Energy Literacy Advocates Newsroom
Energy Literacy Advocates (ELA) is a non-partisan, non-profit, public education and advocacy group dedicated to improving the energy literacy of all sectors of our democracy in order to empower a comprehensive national energy policy that is responsible and sustainable. Stay tuned for updated energy news!
Monday, August 17, 2009
Oil Prices Remain Steady Despite Storm
The storms racing into United States territory have not raised oil prices, despite affecting Gulf of Mexico oil operations. Gulf productions account for a quarter of all domestic oil production.
Supplies of oil remain high, while demand is low, which has kept prices down. US inventory is 20 percent above levels last year.
For more data, click here.
Supplies of oil remain high, while demand is low, which has kept prices down. US inventory is 20 percent above levels last year.
For more data, click here.
Labels: oil companies, oil price, oil supply, oil supply/demand
posted by Amanda Voss at 7:01 PM
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