Oil is by far the leading source of energy in the world; it essentially supports our economy here in Alberta. Yet how often do we stop and think of the effects of our dependancies on oil? The upcoming stories on this blog will cover the many aspects of oil and its affect on day to day lives. Those aspects being the environmental implications of the use of oil, and also the potential applications of oil products, along side alternative forms of energy that are in development.
Thursday, November 4, 2010
BP Out of the Red
An article from BBC online discussed BP's announcement that they had begun to make a profit again, despite their record losses from April to June. The article discusses the replacement chief executive and the transition to his takeover. This article provides numbers and figures regarding BP's monetary losses and gains, and provides validity of their sources.
Vern McGill - Opinion BBC Article on BP Profits
