DrumBeat: March 27, 2008
Posted on March 28, 2008 | Filed Under
Now for some wise words from the readers of The Oil Drum…
Russian Oil Output to Fall for First Time in a Decade
“Two years ago, we said the growth rate was falling, and we said this was bad for Russia, remember?'’ Trutnev said in televised remarks after a government meeting in Moscow today. “Now we’re saying the production rate is falling this year. This is not a bogeyman, unfortunately, this is real,'’ Trutnev said, without giving a specific forecast.
Truckers back a national 65 mph speed limit
A highway slowdown has begun in response to high energy prices—and the big trucking companies are leading the way. Con-Way Freight, one of the nation’s largest trucking firms with 8,500 rigs, has announced it is turning back the electronic speed limiters in its entire fleet from 65 miles per hour to 62 mph.
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