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An increase in world oil prices is helping Vietnam speed economic growth and build new roads and bridges. But it also means higher fuel prices for its own people. Vietnam is not a major oil-producing nation like some Middle Eastern nations. However,
By Nico Colombant Port Harcourt 22 May 2007 Refinery workers in one of the main cities in Nigeria's Niger Delta have started a protest action over the last-minute sell-off of refineries by the outgoing government. Meanwhile, motorists line up for hou
By Mil Arcega Washington 25 May 2007 Technology and high gasoline prices are helping to coax hard-to-extract oil from California's oil fields. Production at some of the state's older oil fields is expected to dry up in about 25 years, but Chevron say
Oil is good and bad. Its good because it helps our energy needs. Its bad because it causes pollution. Oil is a fossil fuel. Burning it produces carbon dioxide (CO2). This is one of the biggest causes of global warming. There isnt much oil left in the
Rising fuel costs are making it more expensive to move food and other goods to the marketplace. That means prices are going up for consumers, but incomes may not be rising enough to keep pace with inflation. As VOA's Kent Klein reports, it also mean
By Greg Flakus Houston, Texas 17 May 2007 High energy prices, coupled with rising demand, are putting pressure on the oil and gas industry worldwide. Many companies are finding and developing new, underwater fields. More than 67,000 representatives o