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Gasoline Price Could Rise Significantly in US, Says EIA

The regular-grade gasoline prices are expected to stay at an average record of US$ 3.66 per gallon this summer or could rise to US$ 3.73 per gallon in the US, says EIA.

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Irish Government to Invest €90 Million in Clean Energy Sector

The Irish government has planned to invest €90 Million in the R&D of clean energy to meet the growing domestic energy demand and to secure resources for future economic growth.

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Growth without a Hitch for Japan’s Crude Steel Industry

The Japanese crude steel industry continues to grow as demand for crude steel increases from all quarters including automobile and construction industries as well as exports to other Asian countries.

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China produced 489.24 Million Tons Steel Last year

Chinese steel and iron industry has doubled its production in last four years, but it has become a cause of concern as the industry has pushed up the inflation.

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Japan - Gasoline Demand Slumped, Fuel Export Reached Record High

Gasoline demand in Japan has been declining for past two years due to increasing fuel prices but export of refined products is increasing and touched record high in 2007.

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Booming Biofuel Industry in Iowa Takes Toll on Food Prices

The boom in the biofuel industry in Iowa is evident but it has created concerns about increasing food prices as corn is used to produce ethanol.

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