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.
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.
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.
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.
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.