U.S. Lowers Offshore Oil and Gas Reserve Estimates
The Interior Department’s study for the Congress shows recoverable offshore oil at 12.2 billion barrels, 55 percent below 27.2 billion barrels in 1981, while recoverable gas is placed at 90.5 trillion cubic feet, down 44 percent. The assessment follows a Congressional Office of Technology Assessment report.
MENTIONED IN THIS ARTICLE
Washington
Interior Department
United States
Congressional Office of Technology Assessment
Alaska Offshore Oil Prospects Dwindle in New Study
A new study finds Alaska offshore oil reserves are 73 percent lower than 1981 estimates and gas reserves are 78 percent lower, due to poor results from drilling since 1978. Only one discovery from six Beaufort Sea wells since 1981, none in Norton and Navarin basins. Gulf of Alaska saw no discoveries in a dozen wells.
MENTIONED IN THIS ARTICLE
Interior Department
Alaska
Beaufort Sea
Shell Oil Co
Sea Island
Norton Basin
Navarin
Gulf of Alaska
Lagos Tops Global Cost Of Living Survey Again
Lagos remains the world's most expensive city for foreigners driven by high black market prices, per a Geneva based Business International Corp ranking of 91 cities. Tokyo Tehran Cairo Chicago San Francisco New York Taipei Los Angeles Washington DC and others follow with varying indices and inflation figures.
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Geneva
Switzerland
Lagos
Business International Corp
New York City
New York
Tokyo
Tehran
Cairo
Chicago
San Francisco
Taipei
Los Angeles
Washington D.C
Singapore
Oslo
Sydney
Hong Kong
Zurich
Stockholm
Paris
Rome
Frankfurt
Mexico City
London
Amsterdam
Madrid
Buenos Aires
Bombay
Rio de Janeiro
Arabian Nights deemed too racy for Egyptian courts
Egypt's Interior Ministry has charged three booksellers with pornography violations for distributing the unexpurgated Arabian Nights. The case, pursued in court with a May 19 decision expected, has sparked strong opposition from scholars who fear a broader crackdown on literature and culture. Anis Mansour warned that censoring obscenities could extend to poetry and other forms of expression.
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Cairo
Egypt
Interior Ministry
Scheherazade
Anis Mansour
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