The firm expects costs to keep falling as oil service companies become more efficient and lower their own prices.
Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent.
Even if strict safeguards were in place, uranium sales to India would create intractable problems through uranium exports freeing up India's domestic reserves for weapons production.
The process (and the relevant legislation) is lacking clear participatory, deliberative mechanisms, meaning that the community and wider civil society are not given an arena for actually influencing the decision-making.
But the effects of the oil price crash are now being felt. New data from the EIA says that US oil production is declining.
We commend you for your care for the earth and God's children, especially the poor. With this letter we raise some matters of concern that we ask you to consider as you convey that guidance.
Both parties talk about jobs and emissions, but unlike the small-scale RET which isn't been discussed, the large-scale RET causes job losses, and increases global emissions.
Over the coming weeks and months we will find out whether the Federal Government's new approach to finding a radioactive waste storage and disposal site will be more successful than past efforts.
Wind turbines are less effective and CO2 abatement cost is higher than commonly assumed .
The evidence suggests that closing down a valuable timber industry to create a new national park will not help the Leadbeater's possum
As I have said before somewhere, environmentalism will never be short of impending so-called disasters, from the Great Barrier Reef to a particular frog. Yet the evidence points the other way.
Man-made? Yes, Mr President. Man's release of CO2 into the air by burning fossil fuels is a significant factor in current climate change.