Full Title: US Policy Shift to Carbon Capture, Utilization, and Storage Driven by Carbon Dioxide Enhanced Oil Recovery
Author(s): Pamela Tomski, Vello Kuuskraa, and Michael Moore
Publisher(s): Atlantic Council
Publication Date: April 1, 2013
Full Text: Download Resource
Description (excerpt):
The price of crude oil in the U.S. never exceeded $40 per barrel until mid-2004. By 2006 it reached $70, and in July 2008 it peaked at $145. By late 2008 it had plummeted to about $30 before increasing to $110 in 2011. Are speculators at least partly to blame for these sharp price changes?