Feb. 10 (Bloomberg) — Gasoline and heating oil fell as commodities retreated on concern that Greece’s bailout was unraveling over German demands for deeper budget cuts and that the region’s debt crisis would spread.
Depletion of North Sea reserves to affect heating oil prices?
This is because, according to a diplomatic cable obtained by WikiLeaks and
reported by the Scotsman, concerns have been raised that the North Sea is
running out of the resource. The 2008 memo from then energy minister
Malcolm Wicks to the US government …