While religion and personal morals were the main topics at this weekend's gentle "political discussion" at Saddleback Church in Lake Forest, California, Senator McCain did bring up the energy issue. McCain stressed the importance of using nuclear power to reduce greenhouse emissions. "And by the way, in case you hadn't noticed it, the French -- 80 percent -- we love to imitate the French -- 80 percent of their electricity is generated by nuclear power. If they can do it and reprocess, we can too, my friends. And by the way, if you hadn't noticed, we now have a pro-American president of France, which shows if you live long enough, anything can happen in America," McCain said. Quoi? Voulez-vous d'etre comme moi? Quel surprise! ("What? You want to be like me? What a surprise!") I can just hear Nicolas Sarkozy saying. While I stress again that McCain seems to be focusing too much on nuclear, which is going to be a slow, long-term transition if it comes to pass, at least he mentioned other forms of energy at the Saddleback Forum. "We've got to do everything. We've got to do wind, tide, solar, natural gas, hydrogen cars, hybrid cars, electric cars," McCain said.
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices.
South Korea plans to boost the share of its energy output generated from renewable sources to as much as 35 percent by 2040, a draft revision to government policy showed on April 19, over four times the current amount.
BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.