Bahamas turns to oil exploration in face of mounting debt
The sight of oil wells isn't the best thing for tourism, but absolute dependency on one industry doesn't look so hot either.
Articles tagged “oil”
Ecuadorian indigenous community struggles to balance big oil and ecotourism
A great eternal struggle, between the indigenous community trying to get out of poverty, and big oil using that as leverage to get what they want.
Despite claims, Ryanair planes were not skimping on fuel during Spain re-routings
Ryanair is lots of things -- cheap, rude, penny-pinching, insulting, classless -- but it's likely not so stupid as to toy with safety issues like lack of fuel.
Small hotels say they're being railroaded by BP's Gulf Coast disaster settlement
Despite the fact that gulf tourism ended for at least a year, small hotels are struggling under the weight of proving the exact nature of their losses in 2010 and 2011.
The market likes that airlines are passing along fuel costs to consumers in ticket prices
Nobody likes a fare hike, but it's preferable to the shady practice of adding fuel surcharges that don't actually correspond to actual fuel charges.
Saudi Arabia plans to build first electric subway train for capital city
Is Saudi Arabia, a nation with one of the largest oil reserves, warning the rest of the world to curb fuel use by accepting bids to build its first electric subway, or do they simply benefit by selling more oil abroad?