The petro-crisis has already prompted capital flight, contributing to a 12% decline in the bourse so far this year.
The petro-pessimists' most forceful argument is that the Persian Gulf, officially home to most of the world's oil reserves, is overrated.
Their targets are makers of MTBE, like Lyondell Chemical, and the petro titans ExxonMobil, ChevronTexaco and BP, which refine MTBE-laced gasoline.
The petro-giants own the oil, but they rely on service companies like Weatherford to drill for it, study it and build wells and pumps to extract it.
The government is exploring ways to reduce immigration restrictions to make it easier for technical professionals, particularly those with experience in the petro-chemical industry, can come and work in Brazil.
NRG, meanwhile, has been ramping up its investments in solar and wind power as well as rolling out an electric car-charging network in the petro capital of Houston, of all places.
FORBES: NRG's David Crane: No new nukes but the solar business looks hot
Given the petro-background of many of Mr Bush's men, such persuasion should mute objections from those in Washington who want to change the regime in Libya before dropping sanctions or restoring ties.
We need to create a whole-government, whole-society approach that learns from and taps into the new global geography of innovation, the waves of innovation coming from Indian designers focused on the rural poor, the talent factories of a resurgent China, the petro-dollar-fueled innovation hubs of the Middle East and the disaster-honed civil innovation capabilities of Chile, for instance.
Oil's 60% decline from its peak also suggests a large decline in the amount of petro dollars flowing to the oil producers.
Gonzales also denounced that the fact that there are petro-dollars circulating in the market does not mean that the economy is strong.
"There's no physical difference in the moon, " said Noah Petro, scientist for the Lunar Reconnaissance Orbiter at NASA's Goddard Space Flight Center in Greenbelt, Maryland.
Zambia's unwise nationalisation of the mines in 1969 (as advised by the best of British development economists) may have contributed to declining copper production but population pressures, shifts in the terms of trade since the 1970s and a burden of debt to the West that originated then in recycled petro-dollars have contributed massively to the impoverishment of the country.
Instead of bringing the region together, petro-rivalry could drive it apart.
The Egyptian Ministry of Petroleum has approved Petro Kareem, a venture between Dana and the Egyptian General Petroleum Corporation.
Iran, mired in deficits, is in no position to help, compared to the still-flush Arab petro-monarchies.
Petro explained that the combination of a supermoon and eclipse happening at the same time is just planetary dynamics.
High oil prices give petro-economies the wherewithal to counter discontent by dispensing largesse.
Winters' friend, Joe Petro, said the actor died at his California home of natural causes surrounded by friends and family.
The factions seem close to a federal law over how to distribute petro revenues--which might tamp down the violence--but are hung up on who would have final say, the feds or the regional government.
The question was further complicated when at just about the same time Suncor took over Petro-Canada.
There are a couple of reports about an ex-import bank loaned to the Brazilian government for offshore drilling petro bucks.
It's a situation that's difficult to understand considering Venezuela is a petro-state with the largest proven reserves of oil on the planet.
With Lopez in the lineup for Brooklyn, Johan Petro started at center.
The other companies Lacey referred to include Opti Canada, Royal Dutch Shell and the Forest Hills project conducted by Petro-Canada, UTS, and Teck Cominco.
The other companies Lacey referred to include Opti Canada, Royal Dutch Shell and the Forest Hills project conducted by Petro-Canada (nyse: PCZ - news - people ), UTS, and Teck Cominco (nyse: TCK - news - people ).
The Hawks followed up with such a pathetic offensive set that 7-footer Johan Petro wound up shooting a 3-pointer just ahead of the shot clocked.
With 133 billion barrels of proven reserves, it is the world's second-largest petro nation, after Saudi Arabia.
Still, all in all, kudos are in order to Chancellor Petro for at least revisiting the relationship between state schools and the governments which help fund them.
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