Prices vs climate

European prices for gas climbed to an all-time record of $1,040 per 1,000 cu.m – and dragged up oil prices with them. In the end, the price of a barrel of Brent leaped to $80.

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Los Angeles to ban oil and gas drilling

Los Angele County has backed a ban on new gas and oil well drilling installations and the shutdown of active rigs. About 1,600 wells are to be phased out under the ruling, but officials have yet to indicate the date when it is to take effect.

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