British economy still tied to oil
London (UPI) Apr 9, 2013 - Though the British economy is striving to focus more on renewable resources, oil will continue to play a crucial role, a government report said Wednesday. The British Department of Energy and Climate Change published its assessment of the downstream, or refining, sector of the industry. British Energy Minister Michael Fallon said the British economy will need more than 360 million barre ... more

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