Archive for January 9th, 2008

With Americans focusing renewed attention on the health of the planet, recycling becomes more and more a part of everyday life. Most towns and cities now have curbside recycling - and office managers are beginning to follow their example by setting up office recycling programs.

Though it’s not the only change we can or should make in our daily habits to save resources, recycling offers many benefits. It reduces waste and saves raw materials while cutting down on energy uses - for example, paper recycling saves 40% of the energy required to make a new product. With the average office worker using 10,000 sheets of paper every year - and with the huge volume of recyclable cardboard boxes that any business receives in the form of mail - recycling in office settings is a quick way to make a big difference.

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With eyes focused on whether and when oil breaks through the $100 barrier, it turns out that $100 a barrel is really $99.04, at least in terms of the all-time record, according to Cambridge Energy Research Associates (CERA).

CERA, an IHS company (NYSE: IHS), finds that the inflation-adjusted high of $99.04 in today’s dollars, $39.50 in 1980 dollars, was reached during the spring of 1980 when geopolitical turbulence in the Middle East, and Iran in particular, created acute uncertainty about the reliability and adequacy of oil supplies from the world’s most important oil exporting region.

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