One consequence of the recent surge in oil prices is the Energy Policy Act of 2005, which offers a series of grants and tax incentives to encourage development and investment in alternative energy sources: biofuels, forest biomass, wind, solar, and geothermal. (sciencemag.org)
TORONTO — The Toronto stock market ended Tuesday on a high note as a surge in oil prices boosted energy stocks and rumours of U.S. wireless carrier Verizon entering the Canadian market appeared to lose steam. (canadianbusiness.com)
«The surge in oil prices since the end of last year is already doing significant damage,» he said. (macleans.ca)