Bush’s ruinous economic plans

There’s a growing consensus among experts that the most recent wave of oil price hikes is not mainly the result of market manipulation, refining bottlenecks, or the Iraq occupation but the harbinger of the long-predicted depletion of the world’s extractable oil reserves.

Options exhausted, oil firms turn to tar

North America’s crude oil resources have been so thoroughly explored and developed that experts believe that there is hardly any left to find, except perhaps in the deep waters of the Gulf of Mexico.

Putin And The Geopolitics Of Oil

The geopolitics of oil today suggest a backdrop looking less like a benign, happily globalised “one world economy” dominated by America Inc and its assorted “branch plants”, and more a massive, overextended military power fighting a dangerous, and ultimately losing, battle against an angry, resistant globe, of which Russia is but one more growing manifestation.

FuelCell’s Burning Cash

Despite a history that proves fuel cell companies burn a lot of cash but produce precious little energy in doing so, optimistic investors continue to shovel more and more cash into the fire.

Mexican Oil Claims Doubted

Officials at Mexico’s state-owned oil monopoly said Monday that the company has detected massive new oil deposits in the Gulf of Mexico that could potentially double the country’s reserves, but industry analysts cautioned that the company’s findings are still unproven.