With Bankruptcies Mounting, Faltering Oil and Gas Firms Are Leaving a Multi-billion Dollar Cleanup Bill to the Public

Amid a record wave of bankruptcies, the U.S. oil and gas industry is on the verge of defaulting on billions of dollars in environmental cleanup obligations.

Why Don’t Lions Chase Mice: review

This short book by Tim Watkins is sub titled “An Introduction to Energy-Based Economics”. Perhaps it is worth noting that this is not the same as being an introduction to energy economics and many of the topics in the book would seem a strange choice of topics for an energy economics textbook – the theory of money, for example, or a chapter to explain the economic history of the last few centuries and decades.

It’s Time for a Moratorium on New Fossil Fuel Extraction

New Mexico and other states that depend on fossil fuels need to wake up from the somnolence that oil wealth is bringing. The boom-and-bust cycle will continue, at least partly because the world is finally transitioning to renewable energy, though the more familiar fluctuation of global markets is also a factor.

IEA Investment Report – Stumbling on the Real Story

What the IEA has inadvertently stumbled upon is the reason why oil limits are a problem…It looks like there are plenty of resources available and plenty of ways to reduce energy use through mitigation. In fact, it becomes to impossible to finance everything that needs to be done.