Insight and inspiration in turbulent times.
Bonds posted by companies with federal oil and gas leases cover only a small fraction of the projected costs of plugging wells and restoring land once the fuel is extracted, leaving taxpayers with the potential for huge cleanup bills…
President Chavez said that Venezuela will offer China greater access to Venezuelan resources, such as oil, natural gas, and related products, in an effort to reduce Venezuelan dependency on the U.S. market.
I recently saw the movie “The End of Suburbia”…The movie and the organization are about looking to the future to see what we as a civilization will do when oil prices start to increase substantially.
New greenhouse-gas emissions from China, India, and the US will swamp cuts from the Kyoto treaty.
What types of property ownership are best for the world? This article explores how petroleum and water are being owned and mis-owned worldwide from a libertarian perspective.
Russia’s state owned oil firm Rosneft has bought the mystery winner of Yukos’ prize production unit in a move that nationalises 11% of the country’s oil output even as a legal battle rages in America over the sale.
The first phase of a methanol production plant that could become the world’s biggest after completion was inaugurated here Friday by interior ministry and other provincial officials.
Commodity prices reached a record high during November, and the three-year “bull run” looks as if it will continue at least into the first half of 2005, said Patricia Mohr, vice-president of economics for Bank of Nova Scotia.
The US is facing a critical five-year period in which, unless new steps are taken by consumers, industry and government, there is significantly increased risk of higher, more volatile natural gas and electric power prices, job losses, demand destruction and industry relocations.
When I went to work for Mobil Oil in 1966, M. King Hubbert’s prediction that Lower 48 crude oil production would peak in 1970 was controversial. Debate over the timing of the peak in global oil production can be taken as an indicator that it is getting close.
A Peak Oil Nightmare
Russia’s oil output and export growth is likely to slow by almost 40 percent in 2005 as the ruin of top major Yukos, higher taxes and a pipeline bottleneck put the brakes on a five-year boom.
