Big Oil is due for a disruption. The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It’s officia...
While Beijing's interests also increasingly converge with the China's Thirst for Oil Crisis Group Asia Report N°153, 9 June 2008 West's on issues such as nuclear non-proliferation and stability in the Middle East, its overseas investments are exposing tensions between its energy concerns and ...
I remember several years ago an Indian company purchased land in Ethiopia to grow mustard and sunflower and seeds to be processed for making cooking oil in India . The local tribes were against the transfer of land to the foreigners . The tribesmen killed a few Indian managers and the whole...
With about 39 Gb left to produce at $70/b and net of about $37/b (assuming $5/bo of natural gas revenue used to offset part of LOE and transport cost of $5/b), we have about 1443 B in 2017$ which can be used to pay for the wells. The tight oil plays can be run properl...
Republican opponents said the legislation ignored the need to produce more domestic oil, natural gas and coal. One GOP lawmaker bemoaned "the pure venom ... against the oil and gas industry." Do your part to destroy the Earth By now, most of us have heard of peak oil, the concept th...
"Oil and Gas Projects in the Western Amazon: Threats to Wilderness, Biodiversity, and Indigenous Peoples." PLoS ONE 3 (2008): e2932. 50. Laura M. Rival. "Social Transformations and the Impact of Formal Schooling on the Huaorani of Amazonian Ecuador." Ph.D. Dissertation, London School of...
Simply having less Saudi oil and gas competing in the same space as Russia and its allies – notably Iran and Iraq – would be benefit enough for Russia but there are even bigger added benefits too. One of these is the destruction of the already strained relationship between the U.S. and...
Clearly 25 bp would not have done the trick - just look at the chart - and so the Fed cut 50 bp. It's as simple as that. Nothing to do with the economy, jobs, retail sales or the cost of peanut butter in Peoria. Ain't the truth fun? Can the Fed Save You from the Credit ...
Oil production for The Rest To get a different perspective on US oil production, the above two charts have broken US state production into two groups, “The Big Two” and the “On-Shore L48 W/O Big Two” or The Rest. February production increased in the Big Two states. Output increased...
● In the 1930s we had debt owned by foreigners, but nothing like today. Today we require about $2 billion in foreign capital per day to remain solvent as a nation at the government level. This has been almost-entirely financed through the purchase of cheap foreign goods from China and ...