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| Oil & Gas Industry (World) |
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There is quite the bun fight going on these days among oil price prognosticators, with much of it taking place on editorial pages and through the airwaves.While many make fun of economists--saying that if all the economists in the world  |  |


A one-time freelance writer and the former publisher of a newsletter, From the Wilderness, Ruppert believes that human civilization is about to be violently downsized. The cause will be the declining availability of oil, although Ruppert mentions other threats, from  |  |
Shale plays typically begin with a leasing frenzy whereby major players accumulate hundreds of thousands of acres, often at astronomical bonus prices. Next, a drilling campaign ensues driven more by lease expiration schedules-typically in the 3- year range-than by science.  |  |
The fundamental enabler of our industrialized American way of life is continuous access to enormous quantities of inexpensive nonrenewable natural resources (NNRs)—energy resources, metals, and minerals. Unfortunately, future NNR supplies will be insufficient to perpetuate our American way of life,  |  |


WASHINGTON — An international fisheries group set up to protect Atlantic tuna has done the opposite and driven one species of the fish, the bluefin, to the edge of extinction, environmentalists said Thursday.On the eve of a 10-day meeting in  |  |
Reuters) - Nuclear energy is seen by some countries as an effective way to keep up electricity supplies while cutting emissions of climate warming gases from burning fossil fuels.Lingering concerns over nuclear safety, waste and costs have limited the sector's  |  |
PARIS (Reuters) - Oil major BP may start construction next year of a cellulosic biofuel plant as part of a push toward commercial production of new types of biofuels from next year, the head of the group's biofuels division said.BP  |  |
HONG KONG (Reuters) - The Philippine government aims to approve contracts to explore and develop the country's massive geothermal energy resources, which could attract more than $2.5 billion in private investment, an official said.The Philippines, the world's second-largest developer of  |  |
SAO PAULO (Reuters) - Brazil's huge offshore oil find, though an economic treasure chest, threatens to undermine the renewable energy industry the country has worked so hard to build.A possible oversupply of oil products in the local market once expensive  |  |
Reporting from Baghdad - The Iraqi government Thursday signed a deal with a consortium led by U.S. oil giant Exxon Mobil Corp. to develop a major oil field in southern Iraq, marking the first entry by an American-dominated group into  |  |
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