The Catalan filmmaker, Isabel Coixet, made a documentary that leaves aside all the problems occurred related to Panamanian-flagged tanker "Prestige" and focus on those who left everything to save a land that is had...
President Obama Touts New Mexico Oil Production Positive impacts RainChief [img]http://www.rainchief.com/wp-content/themes/RainChief1/images/rain-chief-logo.png[/img] RainChief's Gulf Jensen Prospect is located in the historically productive Basin. Commenting on Permian...
Today the Permian Basin oil fields produce 17% of total us crude oil and account for over 66% of total Texas oil production. Estimated proven reserves are 4.5 billion barrels [1], second only to Alaska at 5.2 billion barrels. The Basin has produced over 20 billion barrels of...
Why President Obama took control of oil by executive order: It is a squeeze play against Iran. He needed the latitude to regulate the flow of oil into the market to ease pressure to offset sanctions against Iran. ...
Stop the oil addiction The oil industry and their lobbyists will continue to fight for drill-baby-drill. IMO there is nothing wrong with an energy strategy that maximizes return on oil we have and have not drilled...
When the President and Prime Minister of Great Britain announced the releasing of strategic oil reserves for this coming summer brings to light the blatant disregard that the oil industry and our own government has for the general public. Ever since the mid 1970's the...
Oil and Gas provide raw materials for vital manufacturing industries—including chemicals,refining, plastics, and pharmaceuticals— that employ millions of Americans. A balanced energy future cannot rely solely on increasing consumption of fossil fuels. Yet even after...
“It’s the economy stupid,” rings a bell. No president is going to repress gasoline prices. Demand outstrips supply. The way ahead is a combination of new and renewable energy. Transforming the economy...
The exceedingly high cost of oil is forever with us. The moment to transform away from oil dependency is nigh. Economic certainty and positive trends are dependent upon breakthroughs. The first breakthrough...
" When it comes to presidential elections, gas prices aren't as important as you think. Sure, they're a relevant data point, but a study by Yale economist Ray Fair shows that dating back to 1948, there is little correlation between election results and your pain in the...
The basis of the economy percolates through all levels of human activity to become the basis of the character of the people in the economy, which then becomes the character of the societies and policies that the people create. In the same way as the Roman Empire built itself...
Back in 2008 there were certain tell tale signs of inevitable things to come. Call it premonitions of foreboding times yet to come. As in my case a gut feeling that something was unraveling in our economy. I began to sense it back in 2007. But, not too many people even paid...
Oil is a resource that has a vast range of uses, from plastics to pharmaceuticals. The more oil is burned, the less oil is available for creating high-end goods, the less the utility realized and the less the money gained.
Meanwhile there are any number of other...
Pipe of oil Laying a pipe filled with oil from the northern end to southern end of the USA is a bad idea on the premise. Aside from cutting through environmentally sensitive dunes in Nebraska, the pipe cuts...
With the United States still importing over 10 million barrels of oil per day of which about 10% comes directly from Venezuela it should come to no surprise that the United States is practically sanctioning Hugo Chavez's regime. Least we forget it was last Springs uprisings...