Post Tagged with: "oil exploration"

June 24, 2013 07:45

If For-Profit Oil is Evil, What’s the Alternative?

You can keep your heads in the sand only so long before the growing effects of such idiotic policies come home to you.

December 4, 2012 06:47

Oil Glut to Push Prices Down

Right now the world produces more Oil than it consumes each day, and it has for the past 16 months, this trend will only get worse in 2013. So expect prices to finally start to address this over supply issue in the Oil Markets in 2013.

September 11, 2012 05:26

You Lie! Interior Secretary Salazar Tells Energy Whoppers at Convention

Salazar claimed that Obama energy policies were responsible for reduced oil imports, for record natural gas production, for American auto manufacturers making cars that ‘Americans want to buy,’ and for creating hundreds of thousands of jobs in the renewable sector. But the facts are not on Secretary Salazar’s side.

July 18, 2012 14:17

Taxpayers Pay Sierra Club To Sue to Stop Offshore Drilling

When they sue, the government has to incur the costs of defending itself against the lawsuits, and also picks up the expenses for the groups suing the government. No one even keeps track of how much money the government has ended up spending on such lawsuits.

July 2, 2012 03:45

Global recession could lead to $60 oil

Throw in the fact that it seems everybody (governments as well as consumers) is in debt, nobody has any money, credit issues are becoming increasingly burdensome to deficit financing to artificially stimulate growth via the government intervention route, all these factors are forming a perfect storm for the oil market to face some major headwinds for the next 5 years.

May 30, 2012 05:12

Center of Gravity in Oil World Shifts to Americas; It’s the “Equivalent of a Category 5 Hurricane”

From Canada to Colombia to Brazil, oil and gas production in the Western Hemisphere is booming, with the United States emerging less dependent on supplies from an unstable Middle East.

May 24, 2012 16:20

Global recession means drop in oil prices

Oil is a global commodity and lower demand means lower prices. As Europe crashes, China slows down and America stalls, oil prices will continue downward followed by lower gas prices. Watch for Obama to take credit for lower prices but not the economic slowdown that is really causing the price drop.

May 23, 2012 09:46

States That Have Recovered Jobs the Fastest Have Booming Energy Sectors

Energy is responsible for these states’ job recoveries “to a very large degree,” says Jim Diffley, senior director of U.S. regional services at IHS Global Insight. “In North Dakota and Alaska, the energy sector is predominately very much the single most important factor.”

May 18, 2012 04:37

Forget Peak Oil, Worry About Peak Oil Labor

39,000 workers will be needed in Canada along to replace those who are expected to retire before 2020 just to maintain the status quo. The industry could need as many as 130,000 new hires by the end of the decade with more bullish oil and gas prices.

July 28, 2011 05:52

Billions in tax revenue and thousands of jobs in states where its ‘drill baby, drill’

The Obama administration continues to block drilling where it can but Texas, North Dakota and Pennsylvania have an energy boom resulting in thousands of jobs and billions in new tax revenues. Wherever the federal government manages higher percentages of land oil industry jobs have been reduced dramatically. The only thing standing in the way of expanding US production is the federal government.