Today’s New York Times carries a story titled “Strong Economy Propels Brazil to World Stage” and reports: It has greatly diversified its industrial base, has huge potential to expand a booming agricultural sector into virgin fields and holds a tremendous pool of untapped natural resources. New oil discoveries will thrust …
More than 75% of the world’s oil reserves are controlled by national oil companies. Of the world’s top 20 oil-producing firms, 14 are state-run. Those areas where private companies have been able to drill have recently been shrinking, and remaining private companies are facing hostile governments that may try to …
The above sentence is an actual headline from the Idaho Mountain Express. Translated from lawyer to English it reads: Department of Energy to do National Environmental Policy Act environmental impact statement on British Nuclear Fuels Advanced Mixed Waste Treatment Project at Idaho National Engineering and Environmental Laboratory after Society for …
America needs more oil, and we just found plenty. The United States Geological Survey (USGS) recently published its “Circum-Arctic Resource Appraisal: Estimates of Undiscovered Oil and Gas North of the Arctic Circle,” and this first-ever assessment of the entire Arctic region estimates are that it contains 134 billion barrels of …
This week, the U.S. Geological Survey released a report estimating that the Arctic Circle contains 1,670 trillion cubic feet of natural gas — nearly two-thirds the proved gas reserves of the entire Middle East — and 90 billion barrels of oil. Unfortunately, the United States is far behind Russia in …
