In the small world of geologists, though, the region is well-known. In fact, you might even say it's the single most important patch of undeveloped, unloved, and desolate looking land in America.
With oil prices so high, it's not surprising that Ecuador has joined Bolivia and Venezuela in booting foreign oil companies or drastically raising royalties and taxes. Governments want to get their hands on more of those oil profits to pay for t
But then the US Military offers a contract :) (We need to know if there is a net energy benefit after breaking the molecules - but still very cool) http://hytechapps.com/applications/H2O.htm
Our technology centers on the ability to generate a unique type of hydrogen/oxygen gas mixture on demand from a lightweight, compact machine that uses the water electrolysis process as its underlying technology basis. This unique gas is infinitelyEntered By: Powell Gammill
Ecuador, which has Latin America's fifth largest oil reserves, cancelled Occidental Petroleum Company's operating contract in the country and ordered the US firm's assets seized. The firm would have to "immediately" hand back it
Why you should be buying gas from Citgo by Charlie Reese. "Citgo is owned by the Venezuelan government, and yes, I know that the Bush administration has launched a campaign to demonize Venezuelan President Hugo Chavez. If you believe that band o
As gas prices rise, states are eyeing relief measures ranging from reducing gas taxes to running more state vehicles on alternative fuels. A USA TODAY survey of all 50 states and the District of Columbia found deep concern in state capitals about the
Get ready to say goodbye to the Hummer H1, the hulking, gas-guzzling status symbol that has attracted celebrities and off-road enthusiasts but has drawn the ire of environmentalists.
Only Saudi Arabia, with 259 billion barrels, has larger oil reserves than the Florida-sized patch that surrounds this Canadian outpost. And a pipeline already exists to carry the oil to a key market: the United States.
Bolivian President Evo Morales said that foreign oil companies would not be compensated for oil and gas resources that have been nationalised, and EU president Austria called for explanations.
China will send 12 hi-tech rigs to drill for oil in Cuban waters of the Gulf of Mexico, officials have confirmed, irking US lawmakers that US firms cannot prospect in nearby US waters.
A ruptured gas pipeline exploded as villagers collected fuel in a coastal village in southwestern Nigeria, killing up to 200 people and leaving charred bodies scattered around the beach. Grim-faced rescue workers swung corpses into a mass grave as do
Saudi Arabia announced plans to turn its stock market into a shareholding company open to the private sector and to establish the Middle East's largest financial district.
Plans for foregin oil companies, some from China and India, to drill off the coast of Cuba are prompting calls from lawmakers to ease environmental restrictions that prohibit coastal drilling in most of the US
Brazil has joined the select group of countries with the capability of enriching uranuim as a means of generating power.
You'd think the Apr. 26 oil summit in Qatar would have been an occasion for the industry to celebrate. The world's top energy executives were there, and they could all point to record profits and record demand. But rejoice?
Tight petroleum supplies amid soaring demand could drive crude oil prices above $100 a barrel by this winter, energy experts warned yesterday. That could translate into gas prices of more than $5 a gallon at the pump and spike home heating oil an
[Supply side works!] Oil prices sank more than $2 a barrel for the second straight day, falling below $70 as traders focused on government data that show gasoline supplies grew last week, reversing 2 months of declines.
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world - MORE THAN 2 TRILLION BARRELS.
First Russia, then Venezuela, now Bolivia. Soaring energy prices are fueling a global wave of natural-resource nationalization that is souring the investment landscape for international oil companies and reshaping energy politics for years to come.
Iran has discoverd new deposits of uranium and was continuing it's nuclear enrichment programme despite international protests.
President Evo Morales ordered soldiers to immediately occupy Bolivia's natural gas fields and threatened to evict foreign companies unless they sign new contracts within 6 months giving Bolivia majority control over the entire chain of production
While doing research on my next paper, which is supposed to identify trends worthy of a contrarian investigation, I stumbled on a gem, courtesy of Google and the Policy Review (Summer 1986). It is an extract of an article by Werner Meyer that simply
Fixes are only temporary and largely symbolic, scientists say. They will do little to address the more serious threat of what will happen when demand for oil outstrips the ability to produce it. And that's an inevitable problem that could be just
Oil Minister Kazem Vaziri Hamaneh said that the establishment of Oil Stock Exchange is in its final stage and the bourse will be launched in Iran in the next week. Registration of the Oil Stock Exchange is underway and the entity will operate after b
Dozens of gasoline stations around Houston and Dallas, the heart of the oil industry, ran out of fuel after transportation problems resurfaced with the switch to a new anti-smog fuel blend using ethanol. The shortages add to scattered supply outag
A plan to build the world largest offshore wind-power farm off Massachusetts is dividing residents of the Cape Cod resort region, in a debate involving million-dollar ocean views, migrating birds and soaring energy bills.
Why Government Will Not Do a Damned Thing to Fix the Situation You Find Yourselves In.
"People are trying to avoid the high cost of gasoline by using public transportation," said William Millar, president of the American Public Transportation Association. The higher number of riders on mass transit has persisted since gas
Dozens of gasoline stations from Virginia to Massachusetts ran short of fuel on Friday as suppliers struggled with a transition to a new anti-smog gasoline blend using corn-based ethanol as an additive, marketers said.