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Oil Rush in America

2014-09-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

TomDispatch: Whatever you may imagine, peak oil has not been discredited as a concept, a statement no less true for peak fossil fuels. Think of them instead as postponed. We are, after all, on a finite planet that, by definition, holds a finite amount of oil, natural gas, and coal. Sooner or later, as such deposits get used up (no matter the new techniques that might be invented to extract more of the ever tougher stuff from the earth), we will reach a peak of production from which it will be all downhill....

Tags: america oil rush oil rush

 

Rush for new oil & gas sources pushing us towards extreme actions

2014-03-27 11:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: For almost all our lives, many in North America have lived in a culture that affirmed a belief in the limitless and uncomplicated production of oil and gas. In the US, the land of plenty, and Canada, the land of vast reserves, oil lay under the ground waiting to be discovered. Network television shows such as The Beverly Hillbillies reinforced a naive confidence that our birthright as North Americans included ready access to cheap, plentiful oil and gas. Like Jed Clampett, the hillbilly who got...

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Oil service firms rush to Saudi for busy drilling year ahead

2013-10-27 18:13:52| Oil & Gas - Topix.net

G lobal energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North American market.

Tags: service year oil ahead

 

Shell Leads S. Africa on Record Oil Rush as Coal Falters: Energy

2013-01-07 06:13:33| Oil & Gas - Topix.net

South Africa, the African continent's economic engine, is on the cusp of an oil rush never before seen in the country as burgeoning energy demand exposes the vulnerability of its dependence on coal.

Tags: record energy africa oil

 

Shell Leads S. Africa on Record Oil Rush as Coal Falters: Energy

2013-01-07 04:39:35| Energy - Topix.net

South Africa, the African continent's economic engine, is on the cusp of an oil rush never before seen in the country as burgeoning energy demand exposes the vulnerability of its dependence on coal.

Tags: record energy africa oil

 

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