Oil Rig

Peak Oil Indefinitely Postponed

Peak Oil is when predicted future production peaks and starts to decline. The experts have been consistently wrong about it – and are again. As Yogi said:”It’s hard to make predictions. Especially about the future.” The USGS expert says past predictions have been wrong because it’s hard to predict “changes in technology — i.e., the […]

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American Entrepreneurs: A Serious Threat

The American entrepreneur is a serious threat to despots across the planet—this time in the oil field. The American entrepreneur is a serious threat to despots across the planet—this time in the oil field. CNSNews reports that this threat is on the radar for Saudi Arabian Prince Alwaleed Bin Talal. Bin Talal is a billionaire […]

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Fracking: Glass Half-Full or Half-Empty?

Fracking has been hailed as a revolution in the American energy field. But according to a November article in The Economist, not all are optimistic about the benefits fracking will have on the economy. Some big companies have had poor investment results, and a Goldman Sachs report predicted only a “modest [economic] boost” from shale […]

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