Retired Mobil VP confirms technology is dangerous and untested.
In a message "straight from the horse's mouth," a former oil executive on Tuesday urged New York state to pass a ban on the controversial practice of hydraulic fracturing, or fracking, saying, 'it is not safe.' "Making fracking safe is simply not possible, not with the current technology, or with the inadequate regulations being proposed," Louis
A large number of U.K. landowners have rejected the notion of wells being set up on their properties due to concerns over earthquakes, water contamination and nature preservation.
The United Kingdom is in the midst of an energy crisis. With electric and gas prices rising in what is developing to be one of the coldest winters in recent memory, Great Britain has grown desperate for relief from what has became a political yoke around the neck of the administration of Prime Minister David Cameron. For the Cameron administration,
If the preliminary data is true, the Land Down Under will soon have 12 percent of the world’s oil reserves.
In January, officials in Australia announced they had found a shale oil field that contained more “black gold” than what’s found in Iran (137 billion barrels), Iraq (115 billion barrels), Canada (175 billion barrels) or Venezuela (211 billion barrels). Discovered underneath the small Southern Australian town of Coober Pedy in the Arckaringa Basin
