The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
With the advent of unconventional drilling methods, the global energy balance is shifting, and the U.S. could soon find itself at the top of list of the world’s oil and gas producing countries.
Shell Oil Company's latest research "Signals and Signposts" affirms peak oil theory: that we have reached maximum worldwide petroleum extraction. The report’s authors recommend swift utilization of alternative energy sources.