Sat, Nov 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Energy, Market Moves, Oil more

America enjoys oil rush as world switches to other energy sources

Posted on 17 June 2013

The peak oil theory, which states that we have passed the moment of maximum global oil production, was described 40 years ago by Marion Hubbert, a former Royal Dutch Shell geophysicist. However, once again, human innovation has saved the day.
Unconventional oil, such as the Canadian oil sands, shale oil deposits in North Dakota and Texas and deepwater drilling in Africa and South America have helped to bolster global energy supplies……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38089 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30