It wasn’t too long ago that Interior Secretary Ken Salazar said that an extended moratorium of 6 months on deep water drilling was needed while the Feds reviewed and investigated. So, it’s not surprising that folks are up in arms that the agency issued a new offshore oil drilling permit to Bandon Oil & Gas [...]
Filed under Uncategorized by on Jun 2nd, 2010. Comment.
Igor Kocis, CEO of Geothermal Anywhere in Slovakia, discusses the emerging UltraDrill technology in order to drill to greater depths, where the energy and heat is greater which is needed for electricity generation. In Slovakia, the technology isn’t yet there to extract geothermal energy in mass quantities for electricity generation. It’s the billion dollar question [...]
Filed under Uncategorized by on Apr 22nd, 2010. Comment.
The price of crude broke out to a new 52 week high last week and looks poised to test $100 in the coming weeks. The 82 – 84 level had been a tough level of resistance for several months, but this firm breakout means that this level of previous resistance now acts as support and [...]
Filed under Uncategorized by on Apr 6th, 2010. Comment.