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Gas
Russian Gas Pipeline Narrowly Avoids Being Blown By Underwater Drone
New reports indicate that someone may have tried to damage Russia’s Nord Stream pipeline, possibly using an underwater drone. This pipeline is critical to gas in Russia and in other countries as well. Destroying it […]
Oil Drops To Lowest Price Since 2009 Amid Supply Glut And Weak Global Economy
Early Monday, futures for a drum of West Texas Intermediate crude oil dropped below $39 per barrel – a level that has not been seen since 2009. On Friday, oil closed at $40.29. That compares […]
California Set For Massive New Gas Tax Hike
If you think low gas prices will mean lower prices to you at the pump all summer long, think again. Taking advantage of seasonally low gas prices, California is now considering increasing the amount of […]
The Summer Set To See Cheapest Gasoline In Five Years
While the price of unleaded gasoline has been steadily climbing, drivers could soon begin to see some relief at the pump, just in time for the summer driving season. “Everything points to the notion that […]
Texas Researchers Find Fracking Causing Earth Quakes
Researchers in Texas have found conclusive evidence that hydraulic fracturing (fracking), a controversial process used to extract tough to reach oil and gas, causes earthquakes it was reported Tuesday. A seismology team led by SMU […]
Big Oil Is Losing Its Grip On The Auto Industry
A revolution is coming and so far big oil doesn’t seem to see it coming. Producing oil via fracking has largely been credited with the recent downtrend in oil prices enjoyed by today’s motorists. But […]