The Rule of Capture and Legalized Theft
…an oil deposit underneath both our properties, if I stick a drill on my property, anything I suck out of there belongs to me. But oil (and natural gas and…
…an oil deposit underneath both our properties, if I stick a drill on my property, anything I suck out of there belongs to me. But oil (and natural gas and…
…is what is happening with other commodities, oil, for example. Oil producers will eventually have a problem: They will not be able to produce oil at cost! Why? In part…
…Secretary Sam Bodman said Wednesday it will take years to close the gap between increasing world oil consumption and the ability of oil producers to meet that demand. “I think…
…still has this version: $55 Oil Won’t Last…Ultimately, the answer to high oil prices is a lot more production. That’s exactly what the Bush administration intends to do. It seems…
Eric Chaney and Richard Berner of Morgan Stanley pose this question: Why haven’t oil prices fallen more in recent months? Most forecasts made late in 2004 for oil prices had…
…be concerned about: Peak oil: the possibility that oil prices will rise, and because of this production will fall in a rounded curve. Substitutes that are possible because of high…
Trump Drops The Other Iran Oil Shoe US SecState Pompeo announced early today that the waivers granted to 8 nations allowing them to continue to import oil from Iran will…
…problem with drilling in the Galisteo Basin is soil and water pollution. Tecton, the Texas company drilling in the basin, claims to have new, cleaner technologies. But oil and gas…
…keeps putting pressure on the Saudi-led cartel. Pump, pump, pump pump it up! is what American oil producers have been saying for five years straight, since a prodigious increase in crude oil…
…factors like OPEC+ production decisions and global demand fluctuations. U.S. Crude Oil Stockpiles Fall Less Than Expected, WSJ – Anthony Harrup U.S. oil inventories fell by 1.2 million barrels last…