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Fracking – Oil’s downside: Should governments invest in it?

Oil and natural gas, as investment opportunities, have certainly had their share of publicity; both good and bad. This includes market analysis data to entice potential investors to consider investing or speculating in either oil and gas futures or in stocks and investment funds that include energy companies specializing in the exploration and production of […]

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USA Fracking Will Top Saudi Oil Production in Five Years

The United States is poised to become the world’s largest oil producer by 2020 thanks to increased output of new exploration technologies such as fracking. But what does this mean for politics? The World Energy Outlook 2012 released by the Paris-based International Energy Agency (IEA) predicts that America will surpass Russia and Saudi Arabia as […]

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Saudi Oil Wells May Run Dry By 2030

According to a 150-page report by Citigroup, Saudi Arabian oil could dry up as early as 2030 which is a lot sooner than previously thought The high consumption of oil in the Gulf nations for air-conditioning and desalination means that oil wells are likely to run dry a lot sooner than expected. That’s the news […]