As the economy continues to improve in the U.S. and thus, globally, the price of oil is also going up. Some experts predict oil to go to $100 a barrel in the near future. It is hard to find someone that believes oil prices will go back down substantially for the foreseeable future. This is a [...]
As you may or may not have heard sizeable natural gas discoveries have been made in the past 18 months or so in Israel. The reserves are located in the Mediterranean Sea, off the coast of the northern Israeli city of Haifa. The location of this find is completely within the territory of Israel, but [...]
By now, we all know (or should know) about the global problems the advanced world has with Iran. Recently, further sanctions were placed on that country because they are trying to build nuclear weapons and are evading international pressure to stop. The sanctions that have been recently passed by the UN Security Council, plus some [...]
The Unites States and to a slightly lesser extent, Canada are trying to figure out a way to develop energy from within rather than importing it from unfriendly nations in unstable parts of the world. They are also looking at energy sources that are cleaner than coal which, along with crude oil are the foundation of the energy [...]
After many years of studying, debate and controversy, a Canadian federal panel has decided that a gas pipeline running from Arctic Canada and destined for the Canadian and American markets is a good idea. If it will happen, the federal government will need to fork over an undisclosed sum of money to help it along. There [...]
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