Oil prices are going up, food prices too. And so are the number of oil wells being drilled in the US. According to the American Petroleum Institute, more than 17,000 new oil wells were tapped in 2007, the most active pace since 1990.
Reuters has reported one such case that signifies changing times.  What is of […]

Oil shale development in the Western US moves a little closer. The Bureau of Land Management released a draft plan last December to mine the oil locked in rocks on federal land Colorado, Utah and Wyoming and gave the public 90 days to comment.
Although government officials in western Colorado and eight water companies asking for […]

Shell’s Canadian oil sands business is suffering a profitability squeeze because of the soaring cost of energy needed to extract bitumen from sand.
The oil company’s annual report reveals that operating expenses at the Athabasca Oil Sands Project in Alberta have soared by almost 50 per cent in the two years since 2005, while output at […]

He’s gruff and tough, wears a cowboy hat and won’t be messed around. That’s the image of Alberta’s Premier Ed-the-Earth-Destroyer Stelmach.
His message to the World Heavy Oil Conference was that Alberta won’t be pressured by the Canadian federal government into accepting “unreasonable” deadlines for reducing greenhouse gases.
[Note: Vote for Ed now as the Biggest Fossil […]

Suddenly Ed-the-Earth-Destroyer Stelmach is hounded everywhere he goes.
He was the target of environmental groups that protested outside Canada’s climate change conference in Vancouver.
But Stelmach fended off criticism over his government’s new climate-change strategy that won’t see absolute greenhouse gas reductions until 2020. Stelmach warned that implementing dramatic emissions reductions in Alberta similar to what’s called […]