Archive for July, 2009

Some See Exxon Investments Into Alt Energy Signaling ‘Paradigm Shift’ for Big Oil

So say some analysts who are pondering Exxon Mobil Corp.’s recent moves. Breaking from years of steadfast commitment to fossil fuels, the behemoth has announced big investments in electric cars, unconventional natural gas and algae-based biofuels

Is Peak Oil Real? A List of Countries Past Peak

Only 14 of the 54 oil producing nations in the world are still increasing their oil production. The era of cheap oil is definitively over, as shown below.