Finding oil and gas to replace the world’s fast dwindling reserves is increasingly risky as rigs probe areas once seen as too difficult or too dangerous, and costs are rocketing, which could imperil future supply.
Archive for February, 2010
Peak Oil Solution: The Simmons Plan
You remember the Pickens Plan, right? T. Boone Pickens’ ill-fated attempt to change the face of the U.S. energy industry by building wind turbines across the midwest and using compressed natural gas to power a new generation of cars.
