News Stories relating to "oil"

In same area as the BP spill! - The huge BP oil spill off the coast of Florida has focused our minds on problems with offshore drilling, but it turns out that oil leaks into the Gulf regularly from other sources. Satellite images reveal that there are TWO other offshore drilling rigs that are leaking oil in that vicinity.

How to settle this controversy - Before we can start cleaning up the oil spill, we have to figure out how big it is, and this has been a problem since BP Oil naturally wants it to be a small as possible, while the people actually doing the clean up need to figure out how big the job is. It turns out that the dangerous...

For marine life - It's an ecological emergency: Oil from the massive leak in the Gulf of Mexico has started reaching coastal wetlands along the Louisiana coast and is expected to reach the shores of Mississippi and Alabama as well. And while the initial effects of the massive Gulf Coast oil leak could be devastating to coastal...

Have our invasions of the Middle East been useless? - Did we invade the Middle East as a retaliation for 911 or for the oil? A couple of years ago, in the midst of hysteria about the oil shortage, we reported that oil may not really be a fossil fuel after all. A group of Swedish researchers have managed to prove that fossils...

Societies in the past managed without it, and we may have to learn to do so as well. Is oil something that we won't ever run out of, or is it something we'll run out of SOON? We know one thing: it's something that we fight wars over, and this argument has yet to be settled.

?NATURAL gas, that is - Many delivery trucks and city buses now run on clean-burning natural gas?but this comes from wells, just like oil, and America's wells are running dry. But Japanese researchers have developed a method of using bacteria found in depleted oil wells to turn leftover crude oil into natural gas. This could...

Oil prices have risen drastically, leading to a potential collapse in our economy. But an oil industry spokesman says the oil shortage is a myth. If so, it's working well for two very divergent groups: the oil companies, who are making record profits, and environmentalists, who want to hasten development of alternate fuels.

In the June...

Maybe we don't need to import oil or create biofuels?maybe we just need to figure out how to use the oil we have. One researcher has figured out how to squeeze more petroleum out of abandoned or soon-to-be-abandoned oil fields.

Using his 40 years in the petroleum industry, Lewis Brown has already extended the life of one field by 17...

Over 7 years ago, Dreamland host Jim Marrs said, "It's all about oil." Now a major UK newspaper reports that the US has blocked the release of a major assessment of oil and gas activity in the Arctic that may be contributing to the extinction of an endangered species.

In the January 22 edition of the Independent, Daniel Howden writes...

China is booming economically right now, but Chinese officials say that the country has only a few years left before oil prices will make its present economy unworkable. Chinese sources project a doubling of oil prices within five years, no matter if oil is a limited or unlimited resource, because even if it is created naturally within the...