In 2007, even T. Boone Pickens wouldn't have guessed that oil prices would nearly double in price just a year later. But here we are, stirring up a cauldron of high gas prices and equally astronomical energy costs. World energy use continues to fly high, with worldwide use expected to soar 50% from 2005 to 2030, according to a recent report from the Energy Information Administration. Of course, most of this energy demand is from our aforementioned (India and China's middle class rise) friends in developing countries. Developed countries are only expected to see a 19% rise in energy use between now and 2030, while energy demand in the developing world is projected to rise 85%. –Lindsay Goodier, Online Editor, OilandGasInvestor.com; www.OilandGasInvestor.com; email@example.com
2023-12-05 - Integrating digitized rock information with lab data is helping inform decisions in completions, EOR, carbon capture and storage, geothermal and other areas.
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2023-11-30 - Deepwater development and installation technology has come a long way since its start.