Already reeling from the negative publicity from Time, a new problem emerges from the corn ethanol dilemma. The Competitive Enterprise Institute warns that aside from global warming and food shortage issues, the production of ethanol will also contribute to another environmental bugaboo... deforestation. If production is to be increased, that means land will have to be sacrificed. Which means forests will have to be chopped down to accommodate new farmland. This is even worse for corn, which has a nasty habit of sucking up nutrients in the land. Either way, it looks bad for the fuel. –Stephen Payne, Editor, Oil and Gas Investor This Week; firstname.lastname@example.org
2023-12-08 - Endeavor Energy Partners operations span 350,000 net acres in the Permian’s Midland Basin — considered of the most lucrative oil and gas region in the U.S.
2023-12-08 - Megadeals between Chevron and Hess and Exxon and Pioneer Natural Resources are under intensified scrutiny but the oil and gas firms say they will cooperate in the U.S. Federal Trade Commission’s “second request” for information.
2023-12-08 - If Australian energy companies Woodside and Santos merge, they would have a 26% share of Australia's east coast gas market.
2023-12-08 - Small and mid-caps’ strong balance sheets look attractive to credit investors and can provide equity that sweetens M&A.
2023-12-07 - Exxon reported more scrutiny from the FTC on Dec. 6, while Pioneer Natural Resources’ incoming CEO Rich Dealy told Hart Energy both firms will be transparent with the inquiry.