Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Thursday, October 27, 2011

Tuesday, July 6, 2010

This better work...

Hitting a Tiny Bull’s-Eye Miles Under the Gulf.

A very good article on directional drilling as it relates to BP's Deepwater Horizon disaster. Be sure to check out this excellent graphic.

Tuesday, January 20, 2009

Don't get hit on the head...

by falling crude oil prices. As stockpiles of the black gold increase due to falling demand, among other market forces, the price dropped below $33/barrel this morning, down from the record high of ~$140/barrel during summer 2008. Interestingly, oil is significantly less expensive than bottled water right now!

Given this dire economic circumstance, perhaps the major oil companies will need a bailout from the federal government?