Few words create division and controversy like the nickname given to the oil industry's most lucrative 21st century trend. We know it as hydraulic fracturing, or fracking.
This type of investment will probably be good for the Chinese economy. But it doesn't change the fact that the economic cost of pollution in China is huge.
America's biggest oil field has become a bona fide cash machine. And it's not just the big oil companies that benefit... Here's how individual investors are cashing in big.
The government is really good at one thing: telling lies. And if history serves as a valid indicator, the government's assessment of oil reserves could be just another giant fib to throw on the top...
Wells will be drilled, shale will be fractured, and crude will flow... until we either burn it all up, or a new technology emerges to make the entire fossil fuel era a thing of the past.
This floating LNG beast will be the largest floating thing ever built. It will displace 600,000 metric tons of water. It will be 1,500 meters long and will contain 260,000 metric tons of steel.
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