Renewed Oil Exploration Coming Up Short

By Chris Gilpin

Casey Energy Division

Casey Energy Speculator

Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year – with a glaring lack of results.

While more investment dollars have been flowing into oil exploration, less oil has been flowing out of the ground. [...]

Continue reading " Peak Oil - Exploration Shortages "

Exxon vs. Chavez: More Smoke Than Fire
By Chris Gilpin, Senior Editor, Casey Energy Division
Casey Energy Speculator
Last year, Hugo Chavez kicked off another term as Venezuela’s president by announcing all oil majors in the lucrative Orinoco region would be forced to partner with PDVSA, Chavez’s inept national oil company. This was a surprise to no one. [...]

Continue reading " Exxon and Chavez - at it again in Venezuela "