Oil drilling News
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Pecos -
Don't pick it up, it may look innocuous, and it doesn't look at all dangerous, but if it looks like a metal cylinder and it's between Pecos Texas and Odessa, just leave it where it is and call 911.
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In the past decade there has been a remarkable increase in earthquake activity in the U.S.A. A U.S. Geological Survey research team says that these earthquakes are "almost certainly man-made."
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The pumping of crude oil from northern Afghanistan will soon be a reality now that construction of the first well is underway. The value of oil fields in northern Afghanistan were recently pegged as being worth billions of dollars.
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Ottawa -
Canada used to have fairly strict regulations for offshore oil extraction endeavours, but if you ask the oil industry, the Canadian government hasn't gone far enough on relaxing the rules.
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Portland -
Shell had won a bidding war to successfully nab a couple of oil leases back in 2005 for the Beaufort Sea. But after a legal challenge in 2007, Shell was forced to suspend it's oil exploration activities.
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Using the suspension of the rules calender, House Democrats failed to acquire a two-thirds majority which would require oil and gas companies to use or lose the lands they have leased from the federal government for oil drilling.
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