Oil Shortage Is A Myth

There is more than twice as much oil in the ground as major producers say, according to a former industry adviser who claims there is widespread misunderstanding of the way proven reserves are calculated.

Environment Still In Danger After Oil Spill

Months after an oil spill in the Azov Sea last November the full extent of the damage is still unknown. Back then a storm killed at least six sailors, sank four ships and split an oil tanker in two.
Around 9,000 fish and more than 30,000 birds have died on the coast since the disaster.

Where Oil Experts Come From

A large, steady supply of petroleum graduates from resource-rich and developing nations is helping to ease an industrywide labor shortage, while at the same time chipping away at the advantage in skills traditionally enjoyed by U.S. and European firms.

Costs and Benefits of Graduate Education

Young professionals – and often even old proffesionals – are constantly facing important decisions about their professional development. Even before we finish high school, what appear to be monumental decisions have to be made about selecting a college and a program of study. After four years of college, just as we think we are done and have our BS degree in hand, other questions about further education toward an MS or PhD degree start popping up. How does one deal with these important questions? How do we know what is the “right” answer and its possible benefits, and what will be the cost of making “wrong” decision? Before you spend your time reading this article, let me come clean and say that even after 44 years of teaching, I don’t have any good answers to these questions, but I believe I can propose a process that will help you in charting your future. I’m going to rely heavily on my own experience and my observations of hundreds of students I have had the privilege of teaching or advicing.

Petroleum, the Triple Threat to World Economies

World economies are facing a triple threat. Oil reserves will be close to depletion by the year 2050. Damages from climate changes caused by escalating greenhouse gas emissions will become substantial. Rising transportation and food costs will slow economic growth rates. The results will lead to worldwide economic stagnation without hope for escape or reversal.