By TheWedge.LIVE : SHORTS From the early days when oil gushed up from the bowels of the earth, geologists have pondered its eventual depletion; yet, this miraculous liquid continues to be harvested worldwide and supply the demand. Theorists have prognosticated its limits expecting the world to reach “peak oil.” Yet, new methods beyond conventional drilling, … Continue reading
Category Archives: Economy
“Nobody’s Downtown,” Calgary Oil Executives Talk
By theWedge.LIVE We were the fly-on-the-wall today, listening to an authentic talk between three oil executives. You can hear it too. Today, oil hit $6 per barrel. That’s 30 minutes ago from this writer’s first words. Oil may come back to $20 in the foreseeable future. But no oil producer can survive at this price. … Continue reading
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