Posted October 26, 2005
Today, the Chinese petroleum industry achieved a hefty victory in its drive to procure enough oil to keep China burgeoning for decades to come. Chinese company CNPC has taken over Canadian-based Kazakh oil firm PetroKazakhstan (PKZ.TO) with a US $4.18 billion buyout.
Posted October 24, 2005
Picture a society of factories and filth. On city streets, the black smog is so thick, it's like sucking on an exhaust pipe.
Posted October 23, 2005
Luke Burgess here. I'm currently on a mini-vacation in beautiful sunny Myrtle Beach, the land of Harley Davidsons and Shag dancers.
Posted October 18, 2005
Six weeks ago my blood began to boil when I heard that the federal government issued debit cards worth $2,000 to each adult victim of Hurricane Katrina.
Posted October 17, 2005
The first time I stepped into my hotel room in China, I didn't know why it was dark. Every room I had ever entered in an American hotel-at least ones that could legitimately be called "hotels"-had at least a table lamp lit to welcome me.
Posted October 14, 2005
How real is the possibility that one day self-governing robots will be able to complete the same tasks as humans? According to claims by a growing number of enthusiasts: very soon.
Posted October 13, 2005
Sometime over the past summer the U.S. military acquired a letter from Ayman al-Zawahri, Al-Qaida's second in command, to his top deputy in Iraq.
Posted October 11, 2005
U.S. gold futures reached its highest point in almost 18 years yesterday at $482/oz.
Posted October 10, 2005
Despite the zeal of the environmentalist left, there's a possibly that the U.S will allow energy companies to build new oil refineries.
Posted October 6, 2005
Over the past few days all of the major markets have experienced the proverbial tanking.
Posted September 27, 2005
Gold has made some big gains in the wake of the hurricanes.
Posted September 26, 2005
As many of us watched football yesterday, the energy industry exhaled a collective sigh of relief. Initial damage assessments showed only limited destruction to oil and natural gas platforms in the Gulf of Mexico.
Posted September 26, 2005
A recent nationwide survey showed that Americans believe gasoline prices as the country's top economic issue.
Posted September 23, 2005
Luke Burgess discusses Hurricane Rita and its effect on Houston oil refineries
Posted September 22, 2005
My girlfriend called me on her way home from work yesterday. She told me that she just filled up her car at $2.85/gallon. I told her to go back and fill up the trunk.