The extraordinary hype surrounding this industry has been impressive to say the least. It has clearly been a public relations exercise of disproportionate scale compared to what the wells are actually producing. That should have been our first clue. Methinks they doth propound too much. read more

-Shell Wins U.S. Permit To Prepare For Arctic Drilling -Gazprom puts giant Shtokman Russian Arctic gas project on ice over costs -Cold Hands, Determined Hearts -Peak oil returns: the “unconventional oil” bubble may well pop in Arctic waters read more

On the surface one would think that the revolutionary advances in worldwide communications--made possible first by the telegraph, then by the telephone, the radio, the television and now by the Internet--would lead to a broad consensus on such issues as climate change and resource depletion. Almost everyone now has nearly instant access to the latest scientific information on these issues. Yet, no consensus has emerged, at least not one strong enough to bring about definitive action.

-Every Household in India to Have Electricity in 5 Years: Indian PM -India’s other power failure (and its opportunity) -Smart Grid Solutions in India [White Paper] -Asia’s real power struggle read more