The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Fears of a global oil and gas shortage are pushing up prices, leading to a painful spike that is hitting many companies and consumers in their pocketbooks. The high prices have prompted multiple pleas for the industry to invest in new production. But outside of the Middle East and a few spots elsewhere around the world, including Russia, the hundreds of billions of dollars