Tag Archives: Fracking

Petroleum and crude oil – the future of oil production | DW Documentary Video

Published on Mar 17, 2019  —  [Online until: April 17, 2019]

The market for oil is volatile. The transition from petroleum to renewables is in full swing, and global demand for oil could fall faster than predicted. [Online until: April 17, 2019].

When the price of crude oil tumbled dramatically between 2014 and 2016, it heralded the demise of an economic and geopolitical world order in place since the end of World War II. In the last few decades, fracking technology has turned the US into the world’s largest oil producer. Against that backdrop, the move towards renewable energies and away from fossil resources is making dramatic steps forward. A study published back in September 2012 made headlines by predicting an imminent drop in oil prices.          Continue reading

Drought Emergency declared in California. Residents urge end to fracking

Drought Emergency declared in California. Residents urge end to Fracking …  [see video on Fracking below]

Article imageThe state of California formally declared a drought emergency today due to a lack of winter rainfall and water reserves at only 20 percent of normal levels. This is the third year of dry conditions across California, which poses a threat to the state’s economy and environment.

Last year was declared the driest year in recorded history in California and Gov. Jerry Brown recently described the state’s current condition as “a mega-drought.”    Continue reading

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