Prophecy in today's headlines

Gulf Oil Full of Methane, Adding New Concerns

It is an overlooked danger in oil spill crisis: The crude gushing from the well contains vast amounts of natural gas that could pose a serious threat to the Gulf of Mexico’s fragile ecosystem. The oil emanating from the seafloor contains about 40 percent methane, compared with about 5 percent found in typical oil deposits, […]

Russia Uses It’s Most Effective Weapon – Gas Monopoly

Cold War Redux is off to an early start this year. Gazprom, Russia’s state within a state natural gas monopoly, shut the taps to Ukraine this morning after talks broke down over 2009 delivery prices. When Russia cut supplies to Ukraine two years ago in a similar pricing dispute, it caused tremendous consternation in European […]