Fusion energy could power the entire world, but progress in creating a commercial system is time-consuming, costly and incredibly difficult. However, researchers have now designed a new fusion reactor that would be cheaper and smaller than ongoing constructions, and they say it could be built in a decade. The new concept design, created by scientists at …
Deborah Lawrence had been watching a once-empty parking lot near Midland-Odessa, Texas, fill up with idled drilling rigs usually at work plumbing for oil in the nearby Permian Basin. In January she noticed 10 rigs, then 17 a few weeks later. As winter turned to spring, the number climbed to 35.
This article originally appeared at Oil PriceIn the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices.
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