At a time when the rest of the world (for a host of reasons) is shying away from the hydraulic fracturing “boom,” the United States appears to be hell-bent on allowing fracking in every available space. The latest target for the industry has been the already imperiled Gulf of Mexico, the same waters that are still...read more
The Bush administration has appointed former ExxonMobil CEO Lee Raymond and the National Petroleum Council to chart America's energy future. Raymond, chair of the NPC, is to provide the administration with policy recommendations for the long-term direction of the nation's energy policy. Raymond was granted the power to handpick the study's leadership.