http://www.bloomberg.com/news/articles/2016-07-20/halliburton-swings-to-loss-as-north-american-woes-weigh
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Meanwhile, Royal Dutch Shell is switching to LNG
http://www.bloomberg.com/news/articles/2016-07-20/the-future-of-big-oil-at-shell-it-s-not-oil
Fracking will return to help power the world ;)
My cyber-buddy Thane Heins found a way to negate Lenz's Law in electric motors, what with that and the recent moves in cold fusion i think we're entering a new energy paradigm.
You gotta see this guy's design, i have low-level expertise in electronics but i did a replication of his basic one-coil circuit and it violated the work-energy principle in physics :
https://www.google.co.uk/search?site=&source=hp&q=work+energy+principle&oq=work+energy+principle&gs_l=hp.3..0l10.1892018.1895384.0.1895503.24.15.0.9.9.0.124.1162.13j1.14.0....0...1c.1.64.hp..1.21.976.0..0i131.Ksn01-khPMA
When i attached a load to the motor, the rotor sped up anfd the input current went down! Completely the opposite of the WE principle.
If you look him up he's taken a lot of shit (as you do when you claim to have beatn Lenz's Law) but he's made it happen.
I've been in email contact with him since 2007 and he's shown me his patent application and his emails with big companies like Philipsa.
I knoiw it sounds crasy but his way of doing things results in infinite energy, it outputs more thamn you put in.