As if anyone had forgotten, discoveries like these show that there remains massive opportunities for oil and gas discoveries in the Gulf of Mexico, especially in the so-called Lower Tertiary Wilcox trend, which Chevron says could contain 12 billion barrels.
Granger causality and long-horizon regression tests also show no causal links between daily returns or volatility in the crude oil and natural gas futures markets and the positions for two large energy exchange-traded index funds.
Plenty of studies show we can run the economy on clean energy and shut down our coal, oil, nuclear and gas plants in the lifetime of the existing stock.