Our growing thirst for energy means today's projects dwarf most past endeavors. The Hoover Dam cost $49 million in 1936. Adjusted for inflation, that's only $825 million today.
Oil production in Iraq surpassed 3 million barrels a day in July, putting it ahead of longtime rival Iran.
Mexico's oil production is waning as its oil fields age and the state oil company, PEMEX, retains a monopoly on the business.
Chesapeake Energy was hit hard earlier this year but strategist John Licata thinks the stock has bottomed out.
From shipping in water from out of state to digging their own ponds and water wells, oil companies drilling in the drought-ridden fields of southern Kansas are doing whatever they can -- and spending lots of money -- to get the water they need to tap into the state's oil reserves.
