US District Judge Lewis Kaplan dismissed Bellino's case with prejudice, meaning it cannot be brought again
On the supply side, availability of crude oil is not a pressing current issue, but the world is gradually moving away from depleting conventional and cheaper sources to unconventional sources (e.g. tight oil[1]), often offshore, in deep seas, at remote locations and armed with new technologies, like hydraulic fracking and horizontal drilling. Heavy oil, oil sand and tight oil will be used more and more. All these changes are inevitable but they are relatively more expensive and pose greater safety and environmental risks. (Read More)