North America may have the reputation of being tapped out but that's far from the truth when it comes to oil and gas.

The reserve replacement ratio can help judge the operating performance of an exploration and production company.

EXCO Resources held its annual analyst day and provided a high level of detail about its operations.

Editor's Note: This content was posted in real-time on the Buzz & Banter. It's being shared here for the benefit of the Minyanville community.We've been learning how China has achieved its "miracle growth." The country showed positive GDP growth while its electricity consumption declined in the beginning of 2009 – creative accounting that makes Enron’s accountants appear as dilettantes. A paper published by John Makin at American Enterprise Institute explains it well:  "Once China had announced its 8 percent growth target it began to disburse funds directed at a sharp increase in public works spending. It is important to understand that ...

Environmental opposition to hydraulic fracturing is increasing and may be reaching a critical mass as a more environmentally friendly Congress is now making the rules.