_Economy and Finance

Japan to Begin Test Production for Frozen Gas Locked in Seabed By Tsuyoshi Inajima & Yuji Okada - Mar 11, 2013 Japan, which has almost no natural energy resources of its own, will begin the world’s first offshore drilling operation this week to extract frozen natural gas locked under the seabed. http://www.bloomberg.com/news/2013-03-11/japan-to-begin-test-production-for-frozen-gas-locked-in-seabed.html

Texas Oil Production May Hit Record by 2020, Regulator Says By Edward Klump Texas is poised to more than double daily oil production by 2020, surpassing a 1972 record with surging output from the Eagle Ford shale and Permian Basin, the state’s petroleum regulator said. http://www.bloomberg.com/news/2013-03-06/texas-oil-production-may-hit-record-by-2020-regulator-says.html