Weekly oil production hit a level last week that hasn’t been seen since the 1980s. The American shale boom rolls on.

Argentina boasts the world’s second and fourth largest shale gas and tight oil reserves, respectively, and by passing an oil and gas reform law earlier this week, it hopes to catch up to the American shale revolution.

Much has been made of the potential of America’s shale gas to find buyers abroad, but with many gas contracts tied to the price of oil and the recent rapid decline of said price, U.S. LNG seems to be losing the potential cost advantage it was purported to have.

Scientists are coming out in droves in favor of genetically modified organisms. This week, a prominent British research council and a group of leading plant scientists both advocated for smarter policymaking more favorable to GM research.

OPEC’s Secretary General recently claimed that U.S. shale production would be the first to feel the effects of lower oil prices, but the breakeven numbers tell a different story.

A new report warns that, thanks to renewables’ increasing market share, Europe’s energy supplies may not be able to keep up with demand this winter if temperatures plunge.

The fracking boom has unlocked massive new reserves of American natural gas, which to this point have largely been consumed domestically. But as the U.S. builds out its LNG export infrastructure, Europe is readying import terminals in an attempt to loosen Gazprom’s grip on the continent.

Environmentalists tend to paint a grim portrait of a future, in which humanity’s quest for growth leads to widespread environmental devastation. But the ongoing transition to an information economy suggests that a different and altogether more hopeful future awaits.

Putin told the West it needs to cover Ukraine’s gas bill if it wants to prevent supply disruptions this winter. This has likely been his aim all along.

The EU pushed through a number of new green targets for 2030 in Brussels today, including a 40 percent emissions cut as compared to 1990 levels.