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OPEC Cuts Move West

OPEC Cuts Move West

Wednesday’s EIA report hinted that…

Why NatGas Has Room To Rally

Why NatGas Has Room To Rally

June Natural Gas futures are…

Does This Oil Price Rally Have Legs?

Does This Oil Price Rally Have Legs?

Oil prices rallied almost 10…

Energy

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A Look at the Latest United Nations Predictions on Natural Resource Consumption

Jun 15, 2011 at 08:09 | Gail Tverberg

The United Nations warned recently that the global consumption of natural resources could almost triple to 140 billion tons a year by 2050 unless nations take drastic steps to decouple…

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Indian Coal Shortages has Steel Producers Worried

Jun 15, 2011 at 08:03 | Ag Metal Miner

Recent research on coal imports in India has worried the country’s steelmakers, which are already under pressure from the rise in iron ore prices and coal prices. According to the…

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Some Economic and Historical Aspects of Electric Deregulation

Jun 15, 2011 at 07:57 | Ferdinand E. Banks

In the summer of 2001, a few months before the 9-11 attacks on the Trade Towers and Pentagon, I was invited to Hong Kong as a visiting professor and university…

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Falling Demand Pushes Natural Gas Futures Lower

Jun 14, 2011 at 13:48 | Forex Pros

Natural gas futures edged lower on Tuesday, slumping to a three-day low after forecasts showed mild weather in the Northeastern U.S. states next week, reducing demand expectations for the fuel.…

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David and Goliath: Vietnam Confronts China Over South China Sea Energy Riches

Jun 14, 2011 at 08:49 | John Daly

An increasingly fractious maritime confrontation is developing in the South China Sea, with enormous implications for international companies interested in developing East Asia’s offshore hydrocarbon resources. Far from the radars…

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Oil Recovery Techniques: Using Microbes to Recover Trapped Oil

Jun 14, 2011 at 08:34 | Brian Westenhaus

The financial crisis of 2008 and the high gasoline prices that have haunted consumers since has the Peak Oil debate pressuring enhanced oil recovery. Today there are many countries talking…

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Rapidly Increasing Chinese Oil Demand

Jun 14, 2011 at 08:24 | James Hamilton

Stuart Staniford notes that the number of trucks and passenger vehicles in China has been growing at about 23% each year.

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Disagreements Within OPEC Threaten Organizations Structure

Jun 13, 2011 at 07:20 | Dave Summers

OPEC Ministers, meeting in Vienna last week, apparently had one of their more divisive discussions of recent times over the question of raising pumped volumes. Saudi Arabia, Kuwait and…

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Exxon’s $100 Million a Day Exploration Budget Pays Off

Jun 13, 2011 at 07:11 | Brian Westenhaus

Exxon’s CEO Rex Tillerson announced back in March plans to spend $100 million a day for the next five years to expand the search for oil and natural gas previously…

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Peak Oil and our Uncertain Future

Jun 13, 2011 at 07:04 | Post Carbon

The world is beginning to look a lot like the August of 1914 or perhaps the summer of 1939 all over again. This time instead of the great powers of…

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