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Energy / Crude Oil

Will a Melting Arctic Help Postpone Peak Oil?

Will a Melting Arctic Help Postpone Peak Oil?

Sep 28, 2012 at 17:09 | Post Carbon

Last week brought the news that this summer the Arctic icecap shrank to an all-time low of roughly half the size it was in 1980. While this is the lowest…

Oil Markets Losing Lustre

Oil Markets Losing Lustre

Sep 26, 2012 at 17:37 | Daniel J. Graeber

A U.S. energy trade group said the petroleum market in the country was hit by slumping demand. Total petroleum deliveries for August were at their lowest level for the month…

Importing Nations Feel the Squeeze as Global Oil Exports Steadily Decline

Importing Nations Feel the Squeeze as Global Oil Exports Steadily Decline

Sep 24, 2012 at 17:15 | Kurt Cobb

It is with trepidation that independent petroleum geologist Jeffrey Brown has watched global oil exports decline since 2006. With all the controversy in the past several years over whether worldwide…

Big Oil Funding U.S. Politics

Big Oil Funding U.S. Politics

Sep 21, 2012 at 17:58 | Daniel J. Graeber

U.S. Rep. John Boehner, speaker of the House of Representatives, received nearly twice as much financial support from donors tied to the energy sector than did the next-closest recipient, a…

Oil Markets May be a Matter of Opinion

Oil Markets May be a Matter of Opinion

Sep 19, 2012 at 16:59 | Daniel J. Graeber

Crude oil prices this week declined after the government of Saudi Arabia announced plans to ensure market stability. Oil prices on average continued their decline toward levels not seen since…

Why Unconventional Oil Will Never Provide the Volumes that we Hope For

Why Unconventional Oil Will Never Provide the Volumes that we Hope For

Sep 19, 2012 at 16:46 | Kurt Cobb

In the old days, that is before 2010, the oil industry used to regale the public with tales of plenty that revolved around what is commonly called "conventional oil." Conventional…

Bulls Running for Canadian Crude

Bulls Running for Canadian Crude

Sep 10, 2012 at 18:00 | Daniel J. Graeber

The top administrator at the Bank of Canada last week said high oil prices were good for the national economy. Crude oil prices were mixed in early trading this week…

OPEC has Probably Deceived Us About the Size of its Oil Reserves

OPEC has Probably Deceived Us About the Size of its Oil Reserves

Sep 10, 2012 at 17:58 | Kurt Cobb

Has OPEC misled us about the size of its oil reserves? The short answer is probably. The long answer is that currently, there is no way to know for sure.

The Implications of Saudi Arabia becoming a Net Oil Importer

The Implications of Saudi Arabia becoming a Net Oil Importer

Sep 10, 2012 at 17:46 | Ian Nunn

Ambrose Evans-Pritchard, wrote last week in The Telegraph, Saudi oil well dries up. He presented the following chart of projected Saudi oil consumption, vertical bars, and production, dark blue…

Big Oil 1 - 0 Environment: Shell Granted Permit to Work off Alaskan Coast

Big Oil 1 - 0 Environment: Shell Granted Permit to Work off Alaskan Coast

Sep 05, 2012 at 17:42 | Daniel J. Graeber

Environmental groups concerned about the potential damage to the Arctic environment suffered another blow after the U.S. Environmental Protection Agency granted a temporary air permit for Shell to work off…

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