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Energy / Crude Oil

Is Oil to Blame for DRC Violence?

Is Oil to Blame for DRC Violence?

Nov 30, 2012 at 17:09 | Daniel J. Graeber

The British government announced it was withholding aid to Rwanda out of concern the government there was backing the rebel M23 movement in neighboring Democratic Republic of Congo. As early…

The Oil Boom Will Only Last a Decade - Then What?

The Oil Boom Will Only Last a Decade - Then What?

Nov 29, 2012 at 17:08 | James Hamilton

Oil is fundamentally a depletable resource – once a barrel is extracted from the ground and burned, it is gone. Nevertheless, world oil production has continued to increase steadily for…

Can Russia Maintain Current Oil Production Levels until 2020?

Can Russia Maintain Current Oil Production Levels until 2020?

Nov 29, 2012 at 17:00 | The Oil Drum

Uncertainty whether Russia can maintain its high level of oil production continues - 10.7 million b/d in 2012 to date on average. A new more benign tax regime that has…

Three Dilemmas Awaiting OPEC in the Future

Three Dilemmas Awaiting OPEC in the Future

Nov 27, 2012 at 17:20 | Matthew Hulbert

OPEC faces a triple dilemma over the short, medium and long term, none of which have good outcomes for the cartel. The short term is simple; prices are likely to…

Internal Divisions could Burst Canada's Oil Bubble

Internal Divisions could Burst Canada's Oil Bubble

Nov 26, 2012 at 16:58 | Daniel J. Graeber

Provincial leaders in energy-rich Canada are reviewing ways to send oil from Alberta province to eastern refineries in an effort to ensure energy independence. Most of the refineries in the…

A Look at the US Oil Boom - Without the Hype

A Look at the US Oil Boom - Without the Hype

Nov 21, 2012 at 17:29 | The Oil Drum

[Editor's comment: This article is by Dr. Tad Patzek, chairman of the Department of Petroleum & Geosystems Engineering at The University of Texas at Austin. Dr. Patzek's research involves mathematical…

Does Oil Determine who Becomes President?

Does Oil Determine who Becomes President?

Nov 20, 2012 at 17:36 | Kurt Cobb

Was the most recent American election outcome determined by the presidential debates, changing demographics, voter views on issues, Hurricane Sandy (and the president's reaction to it) or voter turnout? Probably…

How Will US Shale Oil Change the Global Energy Market?

How Will US Shale Oil Change the Global Energy Market?

Nov 20, 2012 at 17:33 | RFE/RL staff

For the past five years, progress in extracting gas and oil from shale deposits has been revolutionizing the energy industry in the United States. Now, a new report…

After Being Offline Since 2011, South Sudan Oil to Flow Again

After Being Offline Since 2011, South Sudan Oil to Flow Again

Nov 19, 2012 at 12:29 | John Daly

On 14 November, South Sudan President Salva Kiir declared during a meeting he held in Juba with visiting Kenyan deputy Prime Minister Uhuru Kenyatta that his country's oil production will…

How Will Oil Production Impact the Economy Over the Coming Decade

How Will Oil Production Impact the Economy Over the Coming Decade

Nov 19, 2012 at 11:49 | Post Carbon

A paper published recently by the IMF gives us some insight into how oil prices and availability might affect the global economy in the next decade. The paper, entitled Oil…

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