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Oil Prices Fall Following Large Fuel Inventory Build

Oil Prices Fall Following Large Fuel Inventory Build

Crude oil prices fell slightly…

Judge Blocks Biden’s Ban On Oil Leasing

Judge Blocks Biden’s Ban On Oil Leasing

A Louisiana federal judge has…

Energy / Crude Oil

A Look at the Peak Oil Belief – Is the End Really Near

Sep 10, 2010 at 08:07 | Al Fin

Until we explore the entire planet as carefully as we did Oklahoma and Texas, our assessment of global oil reserves will have plenty of room for surprises. _Vaclav Smil Deeply…

Leaked German Military Study Warns of Peak Oil Crisis

Sep 03, 2010 at 11:33 | Robert Rapier

This week a study on peak oil by a German military think tank was leaked on the Internet. The document shows that the German government is closely studying the issue…

A Boom in Oil Drilling Thanks To Natural Gas

Aug 31, 2010 at 09:31 | Brian Westenhaus

The horizontal drilling and fracturing techniques that press’s favorite devil Halliburton pioneered to trigger the natural gas boom are the same technologies spurring a Canadian and U.S. oil drilling boom.…

Some Aspects of Iraq and Oil

Aug 25, 2010 at 10:33 | Ferdinand E. Banks

Recently the Swedish Oil and Gas Network  graciously invited me to attend one of their seminars, and perhaps share with guests from abroad some of my thoughts on Iraqi oil,…

Why We Need Six New Saudi Arabias

Aug 20, 2010 at 09:51 | Mad Hedge Fund Trader

I recently spent an evening with Ambassador Richard Jones, the Deputy Executive Director of the International Energy Agency in Paris, who had some eye opening things to say about the…

They Died Before the Oil Ran Out

Aug 16, 2010 at 11:20 | Llewellyn King

There is an open secret in the oil industry that dare not speak its name: peak oil. Well, two did speak its name and gained no acclaim for it. One,…

Only a Small Fraction of Earth’s Oil has Been Found

Aug 07, 2010 at 08:56 | Al Fin

Scientists have known for quite a while that most of Earth's oil came from vast numbers of oceanic microscopic organisms -- rather than from dead dinosaurs. From diatoms to micro-algae…

Huge Jump in US Crude Oil Imports

Aug 04, 2010 at 09:26 | Dave Forest

U.S. crude oil imports. Huge jump in the week ended July 23, with total imports up to 11.15 million barrels daily. This is the highest weekly level of oil imports…

Is Matt Simmons Credible?

Jul 27, 2010 at 15:00 | Robert Rapier

I am going to address a touchy subject in this essay, but I simply can’t ignore it any longer. I have noticed that a lot of people are finding my…

Rising Demand in OPEC Countries Causes Oil Importers Concern

Jul 19, 2010 at 07:19 | The Oil Drum

OPEC tells us it has lots of spare capacity, but how much should we believe them? Even when prices were much higher than they are now, back in 2008, they…

Shale Oil’s Place in our Energy Future

Jul 15, 2010 at 14:23 | Brian Westenhaus

Chinese researchers have identified a catalyst called NiMoW, for the hydrotreating of the refined diesel distillate fraction from the Fushun shale oil deposit. Shale oil has high levels of nitrogen,…

What Most Peak Oil Believers are Failing to Consider

Jul 14, 2010 at 02:52 | Al Fin

A lot of otherwise normal, well-functioning persons are firm believers in the idea that global oil production has irrevocably peaked -- or is soon to peak irrevocably. Whether such a…

Lloyd’s Research Paper Warns of Peak Oil Crunch

Jul 13, 2010 at 13:02 | Darrell Delamaide

The Lloyd’s insurance market in London added its voice to those warning about dependence on oil with the release of a research paper that predicted a supply crunch and price…

Crude Oil Awaiting Guidance

Jul 06, 2010 at 04:54 | Editorial Dept

Crude oil is starting the new week on a down note as economic worries continue to dictate near-term price direction. Last week oil lost an enormous 8.6% after double dip…

A Downshift in US and Chinese Growth Marks a Critical Break for Crude

Jul 02, 2010 at 10:54 | Daily FX

Is the global economy facing a double dip recession and a new financial crisis? That is the concern that made the capital markets swoon Thursday. A disappointing round of data…

Oil’s Irreplaceable Role in the Global Energy economy

Jun 19, 2010 at 09:15 | Robert Bryce

Back in 2006, George W. Bush declared that the US is “addicted to oil.” Since then, that phrase has been repeated ad nauseum by politicos on both the Left and…

Oil company Chiefs Push for Lifting of Drilling Freezes

Jun 18, 2010 at 09:25 | Geoffrey Styles

I watched Tuesday's hearing on offshore drilling operations and safety by the Energy and Environment Subcommittee of the House Energy & Commerce Committee, which featured the CEOs of ExxonMobil, Chevron,…

Uganda’s Oil Opportunity

Jun 13, 2010 at 11:05 | Jody Ray Bennett

Uganda’s recent oil discovery has the chance to reshape relations with its neighbours and the West as energy multinationals eye potential opportunities. The Great Rift Valley of East Africa -…

High Hurricane Activity Threatens Gulf Oil Production, Cleanup Efforts

Jun 09, 2010 at 08:28 | Darrell Delamaide

As hurricane season begins in the Caribbean and Gulf of Mexico, forecasters are predicting higher-than-usual activity that could disrupt oil and gas production in the Gulf and hinder efforts to…

The Death of BP?

Jun 06, 2010 at 11:36 | Robert Rapier

It was about six weeks ago that the man I work for walked into my office and asked what was happening in the world of energy. “This oil leak in…

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