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Aramco Looks To Launch New Oil Price Benchmark

Aramco Looks To Launch New Oil Price Benchmark

Saudi Arabia lost a portion…

Is The U.S. Overly Dependent On Russian Oil?

Is The U.S. Overly Dependent On Russian Oil?

Last week, President Trump criticized…

Energy / Crude Oil

Long-Term Oil Forecasts - Merely Guesses

Long-Term Oil Forecasts - Merely Guesses

Dec 12, 2012 at 17:03 | Kurt Cobb

When people read about a long-term forecast of world oil supply--say, out to 2030--they often believe that the forecasters are merely incorporating our knowledge of existing fields and figuring out…

It is Possible to Replace Crude Oil with Synthetic Oil

It is Possible to Replace Crude Oil with Synthetic Oil

Dec 12, 2012 at 16:57 | Brian Westenhaus

A team of Princeton researchers led by Christodoulos Floudas, a professor of chemical and biological engineering at Princeton, evaluated scenarios in which the United States could power its vehicles…

Work on Keystone XL Halts in Texas over

Work on Keystone XL Halts in Texas over "Wrong Type of Oil" Claim

Dec 12, 2012 at 16:53 | Energy Digital

In Texas, a judge ordered the halting of TransCanada's Keystone XL pipeline after a landowner filed a lawsuit claiming that the company lied to Texans about type of oil it…

Peak Oil is Nonsense ... Because There's Enough Gas to Last 250 Years

Peak Oil is Nonsense ... Because There's Enough Gas to Last 250 Years

Dec 10, 2012 at 17:07 | Professor Chris Rhodes

The title is a condensate of the latest rendition from Nigel Lawson, who served Margaret Thatcher’s government, both as Secretary of State for Energy and Chancellor of the Exchequer. In…

Mexico to Privatize State Oil Company Pemex?

Mexico to Privatize State Oil Company Pemex?

Dec 07, 2012 at 17:08 | John Daly

Big potential changes south of the border. Mexican President-elect Enrique Pena Nieto has announced that he wants increased private investment in the nation’s energy industry.Will this include Mexican…

Will Regulators Damn Keystone XL?

Will Regulators Damn Keystone XL?

Dec 07, 2012 at 17:04 | Daniel J. Graeber

Starting Tuesday, U.S. regulators will hold regular meetings on oil and natural gas pipeline safety standards. A series of pipeline issues, ranging from a deadly gas pipeline explosion in California,…

Eagle Ford: The Hottest New US Shale Play

Eagle Ford: The Hottest New US Shale Play

Dec 07, 2012 at 17:02 | Jen Alic

Who’s hot in Eagle Ford? Right now it’s Marathon Oil (US: MRO), which has earmarked $1.9 billion of it’s $5.2 billion in 2013 capital for this south Texas shale play.…

How the US could Eliminate its Need for Crude Oil

How the US could Eliminate its Need for Crude Oil

Dec 07, 2012 at 13:53 | Futurity

The United States could eliminate its need for crude oil by using a combination of coal, natural gas, and non-food crops to make synthetic fuel, experts report.Besides economic…

Why US Oil Consumption Might Drastically Decline in the Coming Years

Why US Oil Consumption Might Drastically Decline in the Coming Years

Dec 06, 2012 at 17:00 | James Hamilton

A lot of attention has been given to the optimistic assessments of future U.S. and Iraqi oil production in the IEA's World Energy Outlook 2012. However, perhaps even more…

U.S. Energy Department Report Supports Shale Boom Credibility

U.S. Energy Department Report Supports Shale Boom Credibility

Dec 05, 2012 at 16:46 | Daniel J. Graeber

The U.S. Energy Department said crude oil production from the United States could reach 7.5 million barrels per day before the end of the decade. Natural gas production, meanwhile, should…

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