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Oil Halts Slide On Crude Draw

Oil Halts Slide On Crude Draw

Oil prices regained some lost…

Energy / Crude Oil

Putin Plays Down Russia's Deadly Dependence on Oil & Gas Revenues

Putin Plays Down Russia's Deadly Dependence on Oil & Gas Revenues

Oct 30, 2012 at 18:33 | Al Fin

How dependent on oil & gas revenues is Russia's federal budget? Vladimir Putin recently claimed that his government is only 50% dependent on oil & gas revenues:President Vladimir…

The US is Not Even Close to Being the Next Saudi Arabia

The US is Not Even Close to Being the Next Saudi Arabia

Oct 29, 2012 at 17:38 | Dave Summers

There has been a little stir in the news on Energy lately, as folks have begun to extrapolate the growth in American oil and gas production to the point that…

Putin Strengthens his Grip on World Energy with TNK-BP Deal

Putin Strengthens his Grip on World Energy with TNK-BP Deal

Oct 26, 2012 at 17:54 | Marin Katusa

Exxon Mobil is no longer the world's number-one oil producer. As of yesterday, that title belongs to Putin Oil Corp – oh, whoops. I mean the title belongs to Rosneft,…

Why Shale Oil Will Never be a Game Changer

Why Shale Oil Will Never be a Game Changer

Oct 26, 2012 at 17:50 | The Oil Drum

The impact of unconventional fuels like shale oil on the global energy system is still an issue of great uncertainty. Not so much because of the size of the tank…

Why the US is NOT the New Saudi Arabia

Why the US is NOT the New Saudi Arabia

Oct 25, 2012 at 18:17 | Dave Cohen

Here we go again, another ‘Planet Stupid’ update. All posts like this one have a predictable structure. Some egregious baloney is put out by a propaganda organization like Reuters, the…

US to Overtake Saudi Arabia? Skewing the Oil Stats

US to Overtake Saudi Arabia? Skewing the Oil Stats

Oct 25, 2012 at 17:46 | Jen Alic

The headline-sweeping news led by the Associated Press this week to the effect that the US is poised to overtake Saudi Arabia as the world’s largest producer of oil buries…

Peak Oil and the Challenging Years Ahead

Peak Oil and the Challenging Years Ahead

Oct 25, 2012 at 17:34 | Gail Tverberg

We seem to hear two versions of the story of limited oil supply:1. The economists’ view, saying that the issue is a simple problem of supply and demand.…

Can Russia Afford to Cut Itself off from Western Oil Companies?

Can Russia Afford to Cut Itself off from Western Oil Companies?

Oct 24, 2012 at 17:12 | Al Fin

“For foreign oil companies seeking to expand production and reserves, Russia is now off limits,” Robbert Van Batenburg, head of research at Louis Capital Markets LP in New York, said…

Oil Still Calling the Cards in Mideast

Oil Still Calling the Cards in Mideast

Oct 23, 2012 at 17:49 | Claude Salhani

The battle for control of the Middle East, part of which is being fought today in Syria, and that this past weekend many fear has spread to engulf neighboring Lebanon,…

The Economic Benefits of Reducing Oil Imports

The Economic Benefits of Reducing Oil Imports

Oct 22, 2012 at 17:41 | James Hamilton

On Wednesday I noted that encouraging more U.S. oil production was unlikely to result in a significant drop in U.S. retail gasoline prices. Nevertheless, I believe that there would…

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