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Oil Rises After EIA Reports Crude Inventory Draw

Oil Rises After EIA Reports Crude Inventory Draw

Oil prices rose further on…

Analyst: OPEC’s Cuts Actually Destabilize Oil Market

Analyst: OPEC’s Cuts Actually Destabilize Oil Market

Contrary to its official mission…

Energy / Crude Oil

Caspian Sea Oil Dispute Flairs Up Again Between Azerbaijan & Turkmenistan

Caspian Sea Oil Dispute Flairs Up Again Between Azerbaijan & Turkmenistan

Jul 12, 2012 at 17:17 | Eurasianet

Azerbaijan and Turkmenistan are at it again, feuding over a lucrative patch of the Caspian Sea. Russia would likely be the chief beneficiary of Caspian discord, if it continues.

A Critical Appraisal of Leonardo Maugeri's Decline Rate Assumptions

A Critical Appraisal of Leonardo Maugeri's Decline Rate Assumptions

Jul 10, 2012 at 16:25 | The Oil Drum

This is a guest post by Stephen Sorrell, senior lecturer Science and Technology Policy Research, Sussex Energy Group, and lead author of the UKERC Global Oil Depletion report, and Christophe…

Changing the Definition of 'Oil' to Make the Figures Look Better

Changing the Definition of 'Oil' to Make the Figures Look Better

Jul 09, 2012 at 16:34 | Kurt Cobb

Everyone knows that world oil production has been running between 88 and 89 million barrels per day (mbpd) this year because government, industry and media sources tell us so.…

What Does the Future Hold for OPEC?

What Does the Future Hold for OPEC?

Jul 06, 2012 at 16:54 | Brian Westenhaus

We’re coming up on 40 years of OPEC trying to set the price of oil as high as they can manage.  The oil market is finally at a turning point,…

Oil-Drilling Trade-Offs: Keystone for Alaska

Oil-Drilling Trade-Offs: Keystone for Alaska

Jul 02, 2012 at 16:19 | Jen Alic

The Obama administration so far has stymied big oil’s efforts to move on the controversial Keystone XL pipeline, but the trade-off is a sure victory for Shell in the Alaskan…

Hedge your Bets in the Peak Oil Debate

Hedge your Bets in the Peak Oil Debate

Jul 02, 2012 at 15:40 | Post Carbon

There is nothing but “Sad News for Peak Oil Disciples” these days, according to the Financial Post.The latest example: Leonardo Maugeri, a fellow in the Geopolitics of Energy…

Weaning off Middle East Oil Means Less Than you Think

Weaning off Middle East Oil Means Less Than you Think

Jun 29, 2012 at 16:25 | Jen Alic

One expects the crazy talk to come out during an election season, but reports that the US is close to being weaned off Middle Eastern oil and set to become…

Little Protection Forecast from U.S. Oil Boom

Little Protection Forecast from U.S. Oil Boom

Jun 28, 2012 at 17:19 | Daniel J. Graeber

When crude oil prices settled above $100 per barrel during the first quarter this year, the International Energy Agency noted that psychological risks were infused into oil markets. Tehran, at…

Whatever Happened to the Keystone XL Pipeline?

Whatever Happened to the Keystone XL Pipeline?

Jun 27, 2012 at 16:40 | Jen Alic

Four and a half years of studies and five failed votes in the House later, exactly where are we with the Keystone XL pipeline? Stuck on the US-Canadian border where…

No Dark Clouds on Oil Horizon

No Dark Clouds on Oil Horizon

Jun 26, 2012 at 16:18 | Daniel J. Graeber

The U.S. Department of Energy predicted that OPEC will remain in relatively the same position in terms of market share at least through 2035. In terms of the pricing, the…

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