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Colombia’s Push To Triple Proven Oil & Gas Reserves

Colombia’s Push To Triple Proven Oil & Gas Reserves

Colombia’s new government sees the…

Energy / Crude Oil

Saudi Arabia Using Oil as an Economic Weapon Against Iran

Saudi Arabia Using Oil as an Economic Weapon Against Iran

Jun 28, 2011 at 07:40 | Energy Digital

Saudi Arabia fears Iran's pursuit of nuclear weapons, and may flood the market with its oil reserves to bankrupt Tehran Saudi Arabia and Iran have been in a bitter dispute…

Releasing Oil From the SPR - A Desperate Economic Fix as QE2 Comes to an End?

Releasing Oil From the SPR - A Desperate Economic Fix as QE2 Comes to an End?

Jun 27, 2011 at 08:29 | Gail Tverberg

The International Energy Association (IEA) announced a plan on Thursday last week to make 60 million barrels of oil available to the market over the next month from the Strategic Petroleum…

What is Obama Trying to Achieve with Thursday’s Shocking Oil Announcement?

What is Obama Trying to Achieve with Thursday’s Shocking Oil Announcement?

Jun 25, 2011 at 08:57 | Bruce Krasting

I’m surprised by the move by the President and the IEA. What’s this about? Is it about the price of oil? Before the announcement WTI was sitting around 95. That’s…

Oil Recovery Techniques: Using Microbes to Recover Trapped Oil

Oil Recovery Techniques: Using Microbes to Recover Trapped Oil

Jun 14, 2011 at 08:34 | Brian Westenhaus

The financial crisis of 2008 and the high gasoline prices that have haunted consumers since has the Peak Oil debate pressuring enhanced oil recovery. Today there are many countries talking…

Rapidly Increasing Chinese Oil Demand

Rapidly Increasing Chinese Oil Demand

Jun 14, 2011 at 08:24 | James Hamilton

Stuart Staniford notes that the number of trucks and passenger vehicles in China has been growing at about 23% each year.

Peak Oil and our Uncertain Future

Peak Oil and our Uncertain Future

Jun 13, 2011 at 07:04 | Post Carbon

The world is beginning to look a lot like the August of 1914 or perhaps the summer of 1939 all over again. This time instead of the great powers of…

Just How Significant is the OPEC Announcement?

Just How Significant is the OPEC Announcement?

Jun 10, 2011 at 07:23 | James Hamilton

The Organization of Petroleum Exporting Countries (OPEC)  announced on Tuesday that its members could not reach an agreement to change OPEC's production quotas. How significant is that announcement? In…

Global Oil Reserves Increase by 6.6 Billion Barrels in 2010

Global Oil Reserves Increase by 6.6 Billion Barrels in 2010

Jun 10, 2011 at 07:20 | Al Fin

In the absence of replenishment by successful exploration or reserves growth, so-called 'reserves replacement', proved reserves would tend to decline over time as production depleted the existing reserve base. However,…

Are U.S. Bureaucrats About to Make a Huge Oil Supply Blunder?

Are U.S. Bureaucrats About to Make a Huge Oil Supply Blunder?

Jun 09, 2011 at 08:21 | Brian Westenhaus

U.S. Secretary of State Hillary Clinton got the file Monday as the State Department concluded a public comment period on its draft environmental impact statement, and will publish a final…

The Oil Beneath California

The Oil Beneath California

Jun 07, 2011 at 07:41 | Dave Summers

The development of oil in Texas produced, in its time, the four richest men in the world (H.L. Hunt, Sid Richardson, Roy Cullen and Clint Murchison) and the single richest…

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