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Energy / Crude Oil

Will Rail Run Out of Steam Post-Keystone?

Jun 03, 2013 at 17:00 | Daniel J. Graeber

More than 97,000 rail carloads of crude oil were delivered in the United States during the first quarter of the year. That's 20 percent more than the fourth quarter of…

Is Iraq Capable of Becoming the Largest Oil Producer in the World

May 31, 2013 at 16:48 | Dave Summers

There is often quite a debate in the Peak Oil community over the difference between a reserve and a resource. Simplistically a resource is the amount of, for the sake…

Canada Putting Too Many Eggs in Oil Basket

May 27, 2013 at 16:59 | Daniel J. Graeber

Canadian Natural Resources Minister Joe Oliver said natural resources are the cornerstone of the federal and provincial economies. The U.S. economy, on the road to modest recovery, remains central to…

U.S. Shale Boom Not Enough to Remove the Threat of Peak Oil

May 24, 2013 at 16:57 | Post Carbon

A new phrase, “supply shock,” entered the lexicon of the global oil business this week when the International Energy Agency (IEA) reported that unexpectedly rapid growth in tight oil production…

How Reliable is the IEA’s Oil Market Forecast?

May 20, 2013 at 16:32 | Kurt Cobb

The famous Danish physicist Niels Bohr once humorously observed, "Predictions are very difficult, especially about the future." And so, as the world considers yet another rosy oil supply forecast,…

“Hard sell?” Canada Doubles PR Budget to Promote Tar Sands in U.S.

May 17, 2013 at 17:30 | John Daly

Canada is, according to the U.S. Energy Administration, the leading source of United States crude oil imports, which average 9.033 million barrels per day (mbpd), with Canada sending 2.666…

US: Mexico-TAP and the Dodd Frank Act

May 17, 2013 at 14:12 | Editorial Dept

Bottom Line: US Congress is reviewing House and Senate legislation that could see US companies working under the Mexico-TAP exempted from Dodd-Frank Section 1504 SEC disclosures about payments to foreign…

Displacing Oil Costs Less than Oil

May 16, 2013 at 17:14 | Zana Nesheiwat

“Innovation is the ability to see change as an opportunity — not a threat.” — Steve JobsAre we running out of oil? Are fuel alternatives overrated? Can fossil…

Libya Wants to Sell Oil. Is Anyone Listening?

May 13, 2013 at 17:03 | Daniel J. Graeber

Libyan Oil Minister Abdel Bari Ali al-Arousi said his country was ready to recover from civil war and take its rightful place as the powerhouse of North African energy producers.…

North Dakota Oil Boom Set to Continue for Some Time

May 10, 2013 at 17:23 | Robert Rapier

Last week the U.S. Geological Survey (USGS) provided an update of oil and gas resources in the Bakken region. This was their first update since a 2008 report that…

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