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Oil Bulls Drive Prices Higher On Vaccine Success

Oil Bulls Drive Prices Higher On Vaccine Success

Bullish sentiment has once again…

Energy / Energy-General

European Power Plants Win Reprieve on Emissions

Jul 12, 2010 at 03:30 | Philippa Jones

The European Parliament voted overwhelmingly on Wednesday to adopt the Industrial Emissions Directive, after agreeing a compromise position that will give power plants extra time to comply with stricter levels…

A look at China’s Growing Demand for Oil

Jul 10, 2010 at 04:40 | The Oil Drum

In my last post, we looked at the supply of oil in the US Energy Information Administration's (EIA's) recently released International Energy Outlook (IEO), which many consider the EIA's definitive…

Ownership of Offshore Israel Gas Deposits Speculative Without Further Drilling

Jul 09, 2010 at 11:53 | Fawzia Sheikh

While offshore natural gas discoveries have spurred Lebanese and Israeli saber-rattling in a region widely viewed as rich in energy resources, a London analyst said it is too early to…

China Plans New Energy Resource Tax, Infrastructure Spending in Western Provinces

Jul 09, 2010 at 06:36 | Darrell Delamaide

Chinese officials announced plans to develop the country’s western provinces as the center of its energy industry and reformed the resource tax on oil, coal and natural gas extraction so…

Dwindling Resources and Why Population Growth Must Stop

Jul 08, 2010 at 02:50 | The Oil Drum

Earth’s population is approaching seven billion at the same time that resource limits and environmental degradation are becoming more apparent every day. Rich nations have long assured poor nations that…

Looking for Value at Occidental Petroleum (OXY)

Jul 07, 2010 at 05:12 | Mad Hedge Fund Trader

While a student at UCLA in the early seventies, I took a World Politics course which required me to pick a country, analyze its economy, and make recommendations for its…

Oil Companies Benefiting from Tax Breaks and Large Subsidies as Congress Meekly Looks On

Jul 06, 2010 at 15:50 | David Caploe PhD

When the Deepwater Horizon drilling platform set off the worst oil spill at sea in American history, it was flying the flag of the Marshall Islands. Registering there allowed the…

What Happens When Oil and Other Fossil Fuels Deplete

Jul 06, 2010 at 06:36 | Gail Tverberg

What happens when energy resources, such as oil, deplete? Many people believe that oil prices will just go up--but I don't see that to be the case. A more likely…

Turning Crude Oil to Natural Gas in the Oil Field

Jul 01, 2010 at 09:21 | Brian Westenhaus

Dr. Steve Larter holds the University of Calgary’s Canada Research Chair in Petroleum Geology and has more than 30 years’ research experience in petroleum geology and geochemistry in both academia…

Oil Industry Reputation Hit by Gulf Oil Spill, Survey Shows

Jun 29, 2010 at 09:39 | Darrell Delamaide

The Gulf oil spill has hit the reputation not only of BP but of the entire oil industry, including among those who favor increased use of fossil fuels as the…

Your Power Future is in California

Jun 29, 2010 at 09:25 | Mad Hedge Fund Trader

California has a long history of making great leaps to push the envelope on standards, like seat belts, catalytic converters, emissions, and mileage, which are then adopted nationally and globally.…

Emerging Markets will Drive Demand for Oil and Gas in Medium Term, IEA Says

Jun 24, 2010 at 11:27 | Darrell Delamaide

Demand for both oil and natural gas should increase steadily over the medium term, but will be stronger in China, India and the Middle East than in the industrial countries,…

Pushing Electric Cars on Capitol Hill

Jun 24, 2010 at 11:19 | Mad Hedge Fund Trader

FedEx founder and CEO Fred Smith, an ex Navy pilot who I admire enormously, was on Capitol Hill yesterday lobbying for electric cars. In 2009, the US spent $188 billion…

Looking for Energy Babies Thrown Out With the Bathwater

Jun 23, 2010 at 08:31 | Mad Hedge Fund Trader

The great game among hedge funds now is to find the babies that have been thrown out with the bathwater because of the Gulf oil spill disaster. The halving of…

Why the Deepwater Horizon Commission Will be Operating in the Dark

Jun 22, 2010 at 20:07 | Geoffrey Styles

Amid the other news this week, including the President's address to the nation on the Gulf Coast oil disaster and his meeting with BP officials yesterday, the announcement on

Why Energy Independence has Eluded the U.S.

Jun 22, 2010 at 18:46 | Robert Rapier

I have noted before that every president since Nixon has talked about the need to get the United States off of foreign oil and moving toward energy independence. Jon Stewart…

A Bankrupt BP - Worse For The Financial World Than Lehman Brothers?

Jun 22, 2010 at 13:29 | JSMineset

The BP crisis in the Gulf of Mexico has rightfully been analysed (mostly) from the ecological perspective. People’s lives and livelihoods are in grave danger. But that focus has equally…

Obama Administration Knew About Deepwater Horizon 35,000 Feet Well Bore

Jun 22, 2010 at 12:15 | Wayne Madsen

President Obama and Secretary of Interior Ken Salazar, Secretary of Energy Steven Chu, and Defense Secretary Robert Gates were informed that BP would drill an unprecedented 35,000 feet well bore…

Oil Patch Gossip About BP

Jun 21, 2010 at 22:05 | Mad Hedge Fund Trader

Over the years, I have invested so much time wildcatting in the oil patch that I will never be wanting for great steaks at Nick & Sam's in Dallas, skyboxes…

China’s Oil Shipping Fears Could Present an Opportunity for Energy Investors

Jun 21, 2010 at 14:26 | Dave Forest

China is a force to be reckoned with in the international oil market. It is today the world's second-largest oil consumer, after the mighty U.S. And an increasing amount of China's…

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