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Biden’s Blunder Could Send Oil Prices To $100

Biden’s Blunder Could Send Oil Prices To $100

While oil prices crashed on…

Drilling Is Picking Up In The U.S. Shale Patch

Drilling Is Picking Up In The U.S. Shale Patch

U.S. shale drillers have significantly…

Energy

Natural Gas: Continually Running Into New Obstacles

Jan 05, 2011 at 08:41 | Gail Tverberg

Natural gas would like to be bridge fuel as we deal with oil shortages, but it keeps running into obstacles. A big obstacle is the fact that the price is…

High Oil Prices Will Lead to an Oil Exploration Boom in 2011

Jan 05, 2011 at 08:32 | Al Fin

Oil is like any other commodity: if price go up, people will produce more of it to sell. Despite the bleatings of peak oil sheep, oil companies are responding to…

NOAA Opens Website on Gulf of Mexico Oil Spill

Jan 05, 2011 at 08:28 | David Gabel

Yesterday, the National Oceanic and Atmospheric Administration (NOAA) made public a new website, the NOAA Deepwater Horizon Library. The site contains a treasure trove of information relating to the oil…

Massive Natural Gas Field Found of Israel’s Coast

Jan 01, 2011 at 20:44 | Al Fin

A gigantic natural gas field that could yield millions of barrels of oil was recently discovered on the maritime border between Israel, Lebanon, the Gaza Strip, Cyprus, and Northern Cyprus.…

Oil Industry Still Coming Under Fire

Dec 31, 2010 at 10:44 | Gail Tverberg

Bashing the oil industry seems to be popular. The most recent example is the New York Times’ editorial They haven’t learned. I don’t think any industry is perfect, but…

In Situ Technologies and the Canadian Oil Sands

Dec 31, 2010 at 10:41 | Al Fin

For oil sands that are too deep for surface mining operations, some form of "in-situ" is needed to extract the oil. Most in-situ operations involve the injection of steam into…

One Step Closer to Renewable Petroleum

Dec 31, 2010 at 10:36 | Brian Westenhaus

LS9, with a fresh $30 million in hand is planning to ready LS9?s lead products for commercial production and support additional development and growth programs. Raising money in 2010 was…

Why Natural Gas is Setting Up for a Big Short

Dec 30, 2010 at 10:33 | Mad Hedge Fund Trader

I always thought that a great strategy for a new hedge fund would be to only buy positions from existing hedge funds that were blowing up. That fund would buy…

Shale Gas and the Changing Global Energy Landscape

Dec 30, 2010 at 10:28 | Al Fin

Arguably the biggest story in the United States energy scene, and de facto for the rest of the world, has been the development of shale gas. Natural gas production in…

Iraq Oil Output Highest in 20 Years

Dec 30, 2010 at 10:24 | ISN Security Watch

Iraq's new oil minister, Abdul Kareem Luaibi, said the country's oil output has reached 2.6 million barrels per day, the highest level for more than 20 years. Luaibi said developing…

What Can we do Now About Peak Oil

Dec 29, 2010 at 06:41 | Gail Tverberg

Our problem now is that we have built a complex economy that depends on oil and other fuels. We can see that we will have less oil in the future.…

World Oil Production – A Look Ahead

Dec 28, 2010 at 10:40 | Gail Tverberg

If we look at a graph of historical world oil production, we see a somewhat bumpy production pattern with two major price spikes (in 2009 $)–one peaking in 1981 and…

Consumers Being Persuaded to go Electric – A Look at Electric Car Incentives

Dec 28, 2010 at 10:33 | Andy Soos

During the last few decades, increased concern over the environmental impact of the petroleum-based transportation infrastructure has led to renewed interest in an electric transportation infrastructure. Electric vehicles differ from…

Could Canada be an Energy Superpower?

Dec 27, 2010 at 10:57 | Al Fin

Oil, coal, gas, unconventional hydrocarbons -- you name it, Canada has it. In addition, Canada has rich mineral resources, including uranium. Canada even has a large hydropower resource to call…

Huge Amount of Oil Available, But…

Dec 26, 2010 at 09:45 | Gail Tverberg

There is a huge amount of oil which theoretically can be extracted, but the question is whether the cost will be cheap enough for us to be able to afford…

What Will be the Cost of The Shale Gas Boom?

Dec 23, 2010 at 09:14 | Kurt Cobb

If you externalize the costs of a business activity, it means other people pay the costs--environmental, social and otherwise--and you get the profits. It goes on all the time in…

Major Natural Gas Find in Tajikistan Set to Change Regional Dynamic

Dec 22, 2010 at 10:33 | RFE/RL staff

Tajiks have reason to look forward to a brighter, warmer future, for drilling has begun on a new natural-gas well that promises to reverse their history of energy dependence. Zarubezhneftegaz,…

Abundant Hydrocarbons Buried Underground: Out of Sight Out of Mind

Dec 22, 2010 at 10:15 | Al Fin

Bit Tooth Energy blog takes a fascinating look at petroleum creation and deposition at various depth, using the Eagle Ford shale play as an example. As a…

Why Peak Oil Matters

Dec 21, 2010 at 10:55 | The Oil Drum

It is easy to become befuddled by the current discourse on peak oil. Peak oil is defined generally as the point at which the flow rate of oil to society…

Growing Shale Gas Reserves Compensating for Obama's Energy Starvation Policies

Dec 21, 2010 at 10:14 | Al Fin

The US Energy Information Agency (EIA) is reporting in its Annual Energy Outlook report that shale gas reserves are growing to compensate for losses of offshore gas brought about by…

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