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Saudis Ready To Swing Oil Market Into Deficit

Saudis Ready To Swing Oil Market Into Deficit

Saudi Arabia is taking an…

Dollar Remains Strong In Spite Of Petro-Yuan Threat

Dollar Remains Strong In Spite Of Petro-Yuan Threat

As China’s much-delayed oil futures…

Energy

China Relying on Natural Gas to Support Development

China Relying on Natural Gas to Support Development

May 07, 2010 at 20:37 | Michael Economides

Today, few countries are as honest about their energy present and future as China. While American pundits and politicians have been praising China’s solar and wind forays, Han Xiaoping, an…

Crude Oil Plunges as Turbulence Rocks Financial Markets

Crude Oil Plunges as Turbulence Rocks Financial Markets

May 07, 2010 at 16:35 | Darrell Delamaide

Oil Market Summary for: 03/05/2010 to 07/05/2010 In a week of market turmoil resulting from Greece’s fiscal crisis, oil went from an intraday high above $87 on Monday – its…

Vanishing Uranium Resources

Vanishing Uranium Resources

May 07, 2010 at 08:37 | Dave Forest

There was a mysterious disappearance of uranium in South Australia last week. Uranium mining hopeful PepinNini Minerals reported a new resource estimate on its Crocker Well project. And something was…

Leaked EC paper reveals €81bn cost of Reducing Emissions by 30%

Leaked EC paper reveals €81bn cost of Reducing Emissions by 30%

May 07, 2010 at 08:23 | Carbon Finance

Increasing the EU’s 2020 emissions reduction target to 30% below 1990 levels would add an extra €33 billion ($42.5 billion), or 0.2% of GDP, to the final bill, according to…

India’s Hunger for Coal Sending it on a Worldwide Search

India’s Hunger for Coal Sending it on a Worldwide Search

May 06, 2010 at 11:12 | Michael Economides

India is hungry for coal and domestically there is neither the quantity nor the quality to feed the country’s needs. The situation is exacerbated because coal consumption has soared in…

Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters

Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters

May 06, 2010 at 09:11 | Darrell Delamaide

While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in…

Gulf Oil Spill Threatens Halt to White House Offshore Drilling Plans

Gulf Oil Spill Threatens Halt to White House Offshore Drilling Plans

May 04, 2010 at 09:54 | Darrell Delamaide

The oil spill in the Gulf of Mexico from a collapsed offshore drilling rig could affect White House plans to extend offshore drilling, press secretary Robert Gibbs acknowledged as the…

Where would we be without offshore oil?

Where would we be without offshore oil?

May 03, 2010 at 12:20 | James Hamilton

As oil continues to pour into the Gulf of Mexico, I thought it might be helpful to review how we got where we are today. The graph below shows total…

Economic Data, Oil Spill Push Crude Prices Higher at End of Week

Economic Data, Oil Spill Push Crude Prices Higher at End of Week

Apr 30, 2010 at 16:26 | Darrell Delamaide

Oil Market Summary for: 04/26/2010 to 04/30/2010 Stubbornly high crude oil inventories continued to stymie bulls through the middle of the week, but the market seized on positive economic data…

Speculation Affects Oil Prices but New CFTC Limits May Not Stop It, Survey Finds

Speculation Affects Oil Prices but New CFTC Limits May Not Stop It, Survey Finds

Apr 28, 2010 at 08:43 | Darrell Delamaide

Almost three-quarters of top oil industry participants surveyed by Reuters feel that financial speculation contributes to oil price volatility, but many of them think new regulations to curb speculation may…

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