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Energy

Venezuela’s Oil Industry Hurting Despite Huge Reserves

Jan 17, 2011 at 08:33 | Al Fin

Jorge Pinon, an energy expert at Florida International University in Miami, said that Venezuela's state oil company has suffered from a lack of adequate technology and investment, hurting oil output…

Oil Shale Mining and Research Picking Up Steam

Jan 15, 2011 at 09:04 | Al Fin

Estonia's largest oil shale mining company, Eesti Energia, reported the largest oil shale production figures in 18 years for 2010 - 17 million tons, up 3 million tons from the…

Declining Crude Oil Production and Incorrect Energy Data

Jan 14, 2011 at 10:09 | The Oil Drum

The dramatic fall of Mexican oil production, and its largest field Cantarell, is often cited as a signature example of the problems facing Non-OPEC supply. Since the production highs of…

Who, How and Why: $140 Oil and $5 Gas

Jan 13, 2011 at 13:32 | Llewellyn King

According to a loosely-organized apocalyptic Christian movement, May 21, 2011 will be the "end of days."  On or about that same date, the price of oil in the United States…

EU Officials in Visit to Azerbaijan to Secure Natural Gas Supplies

Jan 13, 2011 at 13:27 | RFE/RL staff

Top European Union officials, including European Commission President Jose Manuel Barroso and Energy Commissioner Guenther Oettinger, are due to open a visit to Azerbaijan today as part of efforts to…

Investors Beware: Hidden Dangers of Increasing U.S. Dependence on Canadian Oil Sands

Jan 13, 2011 at 08:06 | Ed Dolan

Canada is the biggest supplier of oil imports to the United States. Increasingly, those imports come from its vast reserves of oil sands. Is the growing U.S. dependence on Canadian…

The First Oil Shock

Jan 13, 2011 at 07:52 | James Hamilton

A research paper by Eyal Dvir of Boston College and Ken Rogoff of Harvard suggests some interesting parallels between the recent behavior of oil prices and what was observed…

A Climate Model for the Year 3000

Jan 13, 2011 at 07:49 | Andy Soos

The art of prediction is one that often fails and only the test of time will show who is right and who is wrong. Climate models use quantitative methods to…

The Hype Surrounding Peak Coal

Jan 11, 2011 at 10:18 | The Oil Drum

Lately there has been a mild, but growing, level of hype about the coming epoch of peak world coal extraction. As with any other non-renewable resource, the amount of coal…

When Will Offshore Drilling Make a Comeback

Jan 11, 2011 at 10:10 | Andy Soos

Offshore drilling typically refers to the discovery and development of oil and gas resources which lie underwater. Most commonly, the term is used to describe oil extraction off the coasts…

EU Prepares to Approve €1 Trillion Master Energy Plan

Jan 10, 2011 at 10:32 | Global Intelligence Report

INCIDENT: Towards the end of last year, the European Commission presented its new energy strategy for the next decade, calling for investment of €1 trillion in the EU’s energy network,…

Cost Cutting Led to the Gulf Oil Disaster

Jan 10, 2011 at 08:50 | RFE/RL staff

A U.S. presidential panel has concluded that energy firm BP and its partners made a series of "systemic" cost-cutting decisions that led to the oil spill that polluted the Gulf…

Energy Efficiency Stocks Favored by Analysts for 2011

Jan 09, 2011 at 10:20 | Jess McCabe

Analysts and investors predict last year’s gloom for clean-tech stocks will continue in 2011, with few expectations that renewable energy share prices will recover – but energy efficiency is once…

U.S. Coal Industry Suffering from Low Natural Gas Prices and Environmental Opposition

Jan 08, 2011 at 10:40 | David Gabel

The Washington Post has announced that in 2010, not a single new coal-fired power plant was constructed in the United States. This marks the second year in a row in…

What is Big Oil Thinking but Not Saying

Jan 07, 2011 at 11:10 | Brian Westenhaus

Big Oil is much smarter than people think.  By Big Oil this writer means the free world’s independent oil companies.  For those watching, Big Oil has been shifting the publicly…

Coal Prices Soar Following Australian Floods, But Re-Insurance Market Relatively Unaffected

Jan 07, 2011 at 11:02 | Charlotte Dudley

Widespread flooding in northern Australia has caused economic disruption and sent coal prices soaring, but reinsurers are likely to avoid heavy losses, according to industry participants. Dom del Re, a…

The Dangerous Bubble in Commodity and Oil Prices

Jan 07, 2011 at 08:56 | Al Fin

Right now, the printing of trillions of dollars by the Federal Reserve is creating another financial bubble. It is supported only by deficit spending, borrowing, and money-printing. Nothing else is…

The Gulf Oil Spill and Supply Side Ramifications: Get Ready for $4 Gasoline

Jan 06, 2011 at 10:36 | Robert Rapier

Shortly after the Deepwater Horizon disaster in the Gulf of Mexico, I wrote the following: BP’s Oil Rig Disaster May Bring an End to Support for New Offshore Exploration…

Understanding Energy Provision and Conflict

Jan 06, 2011 at 09:31 | Open Democracy

As we are forced to change the way we think about energy, the energy consumer is caught between need and the increasing risks involved in securing traditional energy sources. The…

Turning Old Carpets Into Oil: Garbage to Energy

Jan 06, 2011 at 09:23 | Al Fin

Four billion pounds of carpet enter waste streams in the U.S. each year, says CEO Ron Simonetti. Five pounds of oil go into a single pound of nylon, so annually…

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