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U.S. Sanctions on Venezuela Snap Back Into Place

U.S. Sanctions on Venezuela Snap Back Into Place

The U.S. has reimposed sanctions…

Texas Deepwater Oil Export Projects Stall

Texas Deepwater Oil Export Projects Stall

Four projects were planned offshore…

Energy

Will US Shale Oil Undermine Its Own Success?

Nov 10, 2014 at 16:58 | Global Risk Insights

The US shale revolution has remarkably influenced global energy markets over the past five years. Can falling oil prices tarnish the extraordinary…

Will Coal Be Cut Entirely From German Energy Mix?

Nov 10, 2014 at 16:46 | Juan Cole

Germany is looking into cutting its use of coal power, at the same time that it is cutting out nuclear. If…

The EIA’s International Energy Statistics

Nov 10, 2014 at 16:36 | Ron Patterson

The EIA, a few days ago posted their International Energy Statistics. They publish lots of statistics here, but on a monthly basis. I only follow their production of world…

GOP Has Big Plans For Energy, But Are The Numbers Right?

Nov 07, 2014 at 17:51 | Colin Chilcoat

In a clear understatement, particularly with regard to the direction of energy policy, President Obama remarked: “Obviously, Republicans had a good night.” The GOP reclaimed control of the Senate…

EU Fracking Boom Becoming Less Likely

Nov 07, 2014 at 17:36 | Igor Alexeev

Pro-fracking campaign in the global media is fading fast. A year or two ago the extraction method suitable for the Arizona desert…

Global Debt Growth Kept Oil Prices High And Delayed The Bakken “Red Queen”

Nov 07, 2014 at 16:31 | Rune Likvern

The saying is that hindsight (always) provides 20/20 vision. In this post I present a retrospective look at my prediction from 2012 published on The Oil Drum (The “Red Queen”…

Is Big Change On The Horizon For Eurasian Gas Market?

Nov 07, 2014 at 16:19 | Eurasianet

It has been a chastening few months for gas-rich Turkmenistan. Two long-standing energy buyers have indicated they will stop purchasing the country’s natural gas, potentially leaving Ashgabat dependent on Chinese…

This Week In Energy: To Ban Or Not To Ban?

Nov 07, 2014 at 16:07 | James Stafford

One of the most frustrating bits of legislation affecting the oil industry looks to be slowly eroding, if not completely. The ban on U.S. oil exports goes back to 1975,…

US Shale Winners And Losers – Part Two

Nov 07, 2014 at 11:03 | Dan Dicker

In going over the 3rd quarter reports from the US E+P’s, the report from Continental Resources (CLR) was the most interesting to me. Harold Hamm, CEO of Continental, was virtually…

Why The U.S. Election Results May Have Less Effect Than You Think

Nov 07, 2014 at 11:01 | Martin Tillier

There is an enormous sense of relief in the U.S. at the moment. Not necessarily because the Republican Party won the mid-term elections, but just because they are over and…

Subsea Production: The Next Big Trend In Offshore Drilling

Nov 07, 2014 at 10:58 | Editorial Dept

The oil industry has steadily moved deeper and deeper offshore to tap oil reserves in harder to reach places. This trend is a function of depleting reserves of easy oil,…

Arctic Air And The Threat Of $70 Oil

Nov 07, 2014 at 10:45 | Jim Hyerczyk

Natural Gas Outlook Natural gas producers may have set a record for stockpile additions in the last week in October, but this didn’t sway traders who continued to push the…

Water-less Fracking Could Be Industry Game Changer

Nov 06, 2014 at 17:41 | Andrew Topf

One of the biggest complaints levelled at the energy industry when it comes to fracking involves the amount of water used in the process of cracking open layers of shale…

Foreign Investment Key To India’s Energy Future

Nov 06, 2014 at 17:32 | Chris Dalby

For a country of the size and complexity of India, there can be no easy solution to a problem as fundamental as giving the whole country access to steady power.…

Oil Price Slide - The Real Problem

Nov 06, 2014 at 17:21 | Gail Tverberg

The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales. They have to continue producing, regardless of how low oil…

Election Results Good News For Keystone XL Pipeline

Nov 06, 2014 at 16:49 | Andy Tully

The US Republican Party has reason to celebrate Tuesday’s victories at the polls. Not only will they now control both the Senate and the House of Representatives when Congress reconvenes…

The Driving Force Behind the US Oil Boom

Nov 05, 2014 at 17:32 | James Stafford

The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics. Behind the stardom of…

Saudi Cut In Oil Price For US May Lead To Price War

Nov 05, 2014 at 16:52 | Andy Tully

Saudi Arabia’s move to cut the cost of its oil to US customers has injected fear into the oil markets, bringing the price of OPEC crude below $80 and suggesting…

California Public Utilities Vote No On Energy Storage

Nov 05, 2014 at 16:43 | Euan Mearns

In 2002 California set itself an ambitious renewable energy target – a third of its electricity from renewables by 2020 – and according to Figure 1 of the California Public…

U.S. Petroleum Supply Update – Latest EIA Numbers

Nov 04, 2014 at 17:39 | Ron Patterson

The EIA just released their Petroleum Supply Monthly where they give their estimates of US crude production as well as the crude production for all states and territories through…

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