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For the U.S. Energy Sector, the Numbers have It

Aug 01, 2012 at 17:24 | Daniel J. Graeber

Oil demand in the United States was stronger in May compared with the same time last year. The U.S. Energy Department, in its monthly report, found consumption rose for the…

How Domestic Energy Production in the US will Stimulate Economic Growth

Aug 01, 2012 at 17:16 | Gary Hunt

The Q2:2012 economic reports are in and—to use a technical term—the results suck!  GDP growth has slowed to 1.5%, unemployment rates remain stubbornly high at 8.2% over average nationwide but…

What the Future Holds for Our Oil Based Economy

Aug 01, 2012 at 08:08 | Daniel J. Graeber

Oilprice.com’s geopolitical editor Daniel J. Graeber was a guest on Infowars evening show last night where he discussed the following topics: • Middle East tensions and their impact on oil prices.

Rail May Hold its Own Against Pipelines

Jul 31, 2012 at 17:29 | Daniel J. Graeber

The Association of American Railroads reports the number of rail tankers carrying crude oil and petroleum products in the United States increased more than 35 percent during the first six…

A New Way To Fracture Oil and Gas Wells

Jul 31, 2012 at 17:21 | Brian Westenhaus

GASFRAC of Calgary, Alberta, Canada, has developed an innovative closed stimulation process and injection method, utilizing gelled LPG rather than water based conventional formation fracturing fluids.The firm…

Pakistan Bets on Underground Coal Gasification to Help Relieve Power Shortages

Jul 30, 2012 at 17:56 | John Daly

Pakistan has glimpsed its energy future, and it is brown – coal, to be exact.Sindh Engro Coal Mining Co. is developing the $3 billion Thar Coal mining project…

How Changing from Fossil Fuels to Renewable Energy Might Affect GDP

Jul 30, 2012 at 17:51 | Gail Tverberg

We talk about the possibility of reducing fossil fuel use by 80% by 2050 and ramping up renewables at the same time, to help prevent climate change. If we did…

Our Current Infrastructure was Built for a Different World

Jul 30, 2012 at 17:21 | Kurt Cobb

It's easy to forget that every piece of our current infrastructure--roads, rails, runways, bridges, industrial plants, housing--was built with a certain temperature range in mind. Our agricultural system and much…

China Zeros in on Canadian Oil, but It's Not About Sovereignty

Jul 29, 2012 at 17:33 | Charles Kennedy

China’s $15.1 billion bid to acquire Canada’s Nexen oil company threatens to turn China into a owner rather just a major buyer of Canadian oil, and prompts a surge in…

China Disinterested in Western Sanctions on Iran

Jul 27, 2012 at 17:15 | John Daly

Few people are aware that Iran is currently subjected to not one, but three sets of sanctions imposed by U.S., the United Nations and the European Union, the latter two…

Shell and Exxon Earn $160,000 a Minute, Yet Still Receive $2.4 Billion Tax Break

Jul 27, 2012 at 17:10 | Climate Progress

The top two corporations on the Fortune 500 Global ranking, Royal Dutch Shell and ExxonMobil, announced their 2012 second-quarter earnings last week, bringing the total profits for three Big…

A Macondo Response to Oil Sands?

Jul 26, 2012 at 17:20 | Daniel J. Graeber

Provincial authorities in Alberta announced plans to review pipeline safety regulations following a series of oil spills in the region. Plains Midstream Canada, Pace Energy Oil and Gas, and Enbridge…

Ten Reasons Why Fracking is Doomed

Jul 26, 2012 at 17:17 | Juan Cole

Proponents of natural gas fracturing and oil drilling are delirious with joy over the ability to recover shale gas, which has brought down world gas prices and made the US…

Why the Oil Futures Market did not Contribute to High Oil Prices

Jul 26, 2012 at 17:13 | James Hamilton

A recent study by Luciana Juvenal and Ivan Petrella suggests that the financialization of oil futures markets contributed significantly to the surge in oil prices after 2003.

How the Big Five Oil Companies Spend their $375 Million Daily Profits

Jul 26, 2012 at 17:10 | Climate Progress

The Big Five oil companies – BP, Chevron, ConocoPhillips, ExxonMobil and Shell – are slated to announce their 2012 second-quarter profits later this week.We can expect these companies,…

Why Energy Will be Driven By Profitability in the Future

Jul 26, 2012 at 17:03 | Gary Hunt

The energy business cycle has always been dominated by boom and bust cycles.  Through changes in technology, economic conditions and regulation nothing has altered that cyclical pattern.  We have, however,…

Why Gas Producers Are Getting Crunched by the Shale Boom

Jul 25, 2012 at 15:58 | Keith Schaefer

North America's shale drilling revolution is taking a toll on natural gas producers.The reason?  The shale boom has generated a tremendous oversupply of Natural Gas Liquids (NGLs) –…

California's Impending Energy Crash

Jul 25, 2012 at 15:55 | Gregor Macdonald

California, which imports over 25% of its electricity from out of state, is in no position to lose half (!) of its entire nuclear power capacity. But that’s exactly what…

Department of Energy & Climate Change Win Battle with Treasury

Jul 25, 2012 at 15:51 | Environmental Finance

The UK’s Department of Energy & Climate Change (DECC) has succeeded in holding cuts to onshore wind subsidies at 10% – winning a battle with the finance ministry, which wanted…

Oilprice.com Top 5 Green Living Concepts

Jul 24, 2012 at 18:18 | Charles Kennedy

The future is a surreal shade of green. A glimpse into up-and-coming trends that will change the way we live includes washing-machine toilets, fitness-powered street lamps and home appliances, eco…

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