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Bears Burst Bakken Bubble

Jul 24, 2012 at 18:06 | Daniel J. Graeber

Ongoing concerns of the Spanish debt crisis dragged on international markets Monday. Oil prices, meanwhile, had rallied last week amid tensions in the Persian Gulf. By Monday, however, Iran had…

How Indian Farmers are Making Millions from the Fracking Boom

Jul 24, 2012 at 18:03 | Ed Dolan

A New York Times story last week featured a picture of a happy Indian farmer in his new house, a replacement for a miserable mud hut. His sister, a…

Iraqi Oil Locked in by Infighting

Jul 23, 2012 at 17:40 | Daniel J. Graeber

Hundreds of people in Iraq were killed Monday following a weekend attack on an oil pipeline in the Kurdish north of the country. The attacks suggest that not only is…

The Fuel Revolution that is Changing the World - and Us

Jul 23, 2012 at 17:34 | Llewellyn King

Colourless, odourless natural gas is changing the world geopolitically and economically in ways undreamed of even five years ago.It is a giant upheaval of which President Obama is…

Secret Fracking Ingredient Discovered

Jul 23, 2012 at 17:32 | Brian Westenhaus

The guar bean grown in the northern India state of Rajasthan is now a key element in the chemical cocktail used to frack wells, the technology that has prompted…

Why Big Oil wants us to Believe in Limitless Oil

Jul 23, 2012 at 17:22 | Kurt Cobb

If you're still operating under the assumption that the earth's petroleum--or at least the cheap stuff--is about to run out, you're not going to thrive in the new oil era.…

Weekly World Energy News Update - 21st July 2012

Jul 22, 2012 at 09:39 | Editorial Dept

Oil prices rebound over Middle East rumblings, renewable energy investors celebrate a crucial exemption from the Dodd Frank Act, and the presidential campaign fever shines the spotlight on electric cars.…

Nationwide Mutual Declines to Cover Fracking

Jul 20, 2012 at 17:43 | John Daly

Nationwide Mutual has become the first insurance company to decline coverage for claims related to hydraulic fracturing, a controversial energy production known as “fracking.” In a press statement “FOR…

Coal Set to Make a Comeback with Underground Coal Gasification

Jul 20, 2012 at 17:33 | Peter McCusker

Following a 100 year gestation period there are signs we could be about to witness the birth of a new coal rush.The first Underground Coal Gasification (UCG) trials…

Natural Gas is the Next Logical Step in US Energy

Jul 20, 2012 at 17:30 | Barry Stevens

The term “logical” may not be strong enough – “only” is certainly more appropriate. The story however remains the same. We are finding more reserves of natural gas, drilling more,…

Oilprice.com Forum Now Live - The Place to Discuss All Things Energy

Jul 20, 2012 at 12:44 | James Stafford

Oilprice.com is pleased to announce the launch of our long promised discussion area. Click the following link to access our forum: Oil Price Discussion Area There are…

Afghan Optimism Ignores History

Jul 19, 2012 at 18:02 | Daniel J. Graeber

International oil companies from the likes of Exxon Mobil and India's ONGC Videsh are among the majors setting their sights on an October deadline to submit bids to the…

What Level of Oil Supply Growth is Needed to Support World GDP Growth?

Jul 19, 2012 at 17:57 | Gail Tverberg

A few days ago, I showed the close relationship between growth in world oil consumption and growth in world GDP. In this post, I will extend that analysis by…

Looking at Leonardi Maugeri's Views on Peak Oil

Jul 19, 2012 at 17:44 | James Hamilton

Carpe Diem, Reuters, FTalphaville, and WhaleOil are among those calling attention to a new paper by Leonardo Maugeri, senior manager for the…

India - Afghanistan's Major Post 2012 Energy Investor?

Jul 18, 2012 at 18:54 | John Daly

An “if” – a major “if,” in fact, is whether Afghanistan will achieve sufficient political stability following the withdrawal of foreign military forces in 2014 to begin economic development.

Nigeria's Oil Shifts to Smaller Players

Jul 18, 2012 at 18:47 | Charles Kennedy

After five years of stalled negotiations, a bill overhauling Nigeria’s oil industry has finally won cabinet approval and if it makes it beyond the president’s office and through parliament, it…

What the Future Holds for Saudi Arabia's Oil

Jul 18, 2012 at 18:40 | Dave Summers

Saudi Aramco has stated that it designs the well layouts and extraction patterns from its oil fields so that they effectively decline at a rate of 2% per year.*…

Why the Government Should Turn the Private Sector Loose in the Energy Market

Jul 18, 2012 at 18:26 | Gary Hunt

The economy, jobs and the debate over the direction of the country dominate 2012 political campaigns.  Nowhere is the political rhetoric fiercer than on energy issues.Today there is…

Gulf Tensions Cloud Oil Markets

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

Oil markets reacted Monday to a naval escalation near Dubai, highlighting on-going tensions in the Persian Gulf region. Oil prices Friday surged higher following economic statements from China, which has…

A "Shocking" Shut-in Scenario for Canadian Natural Gas

Jul 17, 2012 at 17:26 | Keith Schaefer

Canada is full of natural gas. The country's gas storage market is near capacity, in fact -- much earlier than normal in the current gas injection season.

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