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Breaking News:

Hess Board Recommends Merger With Chevron

Energy

Oil Glut at Cushing Storage Facility not Helped by Seaway Pipeline Expansion

Jan 17, 2013 at 17:11 | Dian L. Chu

The weekly EIA report came out today and one of the noteworthy data points was the Cushing, Oklahoma storage numbers. Already at a record, Cushing added another 1.8 million barrels…

The Idea of Peak Oil is Left in the Past as Production Increases in the US

Jan 17, 2013 at 16:55 | Al Fin

US oil production continues to climb, introducing an odd shape to the traditional "peak oil graph" that has long been touted by energy doomers.

Why OPEC is Worried About the U.S. Congress

Jan 16, 2013 at 16:57 | Daniel J. Graeber

The Organization of Petroleum Exporting Countries in its report for January said the United States in 2013 may post the highest oil supply increase among non-member states. U.S. oil production…

Alaska: Gas Rich, but No Longer Relevant

Jan 16, 2013 at 16:53 | Charles Kennedy

The natural gas boom in the US has rendered Alaska’s otherwise bountiful reserves less relevant. Never fear, Japan may turn out to be an alternative market for Alaskan gas.

Sell US Coal to China and Watch Carbon Emissions Fall

Jan 16, 2013 at 16:49 | Futurity

Exporting coal from the western US to China could actually lower overall greenhouse gas emissions, an energy economist argues.Western US coal companies looking to expand sales to China…

US to Cut Volumes of Imported Oil by Using Natural Gas to Power Rigs, not Diesel

Jan 16, 2013 at 16:47 | Dian L. Chu

With China slowing down, and a recessionary GDP projection (below 3%) for the developed world in the next two years or so, many analysts are also projecting far less bullish…

Rail and Pipelines Merge in Oil Transit Bonanza

Jan 15, 2013 at 17:14 | Charles Kennedy

Pipeline operators have zeroed in on another good investment—rail depots to transport North American oil and gas to refineries, cutting out the middle man in a new trend that is…

2013: Cheapest Gas in 4 Years?

Jan 14, 2013 at 17:17 | Charles Kennedy

Prices at the US pump are on the rise again for the first time since October, but the good news is—according to analysts—this year should see overall lower gas prices…

Colorado Enacts Tough New Fracking Measures

Jan 14, 2013 at 17:15 | Daniel J. Graeber

The state government in Colorado announced that it enacted some of the most stringent laws related to oil and natural gas operations in the country. New regulations require energy companies…

Why you should Ignore any Long-Term Forecasts of Cheap Crude

Jan 14, 2013 at 17:13 | Kurt Cobb

Here's the short version of why forecasts of low long-term oil and natural gas prices are almost certainly wrong: It costs more than that to get the stuff out of…

Strategies to Bring Reliable Electricity to India

Jan 14, 2013 at 17:05 | Green Futures

Micro-scale biomass and solar grids are taking off in India, where the mains fails to meet growing demand."Blackout cuts electricity to 700 million Indians." So ran one typical…

Peak Oil and the Future - What Can we Expect in 2013

Jan 11, 2013 at 16:52 | Post Carbon

There are many forces at work in our world today – climate change, the Arab Spring, population growth, and mass migrations to name a few. Some of these forces may…

Oilprice.com Launches Premium Investment & Intelligence Service for Readers

Jan 11, 2013 at 14:12 | James Stafford

As the world continues its downward spiral with markets hanging over a precipice, the EU looking closer to collapse than ever, and global geopolitical tensions rising to an…

Jordan Reels from Fuel Shortages

Jan 10, 2013 at 17:05 | Charles Kennedy

Iraq and Jordan have inked an agreement to build a pipeline across Jordan to the Red Sea city of Aqaba to deliver more Iraqi crude to Jordan, which is reeling…

Oil Industry Cycles Offer Good Investment Opportunities

Jan 10, 2013 at 17:03 | Robert Rapier

Investing for me is about identifying long-term trends, and then investing in companies whose business I understand, that will benefit from those trends. For more than a decade, my own…

Refiners Pursue More Pipelines amid Big Gains

Jan 10, 2013 at 16:58 | Charles Kennedy

New pipelines may provide new revenue for US refiners, which have seen big gains in 2012 and are now seeking to ride the wave of success. HollyFrontier Corp…

Seismic Shift in Iraq, Seismic Energy Impact

Jan 10, 2013 at 14:16 | Editorial Dept

The struggle for control of Northern Iraq’s oil and gas and a looming Kurdish bid for independence will be the most visible energy-impacting conflict of 2013.  The juniors…

Hunger Strike Puts Spotlight on Canadian Crude

Jan 09, 2013 at 17:11 | Daniel J. Graeber

A U.N. special envoy on the rights of indigenous peoples expressed concern about the ongoing hunger strike of a tribal leader protesting certain natural resource laws in Canada. The Canadian…

Venezuela's Oil Industry is Likely to Benefit from Chavez's Death

Jan 09, 2013 at 17:05 | Matt Smith

With the rapid deterioration in the health of Venezuela’s President Hugo Chavez, it seems a pertinent time to look at why Venezuela and Chavez play such an integral role in…

Oil Industry Unfazed by Shell's Arctic Follies

Jan 08, 2013 at 16:30 | Daniel J. Graeber

U.S.-based supermajor Shell (NYSE:RDS.A) said it was making progress with the tow and recovery of the drill ship Kulluk, which struck ground last week off the coast of Alaska. The…

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