ExxonMobil continues to expect that…
Four projects were planned offshore…
U.S. supermajors ExxonMobil and Chevron,…
Resources should be a blessing, not a curse; yet contrary to common sense, resource-rich countries in Africa have tended to experience less economic growth in the long run than those…
We live in a finite world. At this point, we seem to be reaching limits in several different areas:Cheap oil. Our economy runs on cheap oil, but there…
Suppose I told you there was a form of energy so plentiful it could encourage huge economic growth, a source so plentiful here in the United States that it could…
Retail gasoline prices in the U.S. Midwest were as much as 50 cents higher than in the rest of the country. By Monday, the price of a gallon of regular…
Iran has been pushed into a corner and is fighting for its life. The safest weapon in its arsenal is an economic strategy; and it is the one point where…
Over the past two decades, Chinese oil consumption has quadrupled to nearly 10 million barrels per day. For the past decade they have been on a growth trajectory which has…
The best source of oil would be to increase oil recovery from the existing reservoirs already in production. That oil is the easy stuff as pundits like to say, because…
This week was a busy one for US energy policy, and renewable energy tax credits were the focus of legislative battles and Obama-Romney campaign rhetoric. Republicans in the Senate dealt…
Oil and gas companies are doing a terrible job of disclosing climate and deepwater drilling risks, even in light of the tragic Gulf of Mexico oil spill, according to a…
Electric power was restored across northern India on Wednesday after an electric grid failure on July 30 and 31 resulted in the world's largest blackout. More than 600 million people,…
Second-Quarter Earnings Race Ahead, Boosted by Tax BreaksMiddle-class families may…
The Kurdish government in Iraq announced Wednesday it would resume oil exports from the region later this week. Erbil had shut down exports in April, blaming the central government in…
Gee, sometimes a head of state wanted by the International Criminal Court on two warrants for his arrest just can’t get a break.Sudan’s government is described by…
One of the biggest questions energy investors face is how to trade volatility. For example, in a flat to down energy market, professionals often say trading volatility is…
Outsourcing has become a dirty word in the 2012 election, in part, because over the last decade the US lost more than 5 million jobs to offshore emerging markets. While…
President Mahmoud Ahmadinejad says Iran should focus now on oil products in light of tightening sanctions Iranian President Mahmoud Ahmadinejad said Iran should stop exporting crude oil and focus on…
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…
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…
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.
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…