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Texas Deepwater Oil Export Projects Stall

Texas Deepwater Oil Export Projects Stall

Four projects were planned offshore…

Lower Natural Gas Prices Squeeze Big Oil's Profits in Q1 2024

Lower Natural Gas Prices Squeeze Big Oil's Profits in Q1 2024

U.S. supermajors ExxonMobil and Chevron,…

Energy

Will Africa's Resource Curse Continue?

Aug 09, 2012 at 17:17 | Economywatch

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…

As the Planet Reaches its Limits, What Solutions are Available?

Aug 09, 2012 at 17:12 | Gail Tverberg

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…

Cultural Problems which Prevent Progress in the Fracking Debate

Aug 07, 2012 at 16:59 | Breakthrough Institute

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…

U.S. Midwest hit by Perfect Gasoline Storm

Aug 06, 2012 at 17:24 | Daniel J. Graeber

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…

The Other Side of the Sanctions

Aug 06, 2012 at 17:18 | Felix Imonti

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…

The Reason Behind China's Interest in Canada's Oil Sands

Aug 06, 2012 at 17:04 | Robert Rapier

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…

Using Microbes to Vastly Increase Recovery from Old Oil Wells

Aug 06, 2012 at 17:00 | Brian Westenhaus

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…

Weekly World Energy News Update - 4th August 2012

Aug 04, 2012 at 19:26 | Editorial Dept

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 Companies Still Hiding the True Risks of Deepwater Drilling from Investors

Aug 03, 2012 at 18:38 | Environmental Finance

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…

India's Future in the Dark Following the Latest Blackouts

Aug 03, 2012 at 18:28 | Energy Digital

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,…

Tax Breaks - Big Oil Makes Massive Profits whilst the Federal Budget Struggles

Aug 03, 2012 at 18:26 | Climate Progress

Second-Quarter Earnings Race Ahead, Boosted by Tax BreaksMiddle-class families may…

Kurds Hold the Aces in Iraqi Oil Sector

Aug 02, 2012 at 14:54 | Daniel J. Graeber

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…

Sudanese Government Backtrack on Decision to Increase Electricity Rates by 150%

Aug 02, 2012 at 14:46 | John Daly

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…

Investing Lessons in One of the World's Most Volatile Sectors

Aug 02, 2012 at 14:33 | Keith Schaefer

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…

Can the Big Shift in Energy bring a Return of Industrial Demand?

Aug 02, 2012 at 14:17 | Gary Hunt

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…

Iran will Look to Refine its Crude Domestically, Rather than Export it

Aug 02, 2012 at 14:08 | Energy Digital

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…

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…

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