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Israel's Gas Exports to Egypt Soar Despite Political Tensions

Israel's Gas Exports to Egypt Soar Despite Political Tensions

Despite political tensions, Egypt's natural…

Saudi Arabia’s Non-Oil Revenue Hits 50% Of GDP

Saudi Arabia’s Non-Oil Revenue Hits 50% Of GDP

Saudi Arabia’s Ministry of Economy…

Energy

Shale Gas in Europe: Poland and Ukraine as Pioneers

Mar 18, 2012 at 09:13 | Ronald Stoeferle

The biggest and most promising European shale gas deposits are located in Poland. The EIA estimates that the Polish shale gas reserves cover more than 300 years of domestic consumption.…

An Eulogy for the Industrial Revolution's Power Source

Mar 16, 2012 at 17:59 | John Daly

The capitalist world has little time for nostalgia, as its primary mission is making money, but a recent pronouncement out of Britain is sounding the incipient death knell for a…

Power Struggles at the Persian Gulf - is Another Gulf War Imminent?

Mar 16, 2012 at 17:58 | Ronald Stoeferle

Iran is currently the fifth-largest oil producer in the world, the second-largest producer in the OPEC, and the third-largest oil exporter worldwide. Of the total production of almost 3.5mn barrels/day,…

Contentious Bulgarian Pipeline Dead, Moscow Less Than Pleased

Mar 15, 2012 at 18:29 | John Daly

Well, it’s official. The Burgas-Alexandroupolis oil pipeline, intended to provide a Thracian bypass for Russian oil to avoid the increasingly congested Turkish Straits tanker traffic, is officially dead. Says who?…

Are Americans Becoming Inured to High Gas Prices

Mar 15, 2012 at 18:21 | Post Carbon

With the EU's debt crisis and the Iranian confrontation relatively quiescent, attention has turned to the incessant increase in U.S. gasoline prices. The Capitol Hill gas station, where at least…

Breakthrough in Fracking Wastewater Cleanup?

Mar 15, 2012 at 18:18 | TCCEA

A fortuitous laboratory accident could lead to a solution to one of the biggest problems associated with natural gas fracking. The prolific yet highly controversial practice of hydraulic fracturing involves…

How to Slash Domestic Gas Consumption by a Factor of Five

Mar 15, 2012 at 18:10 | Tom Murphy

If you are on-board with the sentiment that we should strive to reduce the amount of energy we consume as a means to relieve pressure on a world suffering impending…

FERC: Washington's Reluctant Hero

Mar 15, 2012 at 17:43 | Gary Hunt

The Federal Energy Regulatory Commission is trying to avoid being drawn into the political battle over the regulatory agenda being pursued by the US EPA against fossil fuel emissions…

What's at Stake with Iranian Sanctions?

Mar 14, 2012 at 17:47 | Daniel J. Graeber

Officials from New Delhi are due back from their recent trade visit to Iran with high hopes of an expanded economic relationship. India, together with Japan and China, buy about…

Taiwan Looks to Russia to Secure Energy Imports and Independence from China

Mar 14, 2012 at 17:44 | John Daly

A number of nations live in a diplomatic “twilight zone,” largely bereft of global diplomatic recognition. These include the Turkish Republic of Northern Cyprus, whose unilateral declaration of independence in…

The Global Economy is Now More Vulnerable to Oil Prices than Ever

Mar 14, 2012 at 17:36 | The Oil Drum

This paper examines the impact of oil price changes on global economic growth. Unlike some recent studies, this paper finds that oil price rises have had significant negative impacts on…

A Case for a European FracFocus

Mar 14, 2012 at 17:30 | Daniel J. Graeber

Exxon Mobil's chief executive called for disclosure of so-called fracking fluid during the IHS CERA energy conference last week in Houston. Fracking has become a hot-button issue in the United…

Yemen's Unrest's Larger Implications

Mar 14, 2012 at 17:27 | John Daly

Yemen, beloved of the Travel Channel, is the largely unknown corner of the southwestern Arabia peninsula. Its oil production is modest compared to its giant northern neighbor, Saudi Arabia, but…

A Golden Future for Natural Gas in the US

Mar 14, 2012 at 17:23 | Ronald Stoeferle

The combination of still sharply rising US production, a mild winter in the US, and high inventories caused the Henry Hub price to fall to its lowest level since 2002.…

Egyptian-Israeli Natural Gas Contract Casualty of Arab Spring?

Mar 13, 2012 at 18:34 | John Daly

As last year’s Arab spring has slowly roiled eastwards from Tunisia to the eastern Mediterranean, the two most concerned governments are the U.S. and Israel, that are watching their carefully…

A Look at World Energy Consumption Over the Last 200 Years

Mar 13, 2012 at 18:31 | Gail Tverberg

Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last…

Misinformation, Conspiracy Theories, and the Oil Market

Mar 13, 2012 at 18:13 | Robert Rapier

It is clear that many people have a very simplistic — but wrong — view of the energy markets. This extends to politicians who believe they can usher in a…

Support for Natural Gas Vehicles Grows

Mar 13, 2012 at 17:57 | Stuart Burns

An FT article last week lauded the intent of General Electric and Chesapeake Energy to form an alliance to promote the use of natural gas as a fuel for…

Crisis in Libya Shows the Effects of Production Downtimes

Mar 13, 2012 at 17:55 | Ronald Stoeferle

The spill-over of the political revolutions from the neighbouring countries to Libya and the resulting civil war have highlighted the threat caused by production downtimes in politically unstable countries. Although…

An Austrian School Of Economics Perspective

Mar 13, 2012 at 14:04 | Ronald Stoeferle

The Austrian School provides a new angle on the development of the oil price. We already discussed the oil price development from the perspective of the Austrian School of Economics…

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