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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy

The Chevy Volt was Doomed to Fail from the Start

Mar 07, 2012 at 17:36 | Gary Hunt

The news out of Detroit had all the feel of a wake.  GM announced that it was suspending production of the Chevy Volt idling its Hamtramck factory…

Pilot Lights, What a Waste of Energy!

Mar 07, 2012 at 17:33 | Tom Murphy

My personal journey into home energy reduction began with taking stock of past energy use as reported on my utility bills. I quickly migrated toward reading the meters directly to…

Zimbabwe's Ongoing Energy Nightmare

Mar 06, 2012 at 17:38 | John Daly

In the 32 years of his benighted rule, Zimbabwe’s President Robert Gabriel Mugabe has done more damage to the country than its white-led minority government ever did. With the exception…

Nigerian Energy Sector Next Big Market Concern

Mar 06, 2012 at 17:33 | Daniel J. Graeber

Nigeria's main rebel group announced recently that it killed four police officers and was considering taking on more hostages in a renewed offensive. With the U.S. State Department issuing a…

Why Europe is Experiencing Higher Oil Prices than the US

Mar 06, 2012 at 17:29 | Gail Tverberg

The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.

Factors that could make $5 a Gallon Gas the Norm

Mar 06, 2012 at 10:57 | Dave Summers

It is hard to miss the recent rise in gasoline (gas) prices in the United States, and the rumblings that it has generated in the national press. It is a…

Saudi Arabia and Iran Spar Over Pipeline Attack Claims

Mar 05, 2012 at 18:06 | John Daly

On 1 March, Iran’s state-owned Press TV carried a sensational story of “an explosion in Saudi Arabian city of Awamiyah in the east of the kingdom which destroyed the pipelines…

Are Oil Wells Recharging Themselves?

Mar 05, 2012 at 17:51 | Al Fin

There have been numerous reports in recent times, of oil and gas fields not running out at the expected time, but instead showing a higher content of hydrocarbons after they…

Look for China to Take Lead in Shale Gas

Mar 04, 2012 at 14:55 | Daniel J. Graeber

There might be enough shale gas reserves in China to keep the country's energy needs quenched for the next 200 years, the natural resources ministry said. While Beijing said it…

Reasons Why Gasoline Prices are so High

Mar 04, 2012 at 11:06 | Post Carbon

Here in northern California gasoline is now retailing for $4.20 a gallon. Prices haven’t been this high since mid-2008. Forecasts for $5 per gallon gas in the US this summer…

Is Bill Clinton in Hillary's Doghouse Over his Keystone XL Remarks?

Mar 04, 2012 at 10:55 | Gary Hunt

Every husband has been there.  It is not a good place to be. But when you are the former President of the United States and your wife is the current…

Natural Gas Analysis for the Week of March 5, 2012

Mar 04, 2012 at 10:50 | FX Empire

There is not much to say about Natural Gas from a technical perspective. The weekly chart says everything. The main trend will change to up on the weekly chart when…

Crude Oil Analysis for the Week of March 5, 2012

Mar 04, 2012 at 09:06 | FX Empire

Weekly April crude oil posted a potentially bearish closing price reversal top last week. This formation typically leads to a 2 to 3 week break equal to at least 50…

The Global Shipping Industry's Most Profitable Sector: LNG Shipping

Mar 03, 2012 at 09:19 | Keith Schaefer

Record demand for liquefied natural gas (LNG) has created a huge new global industry for the vessels that carry the fuel. And that has created huge profits for the biggest…

Hunger Strike Planned Against Alberta Crude

Mar 01, 2012 at 17:50 | Daniel J. Graeber

Students and staff at an elementary school near the western coast of Canada announced plans to wage a hunger strike to raise awareness about plans for an oil pipeline from…

Bill O'Reilly's Confused Approach to Solving High Gas Prices

Mar 01, 2012 at 17:45 | Robert Rapier

Last week I was interviewed by Alan Colmes from Fox News Radio on the topic of gas prices. During the interview, he mentioned an idea that Bill O'Reilly has…

Cote d'Ivoire Look to Join the Oil Rich Neighborhood in West Africa

Mar 01, 2012 at 17:33 | John Daly

Cote d'Ivoire (“Ivory Coast” in English), is the world's largest producer and exporter of cocoa beans. What will the nation do with its newly discovered oil riches? Astronomers spend their…

GOP Should Claim Victory on Keystone XL

Feb 29, 2012 at 17:52 | Daniel J. Graeber

Canadian pipeline company TransCanada announced it was building a stand-alone section of the controversial Keystone XL oil pipeline to the southern coast of Texas. This in part addresses one of…

Thailand Moves Into Burma's Energy Market

Feb 29, 2012 at 17:48 | John Daly

Just when it seems that China has bought every energy asset on the planet, along comes Thailand’s PTT Exploration and Production Plc (PTTEP) to contest Beijing’s presence in one of…

Some Valuable Remarks About Oil and Speculation

Feb 29, 2012 at 17:32 | Ferdinand E. Banks

Several nights ago I participated in a debate (arranged by Russia Today TV – 24-7 –  CrossTalk, and transmitted internationally in English) in which I pointed out – on several…

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