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OPEC Agrees To Schedule Meeting On July 1-2

OPEC Agrees To Schedule Meeting On July 1-2

After weeks of disagreements, conflicting…

Are Oil Markets At A Turning Point?

Are Oil Markets At A Turning Point?

Oil prices rebounded on Tuesday…

Energy

Why Oil Prices Are About to Collapse

Why Oil Prices Are About to Collapse

Jan 12, 2012 at 17:35 | The Oil Drum

All is not as it appears in the global oil markets, which have become entirely dysfunctional and no longer fit for its purpose, in my view. I believe that the…

Nigeria - Protests Rise Against Government's Decision to End Fuel Subsidies

Nigeria - Protests Rise Against Government's Decision to End Fuel Subsidies

Jan 12, 2012 at 17:32 | John Daly

Sometimes it just doesn’t pay to listen to your drinking buddies in the International Monetary Fund, at least if you want social stability in your country. On New…

Is the Oil and Gas Industry Trying to Buy a Keystone XL Decision from Congress?

Is the Oil and Gas Industry Trying to Buy a Keystone XL Decision from Congress?

Jan 12, 2012 at 17:22 | Climate Progress

The House of Representatives under the 112th Congress has been dubbed “the most anti-environmental House in history.” From a refusal to give up on styrofoam in the congressional cafeteria…

Reducing Petroleum Consumption from Transportation

Reducing Petroleum Consumption from Transportation

Jan 12, 2012 at 17:13 | James Hamilton

MIT Professor Christopher Knittel has a new paper on the potential for the United States to reduce petroleum consumption. From the paper's abstract: The United States consumed more…

Saudi Arabia's Rising Domestic Oil Consumption to Threaten Exports?

Saudi Arabia's Rising Domestic Oil Consumption to Threaten Exports?

Jan 11, 2012 at 17:30 | John Daly

Saudi Arabia is currently the world’s leading oil producer, containing approximately one-fifth of the world's proven oil reserves. According to the U.S. Energy Information Agency, Saudi Aramco reported that it…

Peak Oil's Affect on Gasoline Prices in 2012

Peak Oil's Affect on Gasoline Prices in 2012

Jan 11, 2012 at 17:27 | Post Carbon

In recent days there has been much discussion in the press about what might happen to gasoline prices in the coming year. Cognizant of the fact that retail gasoline is…

Russian Energy Minister - Sector Enjoyed Very Successful 2011

Russian Energy Minister - Sector Enjoyed "Very Successful" 2011

Jan 10, 2012 at 17:31 | John Daly

Ivan Sixpack retains more than a passing interest in the Russian Federation’s income from oil and natural gas exports, which together constitute nearly half of all revenues in Russia's budget.

Kurdistan's Huge Oil Reserves Lend Credibility to Iraqi Claims of 115 Billion Barrels

Kurdistan's Huge Oil Reserves Lend Credibility to Iraqi Claims of 115 Billion Barrels

Jan 10, 2012 at 17:10 | The Oil Drum

Whilst much of Iraq may be viewed as in a metastable social and political state, the semi-autonomous northern region of Kurdistan has enjoyed relative peace for a number of years.…

Former Pakistani Water Commissioner Guilty of Treason?

Former Pakistani Water Commissioner Guilty of Treason?

Jan 09, 2012 at 17:45 | John Daly

An ungodly row has erupted in Islamabad over the flight to Canada of Pakistan Commission on Indus Water (PIWC) former chief, Syed Jamaat Ali Shah. Shah’s sin/crime? To…

Natural Gas Giants Forced to GTL Production Following Shale Gas Revolution

Natural Gas Giants Forced to GTL Production Following Shale Gas Revolution

Jan 09, 2012 at 16:50 | Al Fin

Gas to liquids (GTL) is a capital intensive process of converting natural gas to either diesel (FT) or gasoline (MTG). The countries of the world with the largest reserves of…


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