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New Audit Shows Higher Aramco Oil Reserves

New Audit Shows Higher Aramco Oil Reserves

A new independent audit of…

Crude Oil Inventory Draw Fails To Move Market

Crude Oil Inventory Draw Fails To Move Market

Crude oil prices didn’t move…

Energy

Oxford Study Sparks New Round of Peak Oil Debate

Oxford Study Sparks New Round of "Peak Oil" Debate

Mar 24, 2010 at 16:38 | Darrell Delamaide

The debate about “peak oil” flared up again following a new report from Oxford University claiming that conventional oil reserves are inflated by a third and that added reserves from…

Politics and Peak Energy - Have we Reached the Tipping Point?

Politics and Peak Energy - Have we Reached the Tipping Point?

Mar 22, 2010 at 23:36 | John Howe

Economic success, growth, and an affluent (happy) consumer lifestyle directly depend on an abundance of inexpensive energy. Conversely, the quantity and type of energy consumed can have a very adverse…

As Natural Gas Prices Languish the Gulf of Mexico Executes a Successful Oil and Gas Lease Sale

As Natural Gas Prices Languish the Gulf of Mexico Executes a Successful Oil and Gas Lease Sale

Mar 22, 2010 at 19:30 | Dave Forest

The Central Gulf of Mexico Oil and Gas Lease Sale 213 attracted 642 bids from 77 companies on 468 lease tracts. Most impressive was what these companies paid. High bids…

The U.S. No Longer Controls the Price of Oil in a Peak Oil World

The U.S. No Longer Controls the Price of Oil in a Peak Oil World

Mar 20, 2010 at 16:01 | Business Insider

Back in the days when US oil demand controlled the price of oil, a massive recession in the United States would have sent oil to 12.00 dollars a barrel. That…

Oil Sands Potential for Energy Security

Oil Sands Potential for Energy Security

Mar 19, 2010 at 19:14 | W.Jack Ford

The increasing use in the United States of gasoline, jet fuel and other petroleum products made from Canada’s oil sands has aroused opposition from Canadian and U. S. environmentalists equal…

Happy 50th Anniversary Year OPEC

Happy 50th Anniversary Year OPEC

Mar 18, 2010 at 16:04 | Ferdinand E. Banks

On September 14, 1960 OPEC began operations as an ad-hoc talk-shop of sorts, and five years later became a permanent part of Vienna’s international bureaucracy.  I have decided to send…

Where will Natural Gas Prices Go Now That Inventories Have Been Drawn Down

Where will Natural Gas Prices Go Now That Inventories Have Been Drawn Down

Mar 18, 2010 at 06:02 | Dave Forest

Mother Nature's been good to the North American natural gas sector. Not only did she gift several massive shale gas plays over the last few years. She also…

Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 2)

Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 2)

Mar 17, 2010 at 15:11 | Dennis Edison

As T. Boone Pickens is touting, we could replace one-third of our dependence on oil within just a few years with natural gas if we would simply embrace the alternative.…

Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 1)

Debunking the Myth of Peak Oil - Why the Age of Cheap Oil is Far From Over (Part 1)

Mar 17, 2010 at 15:06 | Dennis Edison

If I may, I would like to rebut or add a little objectivity to the flood of “Peak Oil” articles circulating around. When I see another crisis looming in the…

Crude Prices Stagnate Amid Doubts About Global Demand

Crude Prices Stagnate Amid Doubts About Global Demand

Mar 12, 2010 at 23:40 | Darrell Delamaide

Oil Market Summary 03/08/2010 to 03/12/2010. Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the…

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