Energy

Mar 27, 2012 at 18:04 | Charles Kennedy

Kenya has announced its first oil discovery and is already discussing plans for the drilling of four exploratory wells this year in a development that portends a new future for…

Mar 27, 2012 at 18:00 | The Oil Drum

The Deepwater Horizon incident demonstrated that most of the oil left is deep offshore or in other locations difficult to reach. Moreover, to obtain the oil remaining in currently producing…

Mar 26, 2012 at 17:28 | Charles Kennedy

The acute energy crisis that has consumed Gaza is a symptom of realities that have forced Hamas to recalculate its alliances after hedging its bets that a post-Mubarak Egypt would…

Mar 26, 2012 at 17:25 | Kurt Cobb

If you have the power and the desire to bring down oil prices, the best way to proceed is to start bringing them down. The easiest and fastest method would…

Mar 26, 2012 at 17:20 | Daniel J. Graeber

One year after the 9-magnitude earthquake and subsequent tsunami, Japan may still face a nuclear energy crisis. The country was already forced to take on more fossil fuels to offset…

Mar 25, 2012 at 10:38 | John Daly

Sometimes it’s the obscure items about news reports that catch one’s eye. On 17 March a senior official of the Cameroon’s state-run National Hydrocarbons Corporation (SNH) told China’s Xinhua…

Mar 25, 2012 at 10:31 | Brian Westenhaus

When President Obama took office, regular gasoline cost $1.85 a gallon. Now its hit $4.00 per gallon in many cities, and some analysts predict it could reach $5.00 or more…

Mar 25, 2012 at 10:15 | FX Empire

After failing to pierce the previous week’s low at $104.29, May Crude Oil made a low at $104.50 and proceeded to rally sharply higher. The market still closed lower for…

Mar 22, 2012 at 18:44 | Charles Kennedy

Pakistan may be seem to be getting political about the Iran-Pakistan (IP) Pipeline, which the US is working hard, if not deviously, to thwart, but the truth of the matter…

Mar 22, 2012 at 18:36 | John Daly

The Russian Federation’s development of a free market, capitalist economy since the unexpected collapse of the Soviet Union in December 1991 can most charitably be described as ‘fitful.” While…

Mar 22, 2012 at 18:30 | Juan Cole

President Barack Obama campaigned on energy issues on Wednesday, visiting a handful of oil wellheads on Federal land in New Mexico and a solar installation in Boulder City, Nevada.…

Mar 22, 2012 at 18:23 | Daniel J. Graeber

U.S. President Barack Obama visited a plant in Cushing, Okla., that is slated to build the southern domestic leg of the longer Keystone XL oil pipeline. The project has become…

Mar 22, 2012 at 18:19 | Post Carbon

There is a lot of talk recently that "tight oil" as found in North Dakota's Bakken and other shales in the Southwest will save America from stagnant global oil production…

Mar 21, 2012 at 17:47 | Daniel J. Graeber

Those taking part in a survey published this month found so-called Millennials are less concerned about the environment than previous generations. To a certain degree, so-called flower-power during the 1960s…

Mar 21, 2012 at 17:41 | Stuart Burns

After initial outrage, bluster and bravado, Iran appears to have come to terms with impending Western sanctions on the country’s oil and financial sector, to the point of saying they…

Mar 21, 2012 at 13:53 | John Daly

Australia’s carbon tax of $23 a ton, due to be implemented beginning on 1 July, has been deeply unpopular with Australian industrialists since it was first proposed, who argue that…

Mar 20, 2012 at 18:10 | Charles Kennedy

Gulf of Guinea piracy is set to become the next major concern for oil shipments as attacks, particularly on oil tankers, are on the rise, along with insurance premiums for…

Mar 20, 2012 at 17:59 | Daniel J. Graeber

Tehran this week said that if its "positive diplomacy" wasn't reciprocated by the Kuwaiti government, it would work to develop its section of a shared oil field alone. Tehran, OPEC's…

Mar 20, 2012 at 17:55 | MasterResource

“With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices,” President Barack Obama said in his weekly address March 10. “Not when…

Mar 20, 2012 at 17:35 | Post Carbon

If current population trends continue . . .   • The population of the United States will increase to over 600 million by 2080, and in 2150 it will equal China’s…