Diesel fuel production has ramped…
A new study reveals that…
Despite global commitments to clean…
According to the U.S. Energy Administration, two months ago the United States total crude oil imports averaged 9,033 thousand barrels per day (tbpd), with the top five exporting countries being…
Since the beginning of the 20th century energy has been a critical factor for armed forces worldwide. From the end of the Cold War to the first years of the…
Anyone of a betting nature may take a look at the forward swaps market on natural gas and think the small premium asked for forward-dated gas prices do not reflect…
Sometime in the next 12 months, an energy IPO offering in distant Mongolia already has foreign investors salivating. The darling of the international energy community is coal company Erdenes-Tavan Tolgoi…
Natural gas futures fluctuated between small gains and losses on Tuesday, but remained close to a ten-month high as warmer-than-normal temperatures across much of the U.S. next week boosted demand…
Shell recently announced that their Prelude floating LNG project off northwest Western Australia has passed another milestone, with the $US12.6 billion ($11.8bn) project receiving final investment approval. Prelude…
The development of oil in Texas produced, in its time, the four richest men in the world (H.L. Hunt, Sid Richardson, Roy Cullen and Clint Murchison) and the single richest…
Twentieth-century American military history has two iconic dates - 7 December 1941, the attack on Pearl Harbor and 6 June 1944, D-Day, when the liberation of Europe began. The subsequent…
The implosion of the USSR suddenly opened up the former Soviet Union’s energy assets to western investment. Of these, the most important was the Caspian basin, whose 143,244 square miles…
Afghanistan is developing a modest oil industry, with some wells already on stream and others expected to start producing later this year. Some experts worry that neighbouring states will grow…
The world’s unceasing quest for new oil deposits has combined with offshore technology to impel many countries to investigate their offshore resources in their “exclusive economic zone,” (EEZ) defined by…
Hydraulic Fracturing, known as "frac'ing" in the industry, has made another unwelcome appearance in the media, in which the process is termed "fracking", where it is reported that the…
I don’t expect that there will be many tsunamis in Germany over the next century, nor, apart from the occasional man-made earthquakes that can come from potash mining, do I…
Our markets seem very sensitive to the price of oil... to the extent that I read articles about how high oil prices are keeping the economy down. That begs the…
The Obama Administration has been implementing an anti-energy agenda since coming to Washington. From day one, Obama and his “dream ‘green’ team” have worked to increase the cost of traditional…
Over the past 50 years, when oil prices moved up sharply, causing inflation, or remained high with annual average price around $100, recession has followed in many OECD countries (see…
Accidents and natural disasters have long histories; therefore it may seem peculiar at first to think that these could now suddenly become significant factors in choking off economic growth. However,…
Last week, Vice President Joe Biden vowed that the country will lead the global clean energy revolution by harnessing its citizens' entrepreneurial spirit and innovative capacity. Speaking at the National…
Crude oil futures extended gains on Tuesday, rallying to a fresh three-week high as a combination of a broadly weaker U.S. dollar, renewed worries over unrest in the Middle East…
Remember all this? America is running out of natural gas. Prices will soar, making imported liquefied natural gas (LNG) and T. Boone Pickens’ wind farm plan practical, affordable and inevitable.…