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Energy

Carbon Emissions Could Cost $8 Trillion Over the Next 20 Years

Feb 21, 2011 at 08:40 | Graham Cooper

The economic cost of carbon emissions over the next 20 years could amount to $8 trillion, according to a study by investment consultants Mercer. This is what will happen if…

Realignment in Oil Pricing Could Dramatically Effect Energy Stocks

Feb 21, 2011 at 08:32 | Business Insider

The historic disconnect between West Texas Intermediate, the global oil benchmark traded at the Chicago Mercantile Exchange(CME), and Brent crude oil, the relative "upstart" traded at the IntercontinentalExchange(ICE), is more,…

Can Zero Point Energy Gain Credibility?

Feb 21, 2011 at 08:26 | Brian Westenhaus

There is a lot of activity in Zero Point Energy around the world.  In the U.S. it remains an oddball or unscientific field.  In other places the science is taken…

Egypt’s Declining Oil Fields Lead to Growing Reliance on Natural Gas

Feb 18, 2011 at 09:02 | The Oil Drum

Current events in Egypt and throughout the Arab world have captivated world attention and with good reason — in 2009, Arab nations exported approximately 17 million barrels of oil and…

A Look at Oil Shale

Feb 18, 2011 at 08:41 | Andy Soos

Oil shale, which is an organic-rich fine-grained sedimentary rock, contains significant amounts of kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons can be extracted. Kerogen requires…

Peak Oil is Not a Future Event – Saudi Arabia’s Overstated Reserves Help Prove This

Feb 18, 2011 at 08:35 | Business Insider

A lot of noise is being made about Wikileaks info that says the US thinks the Saudi’s are overstating their Proven Reserves by about 40%. This isn’t news.  It has…

Is shale Oil the Answer to Peak Oil?

Feb 17, 2011 at 08:11 | Gail Tverberg

Readers have been asking questions about a couple of shale oil articles recently. One is an AP article called New drilling method opens vast oil fields in US. A…

Synthetic Petrol Causing Ecological Concerns in Iran

Feb 17, 2011 at 08:02 | IWPR

Tehran says it is becoming self-sufficient in petrol, in the hope of warding off the pain of further economic sanctions. But the effort has many detractors inside Iran, who say…

Environmentalists Damaging US Economy and Job Growth

Feb 17, 2011 at 07:43 | Business Insider

If President Obama is serious about smoothing the path for U.S. businesses, he should take up reading the newspaper. Not a day goes by that he wouldn’t find opportunities aplenty…

Was Last Week Really a Game Changer for the Oil Industry?

Feb 16, 2011 at 10:04 | Kurt Cobb

This past week was supposedly the week of the game changer in the world of oil. Leaked U.S. diplomatic cables from Saudi Arabia called into question the ability of the…

Stand Up to NIMBY - and Create Jobs

Feb 15, 2011 at 08:23 | Llewellyn King

In Britain, they call it “DADA.” It means Decide. Announce. Defend. Abandon. In America we call it “NIMBY” — “not in my back yard.” It applies to all kinds of…

Gas Prices Hit Record Levels for February

Feb 15, 2011 at 08:02 | Business Insider

U.S. gasoline prices have jumped to the highest levels ever for the middle of February. The national average hit $3.127 per gallon on Friday, about 50 cents above a year…

A Very Unfriendly Note on Electric Deregulation

Feb 15, 2011 at 07:59 | Ferdinand E. Banks

Some years ago I was engaged in a half-serious one-man crusade to stop electric deregulation in Sweden. As with most one-man or one-woman crusades, it was doomed to failure; but…

The Yamal-Europe Natural Gas Pipeline

Feb 14, 2011 at 07:35 | Global Intelligence Report

The 33 billion cubic meters per year (bcm/y) that Europe receives via the Yamal–Europe Pipeline is slightly over 27% of its total natural gas imports from Russia. Of that total,…

Peak Oil: Low Quality is What is Killing Us, Not Low Quantity

Feb 14, 2011 at 07:20 | Gail Tverberg

The Peak Oil argument focuses on the question “How much oil?” We spend a lot of time discussing the exact inputs for Hubbert Linearization and projections of Ultimate Recoverable Reserves,…

Oil Production Rising Once Again in North America

Feb 14, 2011 at 07:15 | Al Fin

"Peak oil in North America is likely not to be peak" given $90 per barrel prices and new technology that makes it easier to recover oil, he [Peter Tertzakian] said.…

Tullow Oil Makes New Discovery off Ghana

Feb 11, 2011 at 11:52 | Stockopedia

Tullow Oil (LON:TLW) , the FTSE 100 oil and gas giant has made a new hydrocarbon discovery with the first well on its 2011 multi-well exploration campaign in the West…

Large Oil tanker Seized by Somali Pirates – Military Action Not Far Off

Feb 11, 2011 at 10:37 | Bruce Krasting

The Somalian pirates seized another big ship the other day. This time it was a large oil tanker. I spoke with a friend who owns ships and lives in Athens…

Study to Look Into the Polluting Effect of Fracking

Feb 11, 2011 at 07:48 | Andy Soos

Congress commissioned the Environmental Protection Agency to study hydraulic fracturing, or "fracking", after complaints that the process pollutes water. The EPA is slated to make public initial results of the…

Shale Gas Revolution is Changing the Politics of Energy

Feb 10, 2011 at 08:04 | Business Insider

The natural gas cartel, a dream of Russia’s just a few years ago, is dead. It died when a natural gas revolution broke out and Gazprom lost.  Energy importing nations…

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