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Energy

Did Libya's Oil Bubble Burst Already?

Did Libya's Oil Bubble Burst Already?

Mar 28, 2012 at 18:32 | Daniel J. Graeber

Libyan crude oil production has witnessed a notable uptick since major combat operations ended last year. In mid-2011, at the height of the international conflict, it looked as if the…

How to Save the US Natural Gas Sector

How to Save the US Natural Gas Sector

Mar 28, 2012 at 18:26 | Gail Tverberg

US natural gas prices are at record lows–about where they were in 1976, and at the low points in the 1990s, in today’s dollars (Figure 1).

New Oil Sands Pipeline is More Carbon Friendly than Shipping

New Oil Sands Pipeline is More Carbon Friendly than Shipping

Mar 28, 2012 at 18:14 | Brian Westenhaus

It didn’t take long for the oil industry to go to Plan B to get the massive new supplies of Bakken Formation oil in North Dakota and the Canadian…

Kenya Strikes Oil: New Regional Potential and Security Concerns

Kenya Strikes Oil: New Regional Potential and Security Concerns

Mar 27, 2012 at 18:04 | Jen Alic

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…

Oil Production in the 21st Century and Peak Oil

Oil Production in the 21st Century and Peak Oil

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…

Geopolitics Informs Gaza's Energy Crisis

Geopolitics Informs Gaza's Energy Crisis

Mar 26, 2012 at 17:28 | Jen Alic

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…

Why Saudi and US Attempts to Influence Oil Prices are Ineffective

Why Saudi and US Attempts to Influence Oil Prices are Ineffective

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…

Patience Needed in Post-Fukushima Japan

Patience Needed in Post-Fukushima Japan

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…

Cameroon, West Africa's Latest Oil Battleground

Cameroon, West Africa's Latest Oil Battleground

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…

Several Reasons Why Gasoline Prices are so High

Several Reasons Why Gasoline Prices are so High

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…

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