WTI crude found resistance at…
Four projects were planned offshore…
University of Michigan engineers have…
Is $4 Gas in the Next few Months a Foregone Conclusion For years there has been a large supply of crude floating on big oil tankers. A significant portion of…
Despite their ever-sour relations and the recent short war they fought over the breakaway region of South Ossetia, Georgia is planning to have the majority Russian shareholder in its state-owned…
I have a special emotional relationship with Telemaco Signorini's painting "The Riverbank." The area shown in the panting has changed very little from the time when the painting was made…
We have all heard at least a partial explanation as to why West Texas Intermediate (WTI) and Brent prices are so far apart. We have been told that the Midwest…
Earth's climate is driven by ongoing cycles on many levels. When natural resonant cycles overlap -- at whatever level -- they can contribute to a chaotic pattern.
An Ecuadorian court has a slim chance of enforcing an $8.6 billion pollution fine against Chevron, according to one lawyer, and investors seem unconcerned with the development. On Monday, a…
It has been a long wait for “peak oilers,” whose passionate belief is that the world will run out of oil in coming years, sending prices through the roof. This…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…