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OPEC's Cautious and Calculated Strategy

OPEC's Cautious and Calculated Strategy

OPEC's decision on Sunday to…

Say Goodbye to Utility Stock Dividends

Say Goodbye to Utility Stock Dividends

The U.S. electric utility sector…

Energy

A Possible Solution to Sudden Oil Price Spikes

Apr 19, 2011 at 08:24 | Robert Rapier

One of my recent essays discussed the relationship between high oil prices and recession. Consumers who suddenly find themselves paying more for fuel are hit with the equivalent of…

Differences in the Price of Oil: Brent-WTI Spread

Apr 19, 2011 at 07:51 | James Hamilton

The puzzling differential between the price of oil in different markets seems to be persisting. For most of the last decade, there was very little difference between the price of…

Saudi Arabia Has Not Made up for the Drop in Libyan Oil Production

Apr 18, 2011 at 10:41 | The Oil Drum

The OPEC Monthly Oil Market Report and IEA Oil Market Report both came out on Tuesday last week and allowed us to see how events in the Middle…

The Global Prospects for Shale Gas

Apr 18, 2011 at 09:26 | Dave Summers

I thought it worthwhile spending a post looking at the global prospects for gas shale. I am indebted to Art Berman for first bringing some of the problems to…

Gasoline Prices and the Oil Supply Problem

Apr 15, 2011 at 09:09 | Dave Summers

I paid $50 to fill my tank at a gas station in Maine this morning, at a cost of almost $4 a gallon. When the Actress muttered some comment of…

Israel May Hold the World’s Third Largest Reserve of Shale Oil

Apr 15, 2011 at 09:02 | David Caploe PhD

Last summer huge deposits of natural gas were found along Israel's northern coastline. As with almost everything having to do with that controversial country, both Israelis and others found this…

Is Natural Gas About to Make a Comeback

Apr 14, 2011 at 17:57 | Mad Hedge Fund Trader

Today’s surprise release of figures showing a shocking draw down in natural gas supplies throws a great spotlight on what has undoubtedly been the red headed step child of the…

Saudi Arabia Oil Exports to Decrease Due to Increased Domastic Demand

Apr 14, 2011 at 08:55 | The Oil Drum

Oil importing nations have long treated Saudi Arabia as an infinitely deep well of crude oil supplies. In 2005, Matt Simmon’s book Twilight in the Desert did much to call…

Expect Wide Swings in Oil Prices and Increasing Volatility

Apr 14, 2011 at 08:16 | Charles Hugh Smith

The reasons for oil to keep rising are well known--perhaps too well known. Let's look at some charts to illustrate the swirling currents in the global oil market. Why do…

Oil Production Figures in Areas of Unrest (Middle East & North Africa)

Apr 14, 2011 at 08:06 | Dave Summers

The popular protests among the countries of the Middle East and North Africa (MENA) are continuing to roil, and so, rather than the review of the countries that I have…

A Look at Shell’s Future Energy Predictions

Apr 13, 2011 at 09:38 | Dave Summers

I have recently reviewed the predictions made by BP and ExxonMobil as they relate to energy supply and demand in the years to 2030. Shell has just

Nuclear Fusion: Is it the Answer to the Impending Crisis in Energy and Resources

Apr 13, 2011 at 09:34 | Professor Chris Rhodes

I attended a fascinating event last night - a Cafe' Scientifique meeting held in the town of Reading in South East England. Last month it was me in the bear-pit,…

Putin Turns His Back on BP as Rosneft Deal Turns Sour

Apr 13, 2011 at 09:12 | David Caploe PhD

BP’s investment with Russia's national oil company, Rosneft, was announced in January, it was generally seen as a coup, giving BP access to exploration licenses in one of the world’s…

Are High Oil Prices Due to Fundamentals or Speculation - Part 2

Apr 13, 2011 at 09:08 | Stuart Burns

Not all commentators are convinced the speed of oil price rises or the heights to which they have risen are purely down to fundamentals. Since 2003 the value of the…

Oil Price and the Strategic Petroleum Reserve

Apr 12, 2011 at 08:35 | Dian L. Chu

At a press conference on March 11, President Obama indicated that a plan was 'teed up', and that he would move quickly to tap the Strategic Petroleum Reserve (SPR), if…

The Vicious Circle of Oil Price Induced Recessions

Apr 12, 2011 at 08:18 | Robert Rapier

Former Secretary of Labor Robert Reich recently warned that the U.S. is likely headed back into recession: The Economic Truth That Nobody Will Admit: We’re Heading Back Toward a…

Are High Oil Prices Due to Fundamentals or Speculation (Part 1)

Apr 12, 2011 at 08:15 | Stuart Burns

The oil price has been relentlessly rising, widely seen as being driven by a mix of fundamentals such as Asian demand exceeding supply, and fear of supply disruption caused in…

How Natural Gas is Changing the world of Energy and Politics

Apr 11, 2011 at 09:12 | David Caploe PhD

As the world watches in horror as the Fukushima disaster continues to unfold, it forces a new look at an on-going global revolution in perhaps the least environmentally destructive fossil…

Bug That Produces Methane Gas in Landfills Has Been Found

Apr 11, 2011 at 08:09 | Brian Westenhaus

We’ve long known that garbage piled up on landfills weep and leak methane gas.  Its even harvested and being put to use in many places.  Researchers had a hard time…

Will Offshore Oil Rigs be Replaced by Underwater Cities

Apr 11, 2011 at 08:03 | Al Fin

There are over 1.3 trillion barrels of untapped oil under the seafloors. But what is the safest way of retrieving all of that oil -- much of it at deadly…

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