Venezuela is preparing for the…
Morgan Stanley remains pessimistic about…
Demand forecasts from the IEA,…
One nagging question that the industrial world has been asking itself since the discovery of the first oil well is what happens when the wells begin to run dry. The…
The next big thing is here in the Canadian oil patch. I wrote a few weeks ago that a number of new Alberta and Saskatchewan petroleum plays are being poked…
Is the term “clean coal” an oxymoron? That’s a hot question for politicians, the energy industry and environmentalists, alike. While the words seem intuitively clear, the meaning of the term,…
The financial crisis changed the way people think. At least some people. In North America, the bursting of the housing bubble dispelled the myth you could get rich simply by…
ExxonMobil's buyout of XTO Energy was the story of December. It might be the story of 2009. But equally important are the details now emerging about the deal. Particularly the…
Yesterday's big news in the commodities world was Exxon's $31 billion takeover of XTO Energy. The acquisition is a big endorsement by the world's largest energy company. The majority of…
News spreads quickly throughout the energy industry, especially when that news is good! The “Energy Crisis” may very well be over, long before it ever had a chance to cripple…
Some people arbitrarily speak about oil as if it is a single, indistinguishably homogenous substance without any unique differentiation, but this is actually not the case at all! In fact,…
As the politics and philosophical arguments about “Peak Oil” continue to rage, science continues to move steadily onward, progressively creating new and better ways to both find and extract oil…
Two overwhelming environmental calamities, simultaneously banging at the door of our consciousness, may very well be more closely related than you might originally think. Calamity #1: We appear to be…
Yes, $120 billion a year: That’s the final tally of the negative effects of energy production and use. And that's just a partial estimate, because it doesn’t include damages from…
Stock market commentators like to draw parallels between the behavior of oil prices and stock prices on any given day. After all, who hasn’t seen a headline like this: “Oil…
Over the past century, modern society has developed a near unquenchable thirst for oil and after 100 years of searching and experimenting there is still no reliable replacement. “Oil is…
Currently there is a lot of debate going on regarding Peak Oil and precisely what we need to be doing about it, both now and in the near future. The…
Virtually every topic in energy economics contains some elephantine myths that need to be confronted, from oil and gas to Nuclear and renewables. SOMETHING ABOUT OIL Take for example oil.…
Last week the Energy Information Administration released their ‘EIA-914’ report on natural gas production in the U.S. for the month of July. Production decreased 0.7 bcf/day from the previous month—a…
When we take a well considered historical perspective of what has occurred over the recent years and in particular, the last two decades regarding the price of crude oil,…
Natural gas is nifty stuff. It burns twice as clean as other fossil fuels, leaves no ash to be disposed of and is critical to many industrial processes.It…
This “Natural Gas 101” article is intended as an informative guide to help clear up some common misconceptions going around these days about the topic of natural gas. So, let…
People often say: “You can’t squeeze blood from a stone.” However that’s exactly what shale oil is. An alternative fuel, created by squeezing our planet’s proverbial “Life Blood” out of…