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Energy

Alaska Pipeline Project May Cost as Much as $40 Billion

Alaska Pipeline Project May Cost as Much as $40 Billion

Apr 07, 2010 at 19:00 | Darrell Delamaide

Two competing projects for a natural gas pipeline from Alaska to the lower 48 states put the cost somewhere between $32 billion and $40 billion, even as the explosion of…

Gas Producers Go to the Dark Side

Gas Producers Go to the Dark Side

Apr 06, 2010 at 19:00 | Dave Forest

It's finally happening. Gas producers are starting to crack. With the natural gas to oil price ratio running at a nearly-unprecedented 21-to-1 ($86.80 per barrel for crude versus $4.12 per…

Texas Acquisition Shows Shift of Gas Producers to Oil Investment

Texas Acquisition Shows Shift of Gas Producers to Oil Investment

Apr 05, 2010 at 19:00 | Darrell Delamaide

SandRidge Energy’s agreement this week to acquire Arena Resources, a producer of conventional oil in West Texas, for $1.6 billion is the latest example of natural gas companies seeking to…

Crude Prices Surge in Week, but Jobless Figures May Dampen Rise

Crude Prices Surge in Week, but Jobless Figures May Dampen Rise

Apr 02, 2010 at 19:00 | Darrell Delamaide

Oil Market Summary for 03/29/2010 to 04/02/2010 In a week shortened by a holiday, crude oil futures reached an 18-month high, but U.S. jobless data released on Friday while commodities…

Good Day for Oil and Gas Companies as US East Coast Officially Opens for Drilling

Good Day for Oil and Gas Companies as US East Coast Officially Opens for Drilling

Apr 02, 2010 at 14:33 | Dave Forest

On wednesday, the Obama administration announced comprehensive new regulations on offshore oil and gas drilling. Potentially opening some significant new acreage previously off limits to the petroleum industry. Under the…

U.S. Decision on Offshore Drilling Holds Promise of Future Oil, Brings Immediate Debate

U.S. Decision on Offshore Drilling Holds Promise of Future Oil, Brings Immediate Debate

Apr 01, 2010 at 15:34 | Darrell Delamaide

President Barack Obama’s move to lift a moratorium on new offshore drilling leases and to designate further areas for exploration won’t produce much oil in the near future, but is…

OPEC Adding to Capacity Amid Concern Supply will Dampen Oil Prices

OPEC Adding to Capacity Amid Concern Supply will Dampen Oil Prices

Mar 31, 2010 at 15:15 | Darrell Delamaide

OPEC member countries have resumed work on 35 new projects that will increase production capacity by 5 million barrels a day, adding to concerns that the increasing world capacity will…

EU Fuel Standards Become Latest Oil Sand Battlefield for Environmentalists

EU Fuel Standards Become Latest Oil Sand Battlefield for Environmentalists

Mar 30, 2010 at 15:05 | Darrell Delamaide

The latest draft of European Union fuel standards appears to mark a lobbying victory for the Canadian oil industry because it drops tighter restrictions originally envisaged for crude oil derived…

Demand from India Reshaping the Global Coal Market

Demand from India Reshaping the Global Coal Market

Mar 26, 2010 at 17:16 | Dave Forest

Attention international coal industry. There's a new kid on the block. The nation of India. India is emerging as a major re-shaping force for the global coal market. With in-country…

Flaws in Weekly EIA Inventory Reports

Flaws in Weekly EIA Inventory Reports

Mar 26, 2010 at 00:09 | Editorial Dept

"The numbers in this report can't be right -- and yet the market is reacting to them!" -- there's a complaint we've heard so many times about USDA reports, but…

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