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Big Auto Eyes $2B in Govt Grants to Boost EV Production

Big Auto Eyes $2B in Govt Grants to Boost EV Production

The Energy Department will issue…

The Dramatic Fall of Mexico’s Oil Giant

The Dramatic Fall of Mexico’s Oil Giant

Mexico's state-owned oil company, Pemex,…

Energy

A Look at the Latest United Nations Predictions on Natural Resource Consumption

Jun 15, 2011 at 08:09 | Gail Tverberg

The United Nations warned recently that the global consumption of natural resources could almost triple to 140 billion tons a year by 2050 unless nations take drastic steps to decouple…

Indian Coal Shortages has Steel Producers Worried

Jun 15, 2011 at 08:03 | Metal Miner

Recent research on coal imports in India has worried the country’s steelmakers, which are already under pressure from the rise in iron ore prices and coal prices. According to the…

Some Economic and Historical Aspects of Electric Deregulation

Jun 15, 2011 at 07:57 | Ferdinand E. Banks

In the summer of 2001, a few months before the 9-11 attacks on the Trade Towers and Pentagon, I was invited to Hong Kong as a visiting professor and university…

Falling Demand Pushes Natural Gas Futures Lower

Jun 14, 2011 at 13:48 | Forex Pros

Natural gas futures edged lower on Tuesday, slumping to a three-day low after forecasts showed mild weather in the Northeastern U.S. states next week, reducing demand expectations for the fuel.…

David and Goliath: Vietnam Confronts China Over South China Sea Energy Riches

Jun 14, 2011 at 08:49 | John Daly

An increasingly fractious maritime confrontation is developing in the South China Sea, with enormous implications for international companies interested in developing East Asia’s offshore hydrocarbon resources. Far from the radars…

Oil Recovery Techniques: Using Microbes to Recover Trapped Oil

Jun 14, 2011 at 08:34 | Brian Westenhaus

The financial crisis of 2008 and the high gasoline prices that have haunted consumers since has the Peak Oil debate pressuring enhanced oil recovery. Today there are many countries talking…

Rapidly Increasing Chinese Oil Demand

Jun 14, 2011 at 08:24 | James Hamilton

Stuart Staniford notes that the number of trucks and passenger vehicles in China has been growing at about 23% each year.

Disagreements Within OPEC Threaten Organizations Structure

Jun 13, 2011 at 07:20 | Dave Summers

OPEC Ministers, meeting in Vienna last week, apparently had one of their more divisive discussions of recent times over the question of raising pumped volumes. Saudi Arabia, Kuwait and…

Exxon’s $100 Million a Day Exploration Budget Pays Off

Jun 13, 2011 at 07:11 | Brian Westenhaus

Exxon’s CEO Rex Tillerson announced back in March plans to spend $100 million a day for the next five years to expand the search for oil and natural gas previously…

Peak Oil and our Uncertain Future

Jun 13, 2011 at 07:04 | Post Carbon

The world is beginning to look a lot like the August of 1914 or perhaps the summer of 1939 all over again. This time instead of the great powers of…

A Look at China's energy Future and What it Means for Oil Prices

Jun 10, 2011 at 07:29 | Robert Rapier

I was recently asked to participate in an energy roundtable at Focus on China’s Energy Future and the Shale Gas Question. It is no secret that I feel that…

Just How Significant is the OPEC Announcement?

Jun 10, 2011 at 07:23 | James Hamilton

The Organization of Petroleum Exporting Countries (OPEC)  announced on Tuesday that its members could not reach an agreement to change OPEC's production quotas. How significant is that announcement? In…

Global Oil Reserves Increase by 6.6 Billion Barrels in 2010

Jun 10, 2011 at 07:20 | Al Fin

In the absence of replenishment by successful exploration or reserves growth, so-called 'reserves replacement', proved reserves would tend to decline over time as production depleted the existing reserve base. However,…

Crude Oil Futures Slide Over Economic Recovery Fears

Jun 09, 2011 at 13:36 | Forex Pros

Crude oil futures erased gains on Thursday, as prices were pressured by a broadly higher U.S. dollar and after disappointing U.S. employment data added to concerns over the economic recovery…

Are U.S. Bureaucrats About to Make a Huge Oil Supply Blunder?

Jun 09, 2011 at 08:21 | Brian Westenhaus

U.S. Secretary of State Hillary Clinton got the file Monday as the State Department concluded a public comment period on its draft environmental impact statement, and will publish a final…

Tension Building over Arctic Energy Riches

Jun 09, 2011 at 08:15 | Andy Soos

The Arctic Ocean is a vast frozen sea bordered by Russia, Canada, Denmark, and Norway. It has been explored but it’s potential for mineral deposits and oil and gas deposits…

Preparing for Higher Food and Energy Prices

Jun 09, 2011 at 08:03 | Gail Tverberg

Over the years, we have become accustomed to a rising standard of living. One of things that has helped this happen is a gradually declining ratio of food costs to…

Could Natural Gas Prices Be About to Jump?

Jun 08, 2011 at 23:09 | Mad Hedge Fund Trader

Name one of the best performing assets since the “RISK OFF” trade started and it would have to be natural gas. You may recall my waxing bullish on this simple…

U.S. - Venezuelan Relations - Just Frozen or Beyond Repair?

Jun 08, 2011 at 08:17 | John Daly

According to the U.S. Energy Administration, two months ago the United States total crude oil imports averaged 9,033 thousand barrels per day (tbpd), with the top five exporting countries being…

A Look at US Military Energy Consumption

Jun 08, 2011 at 08:11 | Daily Energy Report

Since the beginning of the 20th century energy has been a critical factor for armed forces worldwide. From the end of the Cold War to the first years of the…

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