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Is A Crude Glut Looming?

Is A Crude Glut Looming?

Slowing global economic growth is…

WTI Tops $60 On Gulf Of Mexico Shut-Ins

WTI Tops $60 On Gulf Of Mexico Shut-Ins

Oil prices ended the week…

Energy

Oil Prices Spiral Downwards as Economic Gloom Intensifies

Oil Prices Spiral Downwards as Economic Gloom Intensifies

Aug 22, 2010 at 11:32 | Darrell Delamaide

Oil Market Summary for 08/16/2010 to 08/20/2010 Crude oil prices continued their downward spiral during the week as new data confirmed that  U.S. economic growth is slowing. The benchmark West…

Why We Need Six New Saudi Arabias

Why We Need Six New Saudi Arabias

Aug 20, 2010 at 09:51 | Mad Hedge Fund Trader

I recently spent an evening with Ambassador Richard Jones, the Deputy Executive Director of the International Energy Agency in Paris, who had some eye opening things to say about the…

Oil Fundamentals and The Oil Future

Oil Fundamentals and The Oil Future

Aug 16, 2010 at 11:55 | Ferdinand E. Banks

In the next edition of my energy economics textbook, I rehash and augment my interpretation of various controversies having to do with fundamentals’ versus speculation (i.e. gambling) when considering the…

They Died Before the Oil Ran Out

They Died Before the Oil Ran Out

Aug 16, 2010 at 11:20 | Llewellyn King

There is an open secret in the oil industry that dare not speak its name: peak oil. Well, two did speak its name and gained no acclaim for it. One,…

Coal to Chemicals: Can Coal be a Suitable Replacement for Crude Oil?

Coal to Chemicals: Can Coal be a Suitable Replacement for Crude Oil?

Aug 16, 2010 at 11:04 | Al Fin

Peak oil apostles claim that as oil resources dry up, the ability to maintain agriculture, plastics, and petrochemicals industries will be destroyed. But the human mind can find ways…

Is European Shale Gas the Real Deal

Is European Shale Gas the Real Deal

Aug 16, 2010 at 10:26 | Dave Forest

Oilfield services major Halliburton said late last week it has completed the first hydraulic fracture (frac) on a horizontal shale gas well in Poland. The Markowola-1 well was drilled 50…

Crude Oil Prices Fall Below $80 Again as Officials Anticipate Slower Growth

Crude Oil Prices Fall Below $80 Again as Officials Anticipate Slower Growth

Aug 13, 2010 at 17:02 | Darrell Delamaide

Oil Market Summary for 08/09/2010 to 08/13/2010 Crude oil prices slumped below $80 a barrel again this week as the Federal Reserve and other official forecasters took a dimmer view…

Creating and Harvesting Natural Gas

Creating and Harvesting Natural Gas

Aug 13, 2010 at 10:09 | Brian Westenhaus

Luca Technologies harnesses natural processes to sustainably produce natural gas.  The Golden, Colo. based company has developed a process to generate and then extract more natural gas from depleted…

Where Are the Best Natgas Prices in America?

Where Are the Best Natgas Prices in America?

Aug 12, 2010 at 11:43 | Dave Forest

Florida. At least they were last week. City-gate natural gas prices in the Sunshine State briefly hit $14 per MMBtu last Thursday. A level not seen for many years in…

Peak Oil: Why a Supply Crunch Can Lead to lower Oil Prices

Peak Oil: Why a Supply Crunch Can Lead to lower Oil Prices

Aug 11, 2010 at 09:19 | The Oil Drum

There seems to be an on-going debate among peak oilers and many economists as to which came first, the chicken (peak supply flow) or the egg (peak demand). The first…

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