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Trade Deal Could Send Oil To $75

Trade Deal Could Send Oil To $75

One of the decisive factors…

Libya: A Great Regional War

Libya: A Great Regional War

Regional powers are becoming increasingly…

Middle East Tanker Insurance Rates Soar 10-Fold

Middle East Tanker Insurance Rates Soar 10-Fold

Insurance rates for tankers going…

Energy

China Has Replaced U.S. As Biggest Energy Consumer, IEA Says

China Has Replaced U.S. As Biggest Energy Consumer, IEA Says

Jul 20, 2010 at 03:49 | Darrell Delamaide

China has overtaken the U.S. as the world’s biggest consumer of energy in the most tangible evidence yet of the coming dominance of the Chinese economy. According to data from…

Uranium’s Big Prize

Uranium’s Big Prize

Jul 20, 2010 at 03:32 | Dave Forest

Sixteen hours on airplanes yesterday gave me the chance to finish reviewing a lot of uranium material. (For those of you finding the uranium theme long-in-the-tooth, we will get back…

Rising Demand in OPEC Countries Causes Oil Importers Concern

Rising Demand in OPEC Countries Causes Oil Importers Concern

Jul 19, 2010 at 07:19 | The Oil Drum

OPEC tells us it has lots of spare capacity, but how much should we believe them? Even when prices were much higher than they are now, back in 2008, they…

Stock Prices, Economic Data Buffet Crude Oil Futures in Lackluster Trading

Stock Prices, Economic Data Buffet Crude Oil Futures in Lackluster Trading

Jul 18, 2010 at 14:18 | Darrell Delamaide

Oil Market Summary for 07/12/2010 to 07/16/2010 An unexpectedly sharp drop in a key consumer confidence index sent stocks plummeting on Friday and drove down prices for crude oil futures…

Cautious Obama is Hurting Future Oil and Electricity Supply

Cautious Obama is Hurting Future Oil and Electricity Supply

Jul 15, 2010 at 14:28 | Llewellyn King

From somewhere--inside the White House or the Department of Energy--President Obama is getting some pretty awful advice. It's bad enough that he's been persuaded that there's a Nirvana Land of…

Shale Oil’s Place in our Energy Future

Shale Oil’s Place in our Energy Future

Jul 15, 2010 at 14:23 | Brian Westenhaus

Chinese researchers have identified a catalyst called NiMoW, for the hydrotreating of the refined diesel distillate fraction from the Fushun shale oil deposit. Shale oil has high levels of nitrogen,…

U.S. Government Finally Grants BP Permission to Begin Well Integrity Test

U.S. Government Finally Grants BP Permission to Begin Well Integrity Test

Jul 15, 2010 at 04:24 | Al Fin

For almost 2 days, the US government has withheld final permission for BP to go ahead with crucial but risky pressure testing at the Macondo wellhead. The new sealing cap…

What Most Peak Oil Believers are Failing to Consider

What Most Peak Oil Believers are Failing to Consider

Jul 14, 2010 at 02:52 | Al Fin

A lot of otherwise normal, well-functioning persons are firm believers in the idea that global oil production has irrevocably peaked -- or is soon to peak irrevocably. Whether such a…

Lloyd’s Research Paper Warns of Peak Oil Crunch

Lloyd’s Research Paper Warns of Peak Oil Crunch

Jul 13, 2010 at 13:02 | Darrell Delamaide

The Lloyd’s insurance market in London added its voice to those warning about dependence on oil with the release of a research paper that predicted a supply crunch and price…

European Power Plants Win Reprieve on Emissions

European Power Plants Win Reprieve on Emissions

Jul 12, 2010 at 03:30 | Philippa Jones

The European Parliament voted overwhelmingly on Wednesday to adopt the Industrial Emissions Directive, after agreeing a compromise position that will give power plants extra time to comply with stricter levels…

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