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Energy

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…

Crude Oil Tracks Stocks Upwards to Close Week Above $76 a Barrel

Crude Oil Tracks Stocks Upwards to Close Week Above $76 a Barrel

Jul 10, 2010 at 04:46 | Darrell Delamaide

Oil Market Summary for 07/05/2010 to 07/09/2010. Crude oil futures finished the week on a positive note, tracking stocks upward after hitting the low for a month earlier in the…

A look at China’s Growing Demand for Oil

A look at China’s Growing Demand for Oil

Jul 10, 2010 at 04:40 | The Oil Drum

In my last post, we looked at the supply of oil in the US Energy Information Administration's (EIA's) recently released International Energy Outlook (IEO), which many consider the EIA's definitive…

Ownership of Offshore Israel Gas Deposits Speculative Without Further Drilling

Ownership of Offshore Israel Gas Deposits Speculative Without Further Drilling

Jul 09, 2010 at 11:53 | Fawzia Sheikh

While offshore natural gas discoveries have spurred Lebanese and Israeli saber-rattling in a region widely viewed as rich in energy resources, a London analyst said it is too early to…

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