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Energy

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…

Coal’s Incredible Comeback – But at What Environmental Expense?

Coal’s Incredible Comeback – But at What Environmental Expense?

Aug 09, 2010 at 09:26 | David Caploe PhD

Coal is currently experiencing a phenomenal comeback everywhere. Demand has grown considerably, making coal the second-most important energy source worldwide, after oil. Billions of people depend on coal for their…

Europe Faces Tough Choices Over Natural gas

Europe Faces Tough Choices Over Natural gas

Aug 07, 2010 at 09:10 | The Oil Drum

In Europe, natural gas has great importance. Many people believe (some countries even instituted policies) that it will be the fuel that will become the bridge to an energy future…

Only a Small Fraction of Earth’s Oil has Been Found

Only a Small Fraction of Earth’s Oil has Been Found

Aug 07, 2010 at 08:56 | Al Fin

Scientists have known for quite a while that most of Earth's oil came from vast numbers of oceanic microscopic organisms -- rather than from dead dinosaurs. From diatoms to micro-algae…

The Price of Oil is Going Up

The Price of Oil is Going Up

Aug 05, 2010 at 09:47 | Mad Hedge Fund Trader

I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost choke from the dust on the line. He…

What Effect Would Unlimited Liability Have on Offshore Drilling?

What Effect Would Unlimited Liability Have on Offshore Drilling?

Aug 04, 2010 at 09:44 | The Oil Drum

Last Friday, the US House of Representatives passed legislation that would remove the $75 million liability cap on economic damages incurred by offshore drilling activities by oil companies. The US…

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