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Energy

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…

Huge Jump in US Crude Oil Imports

Huge Jump in US Crude Oil Imports

Aug 04, 2010 at 09:26 | Dave Forest

U.S. crude oil imports. Huge jump in the week ended July 23, with total imports up to 11.15 million barrels daily. This is the highest weekly level of oil imports…

Life on Earth Can Survive Without the Sun’s Energy

Life on Earth Can Survive Without the Sun’s Energy

Aug 03, 2010 at 10:55 | Al Fin

We like to say that life on Earth could not survive without the sun, but that isn't actually true. Without the sun the surface of the planet would freeze down…

Fossil Fuel Subsidies 10x Renewables Support

Fossil Fuel Subsidies 10x Renewables Support

Aug 01, 2010 at 10:55 | Jess McCabe

Worldwide renewable power and biofuels received $43 billion-46 billion in subsidies last year, only a fraction of the government subsidies for fossil fuels, according to preliminary figures from Bloomberg New…

Cloudy Economic Outlook Keeps Crude Oil Trading in Narrow Range for Week

Cloudy Economic Outlook Keeps Crude Oil Trading in Narrow Range for Week

Jul 30, 2010 at 18:04 | Darrell Delamaide

Oil Market Summary for 07/26/2010 to 07/30/2010. Crude oil futures continued to trade in a very narrow range, unable to cross the $79 a barrel threshold even though they ended…

Middle East Oil Producers Might Consider BP Investment – to Diversify

Middle East Oil Producers Might Consider BP Investment – to Diversify

Jul 28, 2010 at 05:41 | Darrell Delamaide

With BP poised to move on from the Gulf oil spill with a new chief executive, the beleaguered London-based company might look attractive to Middle East sovereign wealth funds after…

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