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Energy

U.S. Coal Industry Fights Climate Legislation at Congressional Hearing

U.S. Coal Industry Fights Climate Legislation at Congressional Hearing

Apr 14, 2010 at 19:00 | Darrell Delamaide

Under the shadow of the West Virginia coal mine disaster earlier this month, a congressional hearing Wednesday on the future of coal in a “new energy age” seemed at times…

Chinese Purchase of Oil Sands Stake Could Revalue Resource

Chinese Purchase of Oil Sands Stake Could Revalue Resource

Apr 11, 2010 at 19:00 | Darrell Delamaide

The acquisition of a 9% stake in the Syncrude oil sands venture by China’s Sinopec for $4.65 billion – substantially more than expected – could pave the way for a…

Do Rising Oil Prices Threaten the Economic Recovery?

Do Rising Oil Prices Threaten the Economic Recovery?

Apr 11, 2010 at 19:00 | James Hamilton

Ten of the 11 recessions in the United States since World War II have been preceded by a sharp increase in the price of crude petroleum. Oil had been…

High Inventories Keep Crude Oil Prices from Advancing on Week

High Inventories Keep Crude Oil Prices from Advancing on Week

Apr 08, 2010 at 19:00 | Darrell Delamaide

Oil Market Summary for 04/05/2010 to 04/09/2010. Crude oil prices ended the week virtually unchanged from a week ago as optimism about demand warred with trepidation about historically high inventories…

Alaska Pipeline Project May Cost as Much as $40 Billion

Alaska Pipeline Project May Cost as Much as $40 Billion

Apr 07, 2010 at 19:00 | Darrell Delamaide

Two competing projects for a natural gas pipeline from Alaska to the lower 48 states put the cost somewhere between $32 billion and $40 billion, even as the explosion of…

Gas Producers Go to the Dark Side

Gas Producers Go to the Dark Side

Apr 06, 2010 at 19:00 | Dave Forest

It's finally happening. Gas producers are starting to crack. With the natural gas to oil price ratio running at a nearly-unprecedented 21-to-1 ($86.80 per barrel for crude versus $4.12 per…

Texas Acquisition Shows Shift of Gas Producers to Oil Investment

Texas Acquisition Shows Shift of Gas Producers to Oil Investment

Apr 05, 2010 at 19:00 | Darrell Delamaide

SandRidge Energy’s agreement this week to acquire Arena Resources, a producer of conventional oil in West Texas, for $1.6 billion is the latest example of natural gas companies seeking to…

Crude Prices Surge in Week, but Jobless Figures May Dampen Rise

Crude Prices Surge in Week, but Jobless Figures May Dampen Rise

Apr 02, 2010 at 19:00 | Darrell Delamaide

Oil Market Summary for 03/29/2010 to 04/02/2010 In a week shortened by a holiday, crude oil futures reached an 18-month high, but U.S. jobless data released on Friday while commodities…

Good Day for Oil and Gas Companies as US East Coast Officially Opens for Drilling

Good Day for Oil and Gas Companies as US East Coast Officially Opens for Drilling

Apr 02, 2010 at 14:33 | Dave Forest

On wednesday, the Obama administration announced comprehensive new regulations on offshore oil and gas drilling. Potentially opening some significant new acreage previously off limits to the petroleum industry. Under the…

U.S. Decision on Offshore Drilling Holds Promise of Future Oil, Brings Immediate Debate

U.S. Decision on Offshore Drilling Holds Promise of Future Oil, Brings Immediate Debate

Apr 01, 2010 at 15:34 | Darrell Delamaide

President Barack Obama’s move to lift a moratorium on new offshore drilling leases and to designate further areas for exploration won’t produce much oil in the near future, but is…

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