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Energy

Cushing Storage Maxed Out: U.S. Crude Oil To Hit $90 in a Month

Apr 01, 2011 at 04:44 | Dian L. Chu

Crude oil prices have been seesawing between the news coming out of Libya and rising inventories in the U.S.  Crude oil stocks at Cushing, Oklahoma rose to a record 41.9…

Obama Calls for Energy Independence and Lower Oil Imports

Apr 01, 2011 at 04:41 | RFE/RL staff

U.S. President Barack Obama has set out an ambitious goal of cutting U.S. reliance on foreign oil by one-third by the year 2025. In a speech in Washington focused…

What is Really Driving Gas Prices up? And What Can be Done About it?

Mar 31, 2011 at 05:05 | Robert Rapier

This past week I had an article published in the Washington Post called Five Myths about Gas Prices. I will discuss each particular myth in detail below, but the…

Peak Oil and Depopulation

Mar 30, 2011 at 04:14 | Gail Tverberg

The growth of the human population cannot continue forever—there is a limit to our numbers, even if we cannot specify what that limit might be.  There is also a limit…

The Unites States Possesses the Largest Energy Resources on Earth

Mar 29, 2011 at 04:27 | Al Fin

A new report from the Congressional Research Service points out that in terms of total hydrocarbon resource, the US possesses the largest inventory of any nation on Earth. But under…

Oil Price Shocks and Monetary Policy

Mar 28, 2011 at 03:24 | Ed Dolan

Inflation rates are rising in the world's major economies. The consumer price index rose by half a percent in the United States in February, equivalent to an annual rate of…

BP's Arctic Oil Exploration Deal Dealt a Blow

Mar 28, 2011 at 03:10 | Gregory Feifer

A Swedish arbitration panel has dealt the BP energy company a setback by blocking a major deal with Russia's Rosneft to explore oil reserves in the Arctic. BP signed the…

Russia's Image as Energy Superpower Benefitting from Middle East Crisis

Mar 24, 2011 at 14:44 | Gregory Feifer

With U.S.-led fighter jets pounding military assets in oil-rich Libya, and Japan still struggling to contain radiation at its stricken Fukushima nuclear plant, concerns are rising around the world about…

Libya: But What About The Oil?

Mar 23, 2011 at 14:24 | Ferdinand E. Banks

As I pen these few humble words, Swedish combat aircraft are being tuned up for the long flight from Sweden to somewhere in the Mediterranean. There is no  shortage of…

OPEC: Beginning of The End?

Mar 23, 2011 at 06:44 | Dian L. Chu

The recent uprising in North Africa and the Middle East (MENA) region, which culminated in an UN sanctioned military acton against Libya, suggests that the eventual break-up of the 'Organization…

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