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IEA: Peak Oil Demand Is Still Years Away

IEA: Peak Oil Demand Is Still Years Away

The world hasn’t seen peak…

Russian Oil Majors Want Bailout From Moscow

Russian Oil Majors Want Bailout From Moscow

Russian oil companies are looking…

Energy

HSBC Report Warns we Only Have 50 Years of Oil Left

Apr 08, 2011 at 08:57 | Economywatch

The world may have no more than half a century of oil left at current rates of consumption, while surging demand from emerging markets threatens to create “very significant price…

EIA Releases Worldwide Shale Gas Resource Report

Apr 08, 2011 at 08:54 | Al Fin

The US EIA has released a 350 page report (51 MB PDF Download) assessing the world shale gas resources (for 32 selected nations). While the huge US shale gas…

Japan’s 2020 Emissions Target Under Review Following Fukushima Disaster

Apr 08, 2011 at 08:49 | Carbon Finance

Japan’s 2020 emissions target is under question as a result of the Fukushima nuclear disaster, Japanese officials have conceded. "It is true that our reduction target will be affected significantly,"…

Pinched By $4 Gasoline? Blame The Big Banks

Apr 07, 2011 at 07:05 | Dian L. Chu

Yes, that's right!  The same Big Banks that taxpayers bailed out during the financial crisis are now jacking up oil and gasoline prices (Fig. 1), thus making consumers pay yet…

WTI April Rollover Cycle to Test Oil Speculators

Apr 07, 2011 at 06:53 | Dian L. Chu

The United States Oil Fund (USO), and exchange traded fund (ETF) tracking the performance of WTI (West Texas Intermediate) crude oil futures contract, starts its 4-day position rolling on Tuesday,…

Natural Gas Now a Growing Alternative to Gasoline

Apr 07, 2011 at 06:45 | James Hamilton

The Denver Post reported the opening on Saturday of stations offering compressed natural gas to drivers in Grand Junction and Rifle, towns along Interstate 70 in western Colorado, making…

USA to Sue OPEC Members over High Oil Prices

Apr 06, 2011 at 20:49 | Bruce Krasting

High grade crude for gulf delivery hit the highest price since the spring of 2008 this morning. This is the raw material for gasoline, so look for another big spike…

What Should Have Been Said During Obama’s Speech on US Energy Policy

Apr 06, 2011 at 07:40 | Gail Tverberg

We meet here at a tumultuous time for the world.  In a matter of months, we’ve seen regimes toppled and democracy take root across North Africa and the Middle East.…

Oil Supply Crisis From War in Libya? Free Trade Begs to Differ

Apr 06, 2011 at 07:26 | Dian L. Chu

The recent news from Libya suggests that a transitional government is already being put in place as BBC reports that Libya's opposition groups is set to export first oil shipment,…

Political Contradictions on Energy Policy: Cheap Gasoline and Carbon Emissions

Apr 06, 2011 at 07:18 | Robert Rapier

Energy policy frequently highlights some glaring contradictions among lawmakers. Some politicians who have railed against our dependence on petroleum and who insist we must reduce carbon emissions turn around and…

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