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Article Archive | Page 1519

The Price of Oil is Going Up

Aug 05, 2010 at 09:47

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…

Health Check of the US Debt Markets

Aug 05, 2010 at 09:42

Just finished a read of the fresh new "Minutes of the Meeting of the Treasury Borrowing Advisory Committee". The TBAC is a "meeting of the minds" amongst top U.S. officials…

The Enduring Middle East Strategic Framework Begins to Emerge as Iran Surges, and the US Resiles

Aug 04, 2010 at 20:42

The lingering impact of August 3, 2010, clash on the Israeli-Lebanese border lies in the greater context of, and wider strategic dynamics in, the Middle East. These aspects were highlighted…

What Effect Would Unlimited Liability Have on Offshore Drilling?

Aug 04, 2010 at 09:44

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…

Grain Prices Are Spiking Everywhere

Aug 04, 2010 at 09:35

Now the grains are literally on fire. News reports over the weekend of wild fires triggered by historic draught conditions in Russia and the Ukraine, consuming vast swaths of wheat…

Huge Jump in US Crude Oil Imports

Aug 04, 2010 at 09:26

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…

The Greatest Manmade Oil Spill

Aug 04, 2010 at 08:54

Take a good look at the graph below. It shows average annual oil spills into the ocean in thousands of metric tonnes. Nature spills more oil than man, but of…

Clash on Israel-Lebanon Border Holds Potential for Strategic Escalation

Aug 03, 2010 at 15:56

The August 3, 2010, armed clash along the Israeli-Lebanese border was a significant strategic incident. On Thursday, July 29, 2010, Israel notified UNIFIL that a few Israeli soldiers would be…

The BP Oil Spill: The Static Kill Process Has Started

Aug 03, 2010 at 13:54

Progress on the relief well at the Deepwater Horizon well has now reached the point that BP have started the procedures for the top static kill of the well. There…

Completely Wrong About Nuclear Energy

Aug 03, 2010 at 11:04

When the subject was oil, my students at the Asian Institute of Technology (Bangkok) were politely asked to study the situation in the United States. It told me everything I…

Life on Earth Can Survive Without the Sun’s Energy

Aug 03, 2010 at 10:55

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…

BP Oil Spill Damages to Stretch Insurance Coverage

Aug 02, 2010 at 10:51

BP and its partners on the Deepwater Horizon oil rig do not have enough insurance to cover the potential damages sought in litigation so far, according to an analysis by…

Pentagons Afghanistan PR Campaign Wounded as Documents Reveal Growing Taliban Influence

Aug 02, 2010 at 10:46

Like a star shell bursting high above a hotly contested battlefield at midnight, the thousands of documents recently released by Wikileaks have thrown the nine-year war in Afghanistan into stark…

Chile is Looking Hot

Aug 02, 2010 at 10:42

Want to invest in an extremely well managed country with almost no debt, budget surpluses, an appreciating currency, and the price for its dominant export commodity going through the roof?…

Spies, Lies and Goodbyes – Part 1

Aug 02, 2010 at 10:36

The killing of former Lebanese Prime Minister Rafik Hariri was until recently widely believed to have been perpetrated by the Syrians, or at least on their behalf.  It was the…

The Future Looks Great for the Ethanol Boondoggle

Aug 01, 2010 at 10:51

One of my biggest disappointments with President Obama so far is his continued support of the ethanol boondoggle. The program was ramped up by the Bush administration to achieve energy…

Pick Up Big Oil While it is Still Cheap

Aug 01, 2010 at 11:01

I have always been an unfashionable person. I was still wearing my bell bottoms and mutton chop sideburns well into the eighties, and even today people laugh at my yellow…

Pakistan Defense Reorganization: Positive, Stabilizing Move to Enable Security After a Coalition Withdrawal

Aug 01, 2010 at 10:58

The extension on July 22, 2010, by Pakistan Prime Minister Raza Yousuf Gilani, of the service of Chief of Army Staff (COAS) Gen. Ashfaq Parvez Kayani by three years was…

Fossil Fuel Subsidies 10x Renewables Support

Aug 01, 2010 at 10:55

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

Jul 30, 2010 at 18:04

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…

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