Biden Bans Oil And Gas Leasing Near New Mexico Cultural Site
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…
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…
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…
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…
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…
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…
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…
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 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…
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…
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?…
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…
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…
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…
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…
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…
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…
Journalists from the mainstream media have been credulous cheerleaders for the wind and solar industries -- and for the faux environmental movement in general. Rod Adams takes the New York…
The failure of the US Senate to enact comprehensive energy and climate legislation prior to the August recess likely dooms its prospects for 2010, despite vows by its most ardent…
Louise Yamada, one of the most widely followed technical analysts in the market, says the 29 year bull market in Treasury bonds is coming to a close. Looking at the…