WTI Crude broke lower but held above 91.58/40 as hoped. We then broke 93.31 to retest last week’s high at 93.84 & over ran a little to 93.94. So 93.72/94…
President Barack Obama used his weekly address to say the country is ready to take control over its energy future. This is because oil production is at a 15-year high…
Now that Iran has made the high-profile deployment of a guided missile destroyer in the Caspian Sea, its neighbors should all be “happy” at the major advancement in regional security.…
With the media awash in stories telling us how much oil is being discovered around the world, there is one word which the optimists quoted in these stories refuse to…
Hal Quinn, president of the National Mining Association, says coal in 2016 will again be the world’s favorite carbon fuel, pushing out petroleum as the world's largest source of energy.
Scientists have developed a new way to calculate the carbon footprint of batteries needed to store wind and solar power for the electrical grid. A key problem is that…
The biggest weakness of renewable power advocates is the fact that the sun doesn’t always shine, nor the wind blow.Geothermal power, which does not suffer from down time,…
Rep. Ed Markey, ranking member of the House Energy Committee, said an investigation into Shell's offshore Alaska campaign suggested the company wasn't ready to work in extreme environments. An Interior…
With its tentacles in nearly a dozen different industries, General Electric should be on the radar of every serious investor. Its more recent deals in the Russian Far East for…
Continued from part one.Bearing in mind the rising proportion coming from emerging markets, it is no surprise that ExxonMobil says industrial production, particularly of raw materials such…
Transatomic, a Massachusetts Institute of Technology spinoff is developing a nuclear reactor designed to overcome the major barriers to nuclear power. For the anti-nuclear folks the design offers to…
Recently there has been a resurgence of what is becoming a classic (see: tired) debate between very smart people about the tension between clean energy innovation and deployment.This…
One of the things that keeps traders trading - apart from money, of course - is the power the markets have to astonish. For what seems like years now economists…
Resource nationalism surges full speed ahead and metamorphoses along the way; global subsidies come back to bite governments where it hurts; mergers and acquisitions redefine the industry; the hunger for…
Right now, we’re looking at a 70%-30% spread for total global onshore and offshore oil and gas production, respectively. Of that 30% of offshore production, subsea oil and gas production…
During the week, I’ve been appearing on television talking about a rapidly rising gasoline price at the pumps caused by an out-of-control program at the Environmental Protection Agency designed to…
While resource nationalism initiatives have scared away investors in Argentina, Bolivia, Ecuador and Venezuela, Peru and Colombia are two Latin America venues that offer relatively hassle-free investment and have plenty…
Oversold conditions on the daily chart and a strengthening economy helped drive May crude oil futures higher last week. The move through $92.50 confirmed the previous week’s closing price reversal…
Bottom Line: Massive plans to tap into Brazil’s subsalt fields and an upcoming auction of new oil and gas blocks in May could be delayed as we expect a high-profile…
Bottom Line: As 99.8% of Falkland Islanders vote ‘yes’ in a referendum to remain a self-governing British overseas territory, Argentina rejects the referendum as meaningless. The rhetoric is likely to…