Article Archive | Page 1660

Mar 14, 2012 at 17:36

This paper examines the impact of oil price changes on global economic growth. Unlike some recent studies, this paper finds that oil price rises have had significant negative impacts on…

Mar 14, 2012 at 17:30

Exxon Mobil's chief executive called for disclosure of so-called fracking fluid during the IHS CERA energy conference last week in Houston. Fracking has become a hot-button issue in the United…

Mar 14, 2012 at 17:27

Yemen, beloved of the Travel Channel, is the largely unknown corner of the southwestern Arabia peninsula. Its oil production is modest compared to its giant northern neighbor, Saudi Arabia, but…

Mar 14, 2012 at 17:23

The combination of still sharply rising US production, a mild winter in the US, and high inventories caused the Henry Hub price to fall to its lowest level since 2002.…

Mar 13, 2012 at 18:34

As last year’s Arab spring has slowly roiled eastwards from Tunisia to the eastern Mediterranean, the two most concerned governments are the U.S. and Israel, that are watching their carefully…

Mar 13, 2012 at 18:31

Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last…

Mar 13, 2012 at 18:13

It is clear that many people have a very simplistic — but wrong — view of the energy markets. This extends to politicians who believe they can usher in a…

Mar 13, 2012 at 18:01

In the titanic struggle for world supremacy fought between the U.S. and USSR between 1945 and 1991, all eyes were focused on their attempts to bring Third world nations to…

Mar 13, 2012 at 17:57

An FT article last week lauded the intent of General Electric and Chesapeake Energy to form an alliance to promote the use of natural gas as a fuel for…

Mar 13, 2012 at 17:55

The spill-over of the political revolutions from the neighbouring countries to Libya and the resulting civil war have highlighted the threat caused by production downtimes in politically unstable countries. Although…

Mar 13, 2012 at 14:04

The Austrian School provides a new angle on the development of the oil price. We already discussed the oil price development from the perspective of the Austrian School of Economics…

Mar 12, 2012 at 17:46

The controversial U.S. energy process of releasing natural gas from deep-seated underground reserves has increasingly moved to the forefront of the debate of U.S. energy autonomy. Advocates insist that hydraulic…

Mar 12, 2012 at 17:38

The average January petrol price in the US set a new all-time-high. The high petrol price acts like an additional tax for US consumers. An increase of 10 cents per…

Mar 12, 2012 at 17:28

There are 374 LNG carriers in the world.  As recently as a few years ago, roughly one-third of these vessels were laid up, or out of use. Today, every single…

Mar 12, 2012 at 17:24

World coal production and consumption data for 2011 are not yet compiled and published, but one key number is in. China’s Ministry of Industry and Information Technology reports that the…

Mar 12, 2012 at 17:21

The viability of modern civilization depends on two important dimensions: 1) the continuous availability and deployment of essential resources and 2) the long-term productivity and habitability of our environment. Acquiring…

Mar 11, 2012 at 12:27

OPEC in its monthly report for March notes a steady increase in Libyan oil production since the conflict began last year. Production for February, the cartel reports, was about 75…

Mar 11, 2012 at 12:22

So far, high petroleum prices are helping Iran beat the new, ‘crippling’ US and EU sanctions. And, ironically, it is the Obama re-election campaign that is suffering most from…

Mar 11, 2012 at 12:17

“When the dollar collapse comes, it will happen two ways – gradually then suddenly. That formula, famously used by Hemingway to describe how one goes bankrupt, is an apt description…

Mar 11, 2012 at 11:53

The three Soviet republics of Estonia, Latvia and Lithuania were always undigested morsels in the maw of the USSR. Liberated by the 1919 Treaty of Versailles into independence, the three…