From 1949 until 1973, the average annual price of oil fluctuated within a 7% band, but from 1981 through 2009 the variation leapt to almost 10 times that amount. A…
The apparent decision on May 11, 2010 — discreetly revealed by two Nigerian newspapers the next day — that Nigerian Pres. Dr Goodluck Jonathan would be interested in contesting the…
The unexpected things often determine the results of energy experiments or expectations. It is also axiomatic that nothing is ever perfect in this business. For proof of those two thoughts,…
Michael Lewitt has an interesting new book out, called "The Death of Capital". In it, Lewitt attacks speculative investment activities such as private equity buyouts. He notes that such speculation…
The Puntland region of Somalia has, in recent years, been increasingly seen as the springboard for piracy against commercial vessels operating in and through the Gulf of Aden at the…
The Obama administration said it will restructure the little-known agency overseeing offshore drilling, splitting is regulatory oversight duties from its lease management responsibilities – a joint task critics say is…
Here are 5 issues with Algae fuels that are covered in my new book on jatropha and algae as fuel sources. 1. The present cost of algae production from open…
Everywhere you turn in the financial media right now you see some "expert" declaring that the Greek debt crisis has become a "contagion" which is going to spread all over…
Market fluctuations are mostly noise. To understand the trends beneath the surface noise, we need to establish an integrated context. The Mainstream Financial Media (MFM) is famously (or infamously) deficient…
As oil continues to pour into the Gulf of Mexico at a staggering rate, many are now starting to realize that the pain from this oil spill will be felt…
The BP oil spill has released more than four million gallons of crude into the Gulf of Mexico to date, threatening the southern US coast. As congressional hearings begin, the…
An all-Irish conference on exploiting the island’s potential for marine energy brought together 60 U.S. companies with officials from both the Republic of Ireland and Northern Ireland this week. The…
The wind energy lobbyists love to claim that installing new wind turbines is the cheapest form of new electricity generation capacity. In fact, I heard that very claim while at…
The Exxon Valdez oil spill in Alaska's Prince William Sound released 10.8 million gallons of oil -- or almost 250,000 barrels of oil. But natural oil seeps off California…
The credibility of the nuclear non-proliferation regime is at stake as the treaty risks collapsing under structural fissures created by its very birth. The Nuclear Non-Proliferation Treaty (NPT) review conference,…
The world is in distress. The economic future looks bleak. Who can the citizens of our great planet turn to, to save them in this time of need? The Federal…
Papering over the structural imbalances in the Eurozone with endless bailouts will not resolve the fundamental asymmetries. Beneath the endless announcements of Greece's "rescue" lie fundamental asymmetries that doom the…
When Vladimir Putin calls for international dialogue and personally attends the resulting conference, you know Russia means business. Whether the intention is that the international cards are dealt fairly…
Governments with foreign military bases tend to shy away from publicity about their colonial outposts, and recent events in the post-Soviet space shine an unwelcome spotlight on US and Russian…
Forget about corruption and cover-up scandals in the energy industry. Europe’s renewable sector is specializing in perjury. They have begun claiming that all of Europe’s fossil fuel needs can be…