The Central Gulf of Mexico Oil and Gas Lease Sale 213 attracted 642 bids from 77 companies on 468 lease tracts. Most impressive was what these companies paid. High bids…
The majority of economic observers seem convinced that the dollar is doomed, and not in some distant future. The basic reason for this unanimity is the reasonableness of the basic…
Back in the days when US oil demand controlled the price of oil, a massive recession in the United States would have sent oil to 12.00 dollars a barrel. That…
There had been disturbing news and reports emanating from the Niger Delta oil basin of Nigeria in recent times. On Monday March 15, 2010, a car bomb explosion was reported…
Oil Market Summary for 03/15/2010 to 03/19/2010. Crude oil futures kept falling back from highs even though speculative funds increased their bets that prices are headed higher. The benchmark West…
The increasing use in the United States of gasoline, jet fuel and other petroleum products made from Canada’s oil sands has aroused opposition from Canadian and U. S. environmentalists equal…
The U.S. deficit and the Treasury bonds which must be sold to fund it are beyond comprehension. The trouble with bonds (the U.S. Treasury variety, among others) is simple: there's…
More than half of the state governors urged the federal government to adopt a nationwide renewable energy standard to replace the patchwork of state legislation and foster growth of wind…
One of the most valuable things a mining company can have is expertise. Exploring for, delineating, and mining ore bodies is an extremely tough business. The success rates for going…
A maritime boundary dispute between Ghana and Côte d’Ivoire that erupted this month casts doubt on future international oil claims near the contested area and raises questions about the reaction…
On September 14, 1960 OPEC began operations as an ad-hoc talk-shop of sorts, and five years later became a permanent part of Vienna’s international bureaucracy. I have decided to send…
Mother Nature's been good to the North American natural gas sector. Not only did she gift several massive shale gas plays over the last few years. She also…
As T. Boone Pickens is touting, we could replace one-third of our dependence on oil within just a few years with natural gas if we would simply embrace the alternative.…
If I may, I would like to rebut or add a little objectivity to the flood of “Peak Oil” articles circulating around. When I see another crisis looming in the…
The ramifications of Google's decision to leave China are deep: China's leadership, be careful what you wish for. I have been a student of China for 40 years. Alas, no,…
Nuclear power is an important part of the solution to global warming, claimed one conference in Paris last week. No, asserted another conference outside Berlin, nuclear power is not an…
Since 91% of stocks are owned by the Plutocracy, the much-ballyhooed rise in the stock market as proof the recession is over is perception management/ propaganda. The 75%…
Some good research from China Knowledge this week. About how southeast Asia is becoming China's trading partner of choice. China's trade with the Association of Southeast Asian Nations has grown…
Amid rising gasoline prices and falling corn prices, ethanol may be poised for a comeback of sorts, even if only a temporary one. Even though conventional wisdom is that crude…
Oil Market Summary 03/08/2010 to 03/12/2010. Crude oil prices tread water for the week as uncertainty about demand continued to weigh on the market. Prices were down slightly on the…