Oil

  • add this feed to my.Alltop
    The Oil Drum - Discussions about Energy and Our Future

  • Dr. Albert Bartlett's "Laws of Sustainability"

    Gail the Actuary
    6 Nov 2009 | 6:15 am
    At the Denver ASPO conference, I had the good fortune to meet Dr. Albert Bartlett. Afterward, Dr. Bartlett e-mailed me some material he had written over the years. The "Laws of Sustainability" were included in this material. They are part of Al Bartlett's contribution to the anthology The Future of Sustainability by Marco Keiner, published in 2006. The document by Dr. Bartlett from which these were excerpted can be found here. LAWS OF SUSTAINABILITY The Laws that follow are offered to define the term "sustainability." In some cases these statements are accompanied by corollaries that are…

  • Drumbeat: November 6, 2009

    Leanan
    6 Nov 2009 | 6:05 am
    Interview With Ian Gordon IAN: Well I do subscribe to the theory of peak oil. But again, I think the demand for oil is going to drop precipitously. Simply because no one’s gonna be working. Again if we use the idea that 45% of the U.S economy is going to be halted. That means essentially that the same kind of oil demand is the percentage dropping oil demand is also going to occur in the United States. And we are only picking on the United States because she has the largest economy in the world but we are all going be in be in the same boat. So the whole world economy is going to drop by…

  • EROWI - energy return of water invested

    Ugo Bardi
    5 Nov 2009 | 6:15 am
    Energy Return of Water Invested (EROWI). From an article by Robert Service in Science Magazine. The readers of "The Oil Drum" are familiar with the concept of "Energy Return of Energy Invested" (EROI or EROEI). It is the ratio of the energy produced by an energy plant during its life cycle to the amount of energy needed to build, operate and dismantle the plant. EROEI remains one of the most useful parameters that can be used for evaluating an energy technology, but it is not the only one. Another element is the need of water. Water is needed for irrigation of plants to be used as fuel and…

  • What "Lower Consumption" Means

    Nate Hagens
    5 Nov 2009 | 6:06 am
    The following is a guest post by Dan Allen, a high school teacher in New Jersey. Previously on TheOilDrum, Dr. Allen wrote The Speech Obama Needs to Give. Note from the author (Dan Allen): As a high-school teacher, I wanted to give my thoroughly-industrial, suburban-NJ students a more detailed peek at their upcoming post-industrial future. I felt the need to challenge their prevailing mindsets regarding our resource-depletion predicament: the “shorter showers & change the light-bulbs” crowd, the “engineers will surely come to our rescue” folks, and the “problem? -- what…

  • Drumbeat: November 5, 2009

    Leanan
    5 Nov 2009 | 5:30 am
    Kunstler: It's Time to Rebuild Our Passenger Railroad System The world economic fiasco, which I call "The Long Emergency," may be speeding us into a future of permanent nostalgia in which anything that is not of the present time looks good. I say this to avert any accusations that I am trafficking in sentimentality where the subject of railroads is concerned. For the moment, any suggestion that a railroad revival in America might be a good thing is generally greeted as laughable for reasons ranging from the incompetence of Amtrak, to the sprawling layout of our suburbs, to our immense…
 
  • add this feed to my.Alltop
    Forbes.com: Energy News

  • Transcript: Tackling Climate Change

    5 Nov 2009 | 9:00 am
    U.N. Foundation President and former Sen. Tim Wirth on the challenges of implementing greener policies in government.

  • The Carbon Question

    3 Nov 2009 | 2:00 pm
    Expect this December's Copenhagen conference to disappoint backers. Maybe they're looking for answers in the wrong places?

  • Interactive: The World's Dirtiest Power Plants

    3 Nov 2009 | 12:58 pm
    Sixty percent of the world's electricity comes from plants burning fossil fuels and releasing carbon. Many of the highest-emission plants are concentrated in the United States and East Asia. Here, a look at the world's 200 biggest carbon offenders among power plants. Roll over any plant for more information.

  • Bury Our Carbon At Sea

    3 Nov 2009 | 9:00 am
    Here's an innovative business model that may be one way to afford the clean coal chimera.

  • Eat My Carbon

    3 Nov 2009 | 9:00 am
    What to do with the world's fossil fuel pollution? Why not feed it to plants?
  • add this feed to my.Alltop
    RSS Oil & Gas Journal News

  • Investigation into Montara platform incident intensifies

    6 Nov 2009 | 1:50 pm
    November 6,2009 --The Australian government’s Commission of Inquiry will have the powers and authority of a Royal Commission in investigating into the Montara platform incident in the Timor Sea, according the Australian Resources and Energy Minister Martin.......

  • Shrinking to grow: Is Conoco plan a model for industry?

    6 Nov 2009 | 1:30 pm
    November 6,2009 --Although one company doesn’t represent a whole industry, a shrink-to-grow strategy adopted by ConocoPhillips illustrates pressures on the biggest operators in a world of shrinking opportunity.....

  • Former Bank of Montreal gas trader settles CFTC charges

    6 Nov 2009 | 1:20 pm
    November 6,2009 --A former Bank of Montreal natural gas trader will pay a $500,000 fine as part of an agreement settling charges that he mismarked and misvalued the bank’s gas options book and deceived the bank, the US Commodity Futures Trading Commission .......

  • MARKET WATCH: Crude slips below $80/bbl

    6 Nov 2009 | 10:35 am
    November 6,2009 --Energy prices dropped Nov. 5 with crude dipping below $80/bbl, even though the equity market “jumped out of its pants” with the Dow Jones Industrial Average up more than 200 points, said analysts in the Houston office of Raymond Jam.......

  • US rig count continues to climb

    6 Nov 2009 | 10:30 am
    November 6,2009 --US drilling activity increased another 9 units this week with 1,078 rotary rigs working the week ended Nov. 6.....
 
  • add this feed to my.Alltop
    Oil Prices and Oil News @ Oil Marketer

  • WTI drops over $2 on unemployment numbers

    Elaine Frei
    6 Nov 2009 | 12:36 pm
    A new report from the US Labor Department that showed the US unemployment rate grew to 10.2 percent last month send crude oil prices lower on Friday. With unemployment at its highest in over 26 years, there are concerns that demand for gasoline and other oil products will remain weak. December contracts for West Texas Intermediate crude [...]

  • Price for WTI, Brent lower on session

    Elaine Frei
    5 Nov 2009 | 12:20 pm
    The price of crude oil was lower Thursday on continuing worries about demand. Adding to concerns because demand remains weak and the EIA reported that imports of crude into the US fell last week, a report from Cambridge Energy Research Associates, a private energy consultancy, forecast that demand will continue to weaken as more energy efficient [...]

  • Crude prices gain on surprise drop in US stockpiles

    Elaine Frei
    4 Nov 2009 | 12:37 pm
    A weaker dollar pushed the price of crude oil past $80 per barrel Wednesday, while prices were also boosted by a surprise decline in US crude oil and gasoline stockpiles last week. The US Energy Information Administration reported that crude oil inventories, which had been expected to rise by 1.3 million barrels in the week ending [...]

  • WTI, Brent gain more than $1 on session

    Elaine Frei
    3 Nov 2009 | 12:18 pm
    Crude oil prices were up Tuesday after falling in early trade on the news that both Royal Bank of Scotland (LSE: RBS) and Lloyds Banking Group (LSE: LLOY) had received another bailout from the UK government, a sign that the recession might not be ending as quickly as had been hoped. The gains came in anticipation [...]

  • Crude oil prices gain on data

    Elaine Frei
    2 Nov 2009 | 12:18 pm
    The price of crude oil rose Monday on new data indicating that the economy is getting better, raising hopes that fuel demand will rise. Reports from both the US and China showed that manufacturing is those two economies is expanding as the HSBC China Purchasing Managers’ Index rose to 55.4 in October, its highest in a [...]
  • add this feed to my.Alltop
    Energy Bulletin -

  • Renewables & efficiency - Nov 6

    kristinsponsler
    6 Nov 2009 | 7:32 am
    -A Plan to Power 100 Percent of the Planet with Renewables-Farms going green to save and survive-Solar power from Sahara a step closer-Nearly 200 Organizations and Companies Urge Senate to Adopt Key Energy-Efficiency Provision in Climate Bill-Report Argues for a Decentralized System of Renewable Power Generation read more

  • Decline of the Empire — Now What?

    kristinsponsler
    5 Nov 2009 | 7:45 am
    It is now 4 months since I wrote The Decline of the American Empire. The time is ripe for a follow-up. I will tell a sad story first, talk a little about our precarious banking system, and then relate the lessons learned back to my Decline theme. At the end I will talk about what all this means for the loosely structured peak oil "movement". read more

  • Continuously less and less (paper abstract)

    kristinsponsler
    5 Nov 2009 | 6:27 am
    The fundamental enabler of our industrialized American way of life is continuous access to enormous quantities of inexpensive nonrenewable natural resources (NNRs)—energy resources, metals, and minerals. read more

  • More natural gas controversy

    kristinsponsler
    5 Nov 2009 | 5:17 am
    What Arthur Berman is saying is that natural gas companies that extract shale are mis-estimating how quickly natural gas production will decline in the future--they are assuming gas production will decline more slowly than evidence indicates it will. As a result of their optimistic assumptions about decline rates, they are assuming that shale gas can profitably be extracted for as long as 50 years, when Berman believes the average well life is only about 8 years. read more

  • Peak oil notes - Nov 5

    Simone
    5 Nov 2009 | 3:42 am
    A weekly review including: - Production and prices - A leak from the IEA read more
 
  • add this feed to my.Alltop
    OIL INDUSTRY NEWS - Google News

  • Paul L. Bloom, 70 - Washington Post

    7 Nov 2009 | 12:05 am
    Washington PostPaul L. Bloom, 70Washington PostBattling resistance from the oil industry, Mr. Bloom concluded that after new regulations had gone into effect in the 1970s, the petroleum firms had

  • TUC cautions Ghanaians - Peace fm Online

    6 Nov 2009 | 9:16 pm
    TUC cautions GhanaiansPeace fm OnlineHe also asked the government not to focus solely on the development of the oil industry to the detriment of other important sectors of the economy, and more »

  • Starbucks Climbs on Better Outlook - Wall Street Journal

    6 Nov 2009 | 5:45 pm
    Starbucks Climbs on Better OutlookWall Street JournalBut the drop in oil prices was a boon to consumer companies. "There is some push and some pull on the unemployment report," said Craig Peckham, and more »

  • NGO vs CPO - Malaysia Star

    6 Nov 2009 | 4:29 pm
    New York TimesNGO vs CPOMalaysia StarThe attacks on the palm oil industry has intensified as the United Nations Climate Change Conference in Copenhagen next month approaches. Malaysia slams British ban on advertisement: mediaXinhuaDefining 'Sustainable' Palm Oil ProductionNew York TimesWWF Confronted forScoop.co.nz (press release)Malaysia Kini -Treehugger -Business Times - Malaysiaall 16 news articles »

  • US Stocks In Narrow Range As Consumer Companies Gain - Wall Street Journal

    6 Nov 2009 | 9:12 am
    Earthtimes (press release)US Stocks In Narrow Range As Consumer Companies GainWall Street JournalFor energy firms, a more than $2 a barrel drop in oil prices weighed on the sector. Much like the stock market, oil prices were weighed down by the October Stocks Still in Red, Oil Extends SlideBriefing.comStocks Eke Out Small GainsTheStreet.comWeekly Wrap-up - The Dow Jones Industrial Average Gains 310 Points on the WeekSchaeffers ResearchKELOLAND TV -Denver Business Journal -RTT Newsall 182 news articles »
 
  • add this feed to my.Alltop
    TheEnergyNews.com

  • News Update - Friday November 6th

    6 Nov 2009 | 12:00 am
    Suncor reverses trend with Q3 profit – Sunoco cuts costs – Ember Resources Q3 loss – Lion Energy acquires assets – Verenex Energy

  • News Update - Thursday November 5th

    5 Nov 2009 | 12:00 am
    Canadian Natural Resources net income drops – Calfrac Well Services – Trinidad Drilling activity – Fairborne Energy Q3

  • News Update - Wednesday November 4th

    4 Nov 2009 | 12:00 am
    Oilsands spending – TransCanada profit falls 12% - Statoil posts Q3 profit - Alberta suspends licenses for sour gas wells

  • News Update - Tuesday November 3rd

    3 Nov 2009 | 12:00 am
    Talisman makes shale investment – Anadarko Q3 – CriticalControl buys industry software company – Enbridge Income Fund

  • News Update - Monday November 2nd

    2 Nov 2009 | 12:00 am
    Denbury Resources buys Encore – Chevron pumps through weak Q3 – ENOC buys into Dragon Oil – Australian rig blaze
  • add this feed to my.Alltop
    Capital Eye

  • Gay Democratic Fund-raiser Says Money Should Only Support Candidates Who Back Equality

    6 Nov 2009 | 4:03 pm
    A well-heeled Democratic fund-raiser is calling on donors to stop the "gay ATM" to politicians who don't fully support equality for gays, lesbians, bisexuals and transgender people.Once named the most powerful gay man in America by Newsweek, David Mixner is angered by the hands-off approach of President Barack Obama and the Democratic National Committee concerning a failed ballot measure in Maine that would have allowed same-sex couples to marry. He says he's also troubled by Obama not quickly fulfilling his campaign promises regarding rights for gays and lesbians.Mixner now thinks it's time…

  • Carly Fiorina's Political Donations Always Go to Republicans. Sort of.

    6 Nov 2009 | 11:58 am
    It hasn't been three days since former Hewlett-Packard honcho Carly Fiorina formally announced she's running for U.S. Senate in California, and already, some folks in the Republican Party are accusing her of being, well ... too moderate. Exhibit A: The Senate Conservatives Fund political action committee that Sen. Jim DeMint (R-S.C.) leads has said it'll back a little-known, but supposedly righter-wing California assemblyman Chuck DeVore in a GOP primary. The winner would all but certainly face veteran Democratic Sen. Barbara Boxer in a general…

  • Capital Eye Opener: Friday, November 6

    6 Nov 2009 | 3:00 am
    Your daily dose of news and tidbits from the world of money in politics:LIBERALS SEEK TO STRIP JOE: Roll Call reports that Senate Majority Leader Harry Reid (D-Nev.) is unlikely to take punitive action against Sen. Joe Lieberman (I-Conn.) if Lieberman helps Republican filibuster the Democrat's health insurance reform legislation. Still, many liberals have called for Lieberman to lose his chairmanship of the Homeland Security and Governmental Affairs Committee. This week, for instance, the "subvertising agency" Agit-Pop Communications and the liberal-leaning telephone service provider Credo…

  • Congressmen Denouncing U.N. Inquiry Receive Handsome Donations from Pro-Israel Lobby

    5 Nov 2009 | 2:42 pm
    Domestic policies such as health care reform and financial regulation are dominating Congress’ legislative agenda this year. But on Wednesday, the House of Representatives approved a non-binding measure denouncing a United Nations inquiry that found that Israel committed scores of war crimes in its three-week assault last year in Gaza. More than 1,300 Palestinians were killed in the Israeli attack, many of whom were civilians, according to Amnesty International. Headed by South African jurist Richard Goldstone, the inquiry also accused Hamas of war crimes and said both sides should…

  • Capital Eye Opener: Thursday, November 5

    5 Nov 2009 | 7:30 am
    Your daily dose of news and tidbits from the world of money in politics:BIG OIL ALL-STAR: The National Wildlife Federation has released a limited-edition trading card but these bad boys won't have your favorite grand slam baseball player on them. Instead, the first trading card commemorates the amount of cash Sen. Jim Inhofe (R-Okla.) has collected from the oil and gas industry -- $1.2 million since 1989, which is more than any other industry has given the senator. Only four other senators -- past or present -- have brought in more from oil and gas companies, suggesting that the industry…
 
  • add this feed to my.Alltop
    OPEC NEWS - Google News

  • Petroleum Complex Outlook for November 6, 2009 - Inside Futures

    6 Nov 2009 | 4:12 pm
    Petroleum Complex Outlook for November 6, 2009Inside FuturesBearish factors include (1) the rebound in the dollar to a 1-month high, (2) commentsfrom Libya's top oil official who said that OPEC may keep production and more »

  • OPEC output measures not needed for now: Ecuador - Tehran Times

    6 Nov 2009 | 12:07 pm
    OPEC output measures not needed for now: EcuadorTehran TimesQUITO (Reuters) - OPEC measures on production are not necessary for now and the market is on the way to stability in prices, Germanico Pinto,

  • Economic growth and costly oil - Western Farm Press

    6 Nov 2009 | 9:12 am
    MiamiHerald.comEconomic growth and costly oilWestern Farm PressBig oil raked in gigantic profits, setting new records each quarter, while mega-billions flowed into OPEC coffers. In the year-plus of the world trying to NYMEX-Crude ends nearly 3 pct off on jobless gloomReutersall 441 news articles »

  • FACTBOX-Oil company ventures eye Venezuela's Carabobo - Reuters

    6 Nov 2009 | 7:08 am
    FACTBOX-Oil company ventures eye Venezuela's CaraboboReutersCarabobo is an integral part of the OPEC nation's plan to develop its substantial oil reserves in the Orinoco region. It hopes this will boost national Five Consortiums May Bid In Venezuela's Oil Tender - ReportCNNMoney.comWho's the banana republic? Canada versus VenezuelaFinancial Postall 22 news articles »

  • STOCKS NEWS US-November same-store sales seen up 5-8 pct -ICSC - Forbes

    5 Nov 2009 | 11:39 am
    STOCKS NEWS US-November same-store sales seen up 5-8 pct -ICSCForbesAn oil price of $80 a barrel in 2010 is realistic and 'reasonable,' OPEC President Jose Botelho de Vasconcelos said on Thursday. 'At this moment, oil prices and more »
  • add this feed to my.Alltop
    OPEC News

  • Who's the banana republic?

    6 Nov 2009 | 11:10 am
    Venezuela was once the exploited banana republic, and Canada a respected member of the Group of Seven industrialized countries.

  • Oil jumps above $80 despite flat demand

    4 Nov 2009 | 11:03 am
    In this Oct. 19, 2009 file photo, Jessica Szmauz, of Ipswich, N.H., fills her Jeep with gas at a fueling station, in Waltham, Mass.

  • Iraq finalizes oil deal

    4 Nov 2009 | 2:43 am
    Iraq on Tuesday finalized a deal with a British-Chinese consortium to develop its biggest oil field, a deal marking a milestone moment in the OPEC nation's push to lure foreign investors sorely needed to revamp its battered oil sector.

  • Oil rises above $79 on U.S. factory data, gold surge

    3 Nov 2009 | 8:18 pm
    Oil rose above $79 a barrel on Tuesday after data showed U.S. factory orders in September expanded at a quicker pace than expected, signaling potential for more fuel demand in the world's biggest energy consumer.

  • Bomb threat forces evacuation of Kuwaiti school

    3 Nov 2009 | 12:08 pm
    A phone call claiming the presence of a bomb in a Kuwaiti school on Monday forced the evacuation of students and the faculty, the state KUNA news agency reported.
 
  • add this feed to my.Alltop
    OPEC: News & Videos about OPEC - CNN.com

  • Oil recovers to hold above $79

    27 Oct 2009 | 4:30 pm
    Oil rose above $79 a barrel Tuesday as rising gasoline demand in the United States helped investors shrug off a drop in consumer confidence in the world's biggest energy user.

  • Oil prices rally, pullback on horizon

    16 Oct 2009 | 3:14 pm
    Oil prices have vaulted above $78 a barrel this week as investors continue to fret about a weak dollar and the pace of the economic recovery.

  • Oil tops $74 and hits a 7-week high

    13 Oct 2009 | 4:44 pm
    Crude oil rose to a seven-week high above $74 a barrel Tuesday after OPEC raised its 2010 demand forecast and the dollar weakened, boosting demand for commodities.

  • OPEC holds steady on output levels

    10 Sep 2009 | 5:18 am
    OPEC on Thursday agreed to leave current production levels unchanged, citing an oversupplied market and "downside risks associated with the extremely fragile recovery."

  • Oil slides to near $70

    15 Jun 2009 | 3:48 pm
    Oil sold off Monday to settle near the $70 mark as the dollar rose, stocks fell, and a slew of global events put downward pressure on prices.
  • add this feed to my.Alltop
    OIL DRILLING NEWS - Google News

  • Ian R. MacDonald: Prospects, prophecies on offshore drilling - Tallahassee Democrat

    6 Nov 2009 | 11:04 pm
    Examiner.comIan R. MacDonald: Prospects, prophecies on offshore drillingTallahassee DemocratThe Florida Symposium on Offshore Energy — Part I: Oil and Gas considered the prospects of lifting the ban on exploration and drilling in Florida coastal Is China behind the offshore drilling push in Florida?Examiner.comCOLUMN: The other side of offshore drilling — royalties, jobs, energy, and Walton SunOffshore drilling debate heats up in FloridaExaminer.comall 4 news articles »

  • Regulate drilling more closely - Elmira Star-Gazette

    6 Nov 2009 | 9:01 pm
    Herald de ParisRegulate drilling more closelyElmira Star-GazetteIn Colorado the oil and gas industry reported 1435 spills, of which 23 percent contaminated water sources. New Mexico documented 743 incidents of Pennsylvania Tells Drilling Company to Clean Up Its ActProPublicaPa. officials fine drilling firm for tainted wellsThe Associated PressDEP Keeping Tabs on Cabot Gas Drilling in Susquehanna CountyWBNG-TVWBGH -Wilkes Barre Times-Leader -Wayne Independentall 90 news articles »

  • Dril-Quip tops, guides Q4 in line - Investor's Business Daily

    6 Nov 2009 | 5:45 pm
    Dril-Quip tops, guides Q4 in lineInvestor's Business DailyThe maker of offshore oil drilling equipment said Q3 EPS gained 4% to 72 cents ex items, a nickel over views. Revenue grew 4.5% to $138 mil, above estimates Dril-Quip profit slips from a year agoThe Associated PressDril-Quip, Inc. Announces Results for Third Quarter 2009CNNMoney.com (press release)all 83 news articles »

  • President Obama and his Administration appreciate ANWR - Examiner.com

    6 Nov 2009 | 5:06 pm
    President Obama and his Administration appreciate ANWRExaminer.comIt is a magnificent area that could be damaged by oil drilling. Sadly, many Alaskan residents don't feel the same way. More than 75% of Alaskans support

  • Brigham Exploration Co Q3 2008 Earnings Call Transcript - Seeking Alpha (blog)

    6 Nov 2009 | 2:34 pm
    Brigham Exploration Co Q3 2008 Earnings Call TranscriptSeeking Alpha (blog)Lastly, in early 2010, as we transfer from drilling JV wells to non-JV wells, our net interest and therefore our net oil volumes should increase Brigham Exploration Q3 Earnings Plunge - UpdateRTT Newsall 8 news articles »
  • add this feed to my.Alltop
    OFFSHORE DRILLING NEWS - Google News

  • Ian R. MacDonald: Prospects, prophecies on offshore drilling - Tallahassee Democrat

    6 Nov 2009 | 11:04 pm
    Examiner.comIan R. MacDonald: Prospects, prophecies on offshore drillingTallahassee DemocratThe Florida Symposium on Offshore Energy — Part I: Oil and Gas considered the prospects of lifting the ban on exploration and drilling in Florida coastal Is China behind the offshore drilling push in Florida?Examiner.comCOLUMN: The other side of offshore drilling — royalties, jobs, energy, and Walton SunOffshore drilling debate heats up in FloridaExaminer.comall 4 news articles »

  • Unanswered questions over Australian offshore oil spill - World Socialist Web Site

    6 Nov 2009 | 8:02 pm
    Unanswered questions over Australian offshore oil spillWorld Socialist Web SiteThroughout the crisis, the Rudd government has been preoccupied with protecting the image and profits of the multi-billion dollar offshore drilling industry and more »

  • CROSCO extends bareboat charter of jackup rig Ocean King - SYS-CON Media (press release)

    6 Nov 2009 | 11:05 am
    CROSCO extends bareboat charter of jackup rig Ocean KingSYS-CON Media (press release)CROSCO is an integrated onshore and offshore drilling and well services contractor. The company has a fleet of 66 modern drilling, workover and geoservices and more »

  • CORRECT: Dril-Quip 3Q Profit Falls 8.4%; Estimates Topped - Wall Street Journal

    6 Nov 2009 | 7:04 am
    CORRECT: Dril-Quip 3Q Profit Falls 8.4%; Estimates ToppedWall Street JournalDrilling demand and rig counts are off sharply from last year, though offshore drilling hasn't been as vulnerable amid the downturn because the sector tends Dril-Quip tops, guides Q4 in lineInvestor's Business DailyUPDATE 1-Dril-Quip Q3 results beat Wall StreetReutersDril-Quip, Inc. Announces Results for Third Quarter 2009CNNMoney.com (press release)RTT News -The Associated Pressall 83 news articles »

  • Shell Oil deciding on Alaska offshore drilling - Fairbanks Daily News-Miner

    5 Nov 2009 | 11:20 am
    The Money TimesShell Oil deciding on Alaska offshore drillingFairbanks Daily News-Minerby AP ANCHORAGE, Alaska - Shell Oil says it will decide soon on drilling plans next summer for oil and gas in the Beaufort and Chukchi seas. Facing environmental lawsuits, Shell debates Arctic drillingTheNewsTribune.comall 15 news articles »
 
  • add this feed to my.Alltop
    Peak Oil News

  • Natural gas should be the vehicle fuel of the immediate future

    By Sen. Mark Udall and T. Boone Pickens Too often in Congress, and in our political debate, people stake out a position and, in the course of defending that position, refuse to credit anything their opponent is saying. We’ve all seen that. When it comes to passing a clean energy plan for the United States, we need to take a broader, longer look at all of the tools we have at our disposal to accomplish two very important goals: Enhancing national security and reducing our dependency on foreign oil.

  • Wind sector cash inflow may blow small firms away

    LONDON/FRANKFURT (Reuters) - Small wind energy companies could be taken over cheap because fresh funding for the sector is set to flow selectively to bigger names, placing them in a stronger negotiating position. Analysts say the big firms are unwilling to pay premiums for the "pipeline" projects at the smaller players -- wind farms approved or awaiting construction -- which are normally added to current operating assets to arrive at a valuation.

  • First Look at Carbon Capture and Storage

    The world's first power facility to capture and store a portion of its carbon dioxide has begun operating in Appalachia NEW HAVEN, W.Va.—A 100-story smokestack belches a roiling, white cloud of water vapor, carbon dioxide and other leftover gases after burning daily as much as 12,000 tons of coal at the Mountaineer Power Plant—a total of 3.5 million tons a year. The facility just outside the town of New Haven boasts a single 65-meter-high boiler capable of generating enough steam to pump out 1,300 megawatts of electricity—enough to power nearly one million average American homes a…

  • Canada steps up oil sands push in United States

    CALGARY -- Canada has mounted its biggest campaign yet to sell the United States on the energy security benefits of the oil sands as Washington debates new environmental policy, the country's energy minister said on Friday. Canadian Natural Resources Minister Lisa Raitt said she and her staff are lobbying interests in the United States at all levels, trying to send the message that the huge heavy-oil resource in Alberta is being developed responsibly and that U.S. input on environmental fixes is welcome.

  • Chris Smith on His New Doc and the Impending Fall of Civilization

    None of the we’re-totally-screwed documentaries we’ve seen over the past few years could've prepare us for the terrors unleashed on our minds in Chris Smith’s riveting new documentary Collapse (out today). Basically a monologue by writer and thinker Michael Ruppert about the state of the planet and the problem of peak oil (the theory that once our oil resources reach their peak and begin to dwindle, industrial society will crumble along with it), Collapse at first seems miles away from previous films by Smith, which include such hits as American Movie and The Yes Men. And yet, despite…
  • add this feed to my.Alltop
    Wordpress: Tag -- Oil

  • Declassified FBI file: AIPAC staffer spied for Israel

    agaahipk
    7 Nov 2009 | 12:39 am
    A newly declassified Federal Bureau of Investigation (FBI) file indicates that an Israeli intelligence agent was among the staff members of the American Israel Public Affairs Committee (AIPAC). “WFO files disclose that AIPAC is a powerful pro-Israel lobbying group staffed by US citizens,” says the August 13, 1984 document- a secret communication from the FBI Washington Field Office (WFO) to the FBI director. “WFO files contain an unsubstantiated allegation that a member of the Israeli Intelligence Service was a staff member of AIPAC,” it adds. The secret FBI document…

  • Denial and Desire--Waiting to Paint

    mtpittore
    6 Nov 2009 | 11:51 pm
    After the drawing of cats and rock stars from the 60’s. Putting it off until the kid was grown. Putting it off until I had the perfect place to do it. I had referred to myself as an artist–always creating, but never producing. I found art in everything I did, but I never produced a worthwhile thing on paper or canvas. I watched while others, talented and not, produced. Still I waited. Then, after 35 years of waiting, I began to paint. Then it hit me. Like the bus I never had the courage to catch. No more excuses. No more denying the one thing I had wanted but dare not profess.

  • America's Conspicuous Absence in the 11th Hour of Our Earth's Climate Crisis

    Mike Austin
    6 Nov 2009 | 6:38 pm
    From Adopt a Negotiator, here’s Ben Jervey’s report on the United States’ absolute absence of action at the pending climate crisis talks. America’s lead negotiator was appointed by Hilary Clinton, but takes his marching orders from President Obama. There aren’t many times when I embarrassed to admit I’m an American to citizens of other countries. But now is one. If any American wants climate change solved, the only way it’s gonna happen is if you write or call Obama’s office. If you want your children to inherit a world worth living in, take…

  • Oilfan's Paradise

    teofilo
    6 Nov 2009 | 5:50 pm
    Keith Kloor links to Roughneck City, a site that appears to offer a wide variety of oil industry memorabilia and paraphernalia.  I’m not sure who the target audience is, exactly, but there’s some interesting stuff there.

  • Seychelles > Snapshot

    dhowinvestor
    6 Nov 2009 | 3:46 pm
    The Seychelles, an archipelago of over 100 islands in the Indian Ocean off the coast of East Africa,
 
  • add this feed to my.Alltop
    Energy & Society

  • On Discount Rates

    A.V. Elias Suni
    4 Nov 2009 | 1:20 pm
    RFF has published an article by Cameron Hepburn who confuses pure rate of time preference with consumption discount rate. It's troubling that this confusion still keeps popping up among academics. Hepburn says:In contrast to Stern’s prescriptive approach, previous research tended to be “descriptive” in assumptions about discounting, focusing on what we actually do, rather than what we ought to do from an ethical point of view. The focus was on market interest rates, which reflect the sum of many individual choices. Historic market interest rates (ignoring past and present financial…

  • Self-fulfilling Prophecies

    A.V. Elias Suni
    2 Nov 2009 | 4:08 am
    Angela Merkel on Friday:It is realistic to say that in Copenhagen we will not be able to conclude a treatyGuardian, yesterday:"Nobody thinks we will get a full treaty," said a spokesman for the Department of Energy and Climate Change (UK)...Lars Løkke Rasmussen, prime minister of Denmark, said: "We do not think it will be possible to decide all the finer details for a legally binding regime." Hanne Bjurstroem, Norwegian cabinet minister and chief climate negotiator, told Reuters: "I don't believe we will get a full, ratifiable, legally binding agreement from Copenhagen."Our climate…

  • While waiting for the results from the vote on Waxman-Markey

    A.V. Elias Suni
    26 Jun 2009 | 2:07 pm
    Read this posting by the Earth Institute's blog on turning CO2 into a solid carbonate. Having the first large-scale demonstration facility come online in September is a huge thing. Let's hope it works.Who wants some limestone?

  • Message from Detroit to Capitol Hill

    A.V. Elias Suni
    8 Jun 2009 | 12:52 pm
    Jim Oberstar, the chairman of US House Transportation and Infrastructure Committee has proposed a higher fuel tax, making many Democrats nervous about what is "too much" in these difficult times. Obama also opposes the tax hike. I'm inclined to question the logic behind the opposition, whether it's populism or domestic realpolitik.Dave McCurdy, President of the Alliance of Automobile Manufacturers was on EETV today talking about Detroit's challenges on the path to lower car emissions. He said one thing the Obama administration should take heed of:But I think there has to be price signals,…

  • People who get us into trouble

    A.V. Elias Suni
    29 Apr 2009 | 3:41 pm
    I found this latest piece by Robert J. Samuelson via Paul Krugman, who nails some of the most disturbing fallacies in the column:I don’t think there’s a single thing there that’s right. What on earth do business cycles have to do with it? The models may assume growth based on past trends, but they DO ask whether emissions policy would greatly slow growth — and the answer is no. Consumers aren’t assumed to “quickly” use less — the time frame in these models is decades long. And new supplies don’t “magically” appear — they respond to price incentives, which is what…
  • add this feed to my.Alltop
    AOL: Oil Prices

  • Heating Oil Costs Start to Warm Up

    16 Oct 2009 | 4:26 am
    Here's a great example of why they're called futures markets and not presents markets: There's plenty of heating oil to go around -- indeed, inventories are at their highest level in nearly three decades -- and yet prices are going up.

  • Oil Demand Seen Rising Amid Recovery

    13 Oct 2009 | 6:12 am
    Faster economic growth next year, particularly in the developing world, will drive oil demand higher than previously expected, the International Energy Agency said Friday.

  • OPEC Sees Oil Demand Rising in 2010

    13 Oct 2009 | 5:22 am
    OPEC says world oil demand is projected to grow by almost 1 percent in 2010 amid improvements in the global economy.

  • Prominent Investor Predicts $200 Oil

    12 Oct 2009 | 3:18 am
    Prominent investor Jim Rogers, also a commodities bull, insists that oil will move above $200 at some point during the bull market. Rogers' argument is no different from that of most other commodities bulls who predict that a rapid recovery in the global economy will hit oil supplies with unprecedented demand.

  • Citi Sells Unit With $100 Million Trader

    9 Oct 2009 | 10:25 am
    Occidental Petroleum will buy Citigroup's oil and gas trading unit Phibro for $250 million, the companies said Friday
  • add this feed to my.Alltop
    Oil Price

  • Are There Any Realistic Alternatives To Oil And Gas

    6 Nov 2009 | 12:00 am
    As 3rd and 2nd world nations continue to progressively advance toward their goals of joining in on the experience of living the dream of modern society, the world’s demands for energy continue to increase. With serious concerns over confli

  • Silver - Gold's Poorer Cousin Uncovered

    4 Nov 2009 | 12:00 am
    For centuries silver has always played "second fiddle" to its "prettier, more popular cousin," gold. While gold has continued to be the precious metal that everybody wants, loves and adores, wise investors are now beginning to take

  • Interdependence, Integration and Investment:The Ineluctable Need to Find New Emerging Oil Players

    3 Nov 2009 | 12:00 am
    In October 2009, Nobuo Tanaka, Executive Director of the International Energy Agency (IEA), who was presenting at the International Energy Week and at the Oil Congress held in Moscow, predicted a medium-term stabilization of global oil demand in 2010-1

  • How Long Can The Gold Bull Keep On Charging?

    2 Nov 2009 | 12:00 am
    Most financial experts going on record these days seem to agree with the assertion that, at least for now, wise investors in the winter months of 2009 and heading into the spring of 2010, won’t need to travel all the way to the narrow streets Pam

  • The Caspian Fortune Cookie - $12 trillion at Stake; Beijing Happy With "Multiple Pipelines"

    30 Oct 2009 | 12:00 am
    One of the major irritants for international oil companies is when parochial national policies get in the way of their quest for profits. Nowhere is this more evident than in the global feeding frenzy to develop the Caspian’s energy assets.
 
Log in