The Polar Dash for Oil
Written by Keith KohlPosted December 29, 2006As companies rush to find the new fields that will satiate our world's increasing demand for oil, their mad dash has pushed them to the ends of the earth, literally.
We Don't Know Jack
Written by Brian HicksPosted December 21, 2006Business Weeks claim that exotic offshore production from fields like Jack will tip the balance of supply and demand in the long term is a reprehensible speculation, just another verse in the swan song about cheap oil and endless economic expansion.
OPEC Admits New Member: More May Follow
Written by Luke BurgessPosted December 15, 2006For the first time in over two decades, the Organization of Petroleum Exporting Countries (OPEC), which already produces over a third of the world's oil supply, extended its influence by admitting a new member, Angola, into the oil cartel.
The Shift From Petrodollar to Petroeuro is Here
Written by Luke BurgessPosted December 12, 2006According to the latest quarterly review from the Bank for International Settlements (BIS), oil-producing countries have reduced their U.S. dollar exposure to the lowest level in two years. Crude exporters are reportedly shifting oil income into euros, yen, and sterling as a hedge against a continuing tumble in the USD. This shift from petrodollar to petroeuro will have a catastrophic effect on the American economy.
Commonwealth of Common Sense
Written by Brian HicksPosted November 17, 2006One of the world's most expansive ethnic groups sits on vast quantities of fossil fuel reserves, spread out across national and even continental boundaries. Turkey, the nominal head and economically most mature of these, should turn its far-flung cousins to a renewable energy horizon.
Where You Can Find Gas to Fuel the World for 4,000 More Years
Written by Keith KohlPosted October 31, 2006Unless youre talking to one of the worlds few oceanic geologists, methane hydrates would most likely be an unfamiliar term. Yet these massive deposits of methane gas could turn into the next major energy source. And with the right push, they could be worth an inestimable amount of money one day soon.
Ethanol might as well be rocket fuel for this stock
Written by Brian HicksPosted September 21, 2006Forget the recent drop in gas prices. Smoke and mirrors don't hide the real picture for that long. Countries and companies worldwide know that a long-term strategy for energy security involves not just the soot of the earth but the fat of the land also.
More Than a Lot of Hot Air
Written by Brian HicksPosted August 29, 2006Like most entrepreneurs Roger Davey is a man that sees something that very few other people do. Because of it he takes risks, he works hard, and he pushes his dream down a road with no sure answers. And like most monomaniacs his dream will either end in the Promised Land or at the bottom of a cliff.
The Experts Agree: Oil Demand Will Skyrocket
Written by Brian HicksPosted August 21, 2006A few days ago the International Energy Agency (IEA) -- a Paris-based institute that acts as an energy policy advisor to 26 countries worldwide -- leveled out their outlook for global oil demand growth for this year. The organization estimated that when everything is all said and done, global demand will have only averaged 84.78 million barrels a day (MMbbls/d) in 2006.
The World's Largest Oil Field is Dying
Written by Luke BurgessPosted August 9, 2006Believe it or not... One oil field accounts for 6.25% of the world's daily global production -- about 5 million barrels a day...
Rust Never Sleeps...
Written by Brian HicksPosted August 8, 2006Maybe somebody ought to give the fellas over at British Petroleum (BP) Neil Young's phone number. Had they only known that rust never sleeps, we might have avoided the market shock that sent oil prices to record levels on Monday.
The Great Oil Reserve Swindle
Written by Luke BurgessPosted August 1, 2006OPEC is the true 800-pound gorilla of the oil game. The cartel is officially estimated to control over 887 billion barrels of proved oil reserves -- supposedly two-thirds of the world's remaining proven supplies. But while these reserves seem massive, you have to realize one very important fact...
Let's Talk Turkey
Written by Brian HicksPosted June 15, 2006My oil world expanded about five years ago. I sat in a solarium just off the food court at the University of Kansas student union, talking with two men who said they were from Turkey and Azerbaijan, respectively. They wore suits, unlike most of the foreign students I conversed with. When I asked why, they told me, "We are petrochemical engineers, and we're here because we need help building a pipeline."
Zero-Energy Fantasy Land?
Written by Brian HicksPosted April 28, 2006Though I wasn't in Scotland anymore, the man next to me on the train was Scottish.
The Capulets and Montagues
Written by Luke BurgessPosted January 31, 2006With the coal and natural gas markets booming, land disputes between the two industries are heating up.