Top 12 Media Myths On Oil Prices
Apr09

Top 12 Media Myths On Oil Prices

Top 12 Media Myths On Oil Prices by Dan Doyle The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There’s a constantly evolving learning curve. And then there’s all the regulations and compliance. But all-in-all it’s pretty straight forward, that is, until the media gets a hold of it....

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How a Mandatory IAEA Mechanism Saved the Iran Nuclear Talks (Le Monde, France)
Apr02

How a Mandatory IAEA Mechanism Saved the Iran Nuclear Talks (Le Monde, France)

What was it that saved the Iran nuclear talks from what seemed imminent collapse just over 24 hours ago? For Le Monde, special correspondent Yves-Michel Riols writes that when the deadlock over lifting sanctions on Iran seemed insurmountable, it dawned on negotiators that even if an immediate lifting of sanctions were agreed to, the IAEA will first have to confirm that Iran’s nuclear program is entirely non-military – a...

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Iran’s winning hand in talks with US
Mar31

Iran’s winning hand in talks with US

Iran is well on the path to winning on almost all fronts whichever way the ongoing talks on its nuclear programs pan out tomorrow in Lausanne, Switzerland, or in the near future. Iran is winning in Lausanne because its nuclear fuel enrichment programs will simply be delayed by a maximum of 15 years and will not be prohibited definitively, whatever the framework deal’s contents this week and subsequent conclusions in June. In return,...

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Keystone Legislation ‘Has Earned My Veto’
Feb24

Keystone Legislation ‘Has Earned My Veto’

Keystone Legislation ‘Has Earned My Veto’ Keeping his promise, U.S. President Barack Obama vetoed legislation that would have expedited the approval of the Keystone XL pipeline. This is the third veto issued by Obama since he took office six years ago. Republicans in the House and Senate will now have to decide whether to attempt to override the veto. It appears...

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Racing Extinction (Movie Review)
Feb11

Racing Extinction (Movie Review)

In the opening act of Racing Extinction, director Louis Psihoyos confesses that nothing is worse for the environment than making a movie about it, a heavy fact for someone as committed to awareness as he. If you’re going to succumb to a necessary evil, do it with the poignancy and desperate grandiosity of Psihoyos. With Racing Extinction, he and his team have created a loud, richly felt cry for the future of every species with which...

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‘Made in America’  Just a Political Slogan to Conservatives
Feb07

‘Made in America’ Just a Political Slogan to Conservatives

Conservatives in Congress have once again proven they are un-American and unpatriotic. This time, it’s because of their fierce approval for the construction of the Keystone XL pipeline. The pipeline, being built and run by TransCanada, will bring tar sands oil from Alberta to the Gulf Coast. All the oil will be exported. Major beneficiaries, including House Speaker John Boehner, are those who invest in a Canadian company. Opponents...

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Cartoon: Jed Clampett Oil Prices
Jan25

Cartoon: Jed Clampett Oil Prices

See great cartoons by all the top political cartoonists at http://cagle.com. To license this cartoon for your own site, visit...

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Divesting America of Ozone-Destroying Energy Sources
Jan24

Divesting America of Ozone-Destroying Energy Sources

Long before the price of gas and oil began to plummet, socially conscious churches, universities, non-profit organizations, and local governments began to divest themselves of fossil fuel stock and shock the fossil fuel industry to understand the environmental and public health concerns. The World Council of Churches, which represents about 590 million Christians in 520,000 congregations, decided in July that to continue to hold...

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Senate Republicans Agree Climate Change Is Real But Continue To Deny Cause
Jan23

Senate Republicans Agree Climate Change Is Real But Continue To Deny Cause

With Republicans controlling the Senate, Democrats are largely limited to symbolic votes. Democrats wanted to attach an amendment to the Keystone XL Pipeline bill which would get Republicans on record with regards to climate change. There was little difficulty in passing an amendment agreeing that climate change is real, and not a hoax. Only one Republican, Roger Wicker of Mississippi, voted no. The catch is that, while they agreed...

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The Real Cause Of Low Oil Prices: Interview With Arthur Berman
Jan18

The Real Cause Of Low Oil Prices: Interview With Arthur Berman

The Real Cause Of Low Oil Prices: Interview With Arthur Berman by James Stafford With all the conspiracy theories surrounding OPEC’s November decision not cut production, is it really not just a case of simple economics? The U.S. shale boom has seen huge hype but the numbers speak for themselves and such overflowing optimism may have been unwarranted. When discussing harsh truths in energy, no sector is in greater need of a...

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Energy Crisis As Early As 2016
Jan07

Energy Crisis As Early As 2016

Energy Crisis As Early As 2016 By Dan Steffens Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and the price of gasoline is under $2.00/gallon in Texas. If oil supply falls too far, we could see gasoline prices doubling within 18 months. For a commodity as critical to our standard of living as oil is, it only takes a small shortage to drive...

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A Vast Number of  New Jobs to Be  Created in and by  New Congress  (Updated)
Jan06

A Vast Number of New Jobs to Be Created in and by New Congress (Updated)

Update: And this is no satire: As the New Republican Congress gets ready to vote on a bill to approve construction of the Keystone XL pipeline, the White House is sending signals that President Obama would veto such legislation. While the bill is all but guaranteed to pass the Senate, it is not clear whether there will be enough votes to override a presidential veto. In the meantime, an article in The Hill states most clearly, in my...

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Did The Saudis And The US Collude In Dropping Oil Prices? (Guest Voice)
Dec30

Did The Saudis And The US Collude In Dropping Oil Prices? (Guest Voice)

Did The Saudis And The US Collude In Dropping Oil Prices? by Andrew Topf The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through its OPEC Trojan horse, for driving down the price, thus causing serious damage to the world’s major oil exporters – most notably Russia. While the market explanation is...

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The Fracking Boom is a Fracking Bubble
Dec26

The Fracking Boom is a Fracking Bubble

Gas prices have plunged to the low $2 range—except in Pennsylvania. In Pennsylvania, the prices at the pump are in the mid-$2 range. That’s because Gov. Tom Corbett and the legislature imposed a 28-cent per gallon surcharge tax. Until 2019, Pennsylvanians will be paying an additional $2.3 billion a year in taxes and fees—$11.5 billion total—to improve the state’s infrastructure. In addition to the increased tax on gas at the pumps,...

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Obama-Putin clash: Ringing alarm bells
Dec04

Obama-Putin clash: Ringing alarm bells

Alarm bells should be ringing in Washington because of two significant events in Europe today likely to speed up processes already underway to weaken the transatlantic economic partnership. President Barack Obama has been pushing Europe strongly towards economic and political clashes with Russia’s Vladimir Putin because of Moscow’s annexation of Crimea and armed interference in Ukraine. The US-Europe allies should now be concerned...

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How Americans Came to Oppose Fracking
Nov22

How Americans Came to Oppose Fracking

by Walter Brasch For the first time since high volume horizontal hydraulic fracturing, commonly known as nonconventional fracking, was developed, more Americans oppose it than support it. According to a national survey conducted by the independent non-partisan Pew Research Center, 47 percent of Americans oppose fracking, while 41 percent support it. This is a 7 percent decline in support from March 2013, and a 9 percent increase in...

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The Republican War on Science and Education
Nov18

The Republican War on Science and Education

While America and other western nations are concerned about climate change and ISIS, Republican conservatives take stances similar to some of those of ISIS and Boko Haram. The conservative wing of the Republican Party, which seems to dominate the party’s ideology, appears to be waging its own war against science and education. (Fortunately, they’re not quite as brutal in how they handle women as their Islamic counterparts.) Some of...

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Despite Solyndra, Energy Loan Program Now Making A Profit
Nov14

Despite Solyndra, Energy Loan Program Now Making A Profit

Before Republicans became obsessed with Benghazi, and now putting far more significance on Jonathan Gruber’s comments on the Affordable Care Act than, as I explained earlier in the week,  there actually is, they loved to scream about Solyndra. Solyndra was granted loan guarantees under a program which was started under George Bush and expanded in Obama’s stimulus program. Never mind that the entire stimulus package was highly...

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The Driving Force Behind the US Oil Boom (Guest Voice)
Nov07

The Driving Force Behind the US Oil Boom (Guest Voice)

The Driving Force Behind the US Oil Boom by James Stafford of Oilprice.com The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics. Behind the stardom of the explorers and producers who have put themselves on the revolutionary shale map and absorb most of the risk—are the service providers who make up a highly lucrative market...

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Russia warns it’s coming for the Arctic’s oil, including an area Canada claims as its own
Oct31

Russia warns it’s coming for the Arctic’s oil, including an area Canada claims as its own

MOSCOW – Russia has warned that it will revive its claim to a huge swathe of the Arctic in the hope that it can secure the rights to billions of tons of oil and gas. Moscow has long seen the seabed off its northern coastline as a mine of valuable hydrocarbons and is keen to...

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