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OPEC Meeting and The Price of Oil: Russia’s Biggest Worry and Saudi Arabia’s ‘Tour de France’ Strategy

OPEC Meeting and The Price of Oil: Russia’s Biggest Worry and Saudi Arabia’s ‘Tour de France’ Strategy

Russian officials already in the unenviable position of dealing with the impact of Western sanctions on their national economy as reflected in a tumbling ruble – in spite of continuous Central Bank interventions – and capital outflows, now face the possibility of a recession looming in 2015, according to recent World Bank projections. Russia: Policy Uncertainty… Keep reading →

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Senators Hold News Conference To Urge Obama To Approve Keystone Pipeline

Last week, after legislators returned from an election where some campaigned heavily on energy-related issues like the Keystone XL Pipeline, the Republican-controlled House of Representatives again voted to send legislation approving that project to the President’s desk. Then, the outgoing Democratic Majority in the Senate also took action, though it failed to reach the 60-vote… Keep reading →

A picture taken on June 05, 2010 shows t

Energy Department Authorizes Freeport LNG to Export Liquefied Natural Gas WASHINGTON – The Energy Department announced today that it has issued two final authorizations for Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC (Freeport) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the… Keep reading →

Extended Artic Temperatures Cause Propane Shortage In Midwestern States

The energy industry is in the midst of a digital renaissance, thanks to the union of mobile devices and real-time intelligence. The latter enables providers of propane, butane and home heating oil to streamline operations, save money and transform the way they do business. I refer, specifically, to that elusive ideal known as – that… Keep reading →

Lisa Jackson Testifies At Hearing On Impact Of EPA Regulation On Agriculture

FERC proposes to establish a framework that allows pipelines to use surcharge or tracker cost-recovery mechanisms to accelerate system improvements associated with new safety and environmental compliance regulations.

On November 20, the Federal Energy Regulatory Commission (FERC) issued a proposed policy statement setting forth guidance that, if adopted, would permit natural gas pipelines to use cost trackers or surcharges to recover certain costs that pipelines incur in connection with facility and infrastructure upgrades undertaken in response to regulatory requirements.[1] Comments will be due within 30 days of the date the notice is published in the Federal Register.

(L-R) Nigeria's head of delgation and OP

Oil market observers will take a break from their Turkey preparations this Thursday to see whether Opec producers decide to cut oil output in a bid to stabilize prices. The meeting being held in Vienna will be long over by the time folks in the US sit down to Thanksgiving dinner. But there is no… Keep reading →

Beijing Enveloped In Heavy Smog

The world is constantly and almost instantaneously transforming right before our eyes. Given the complexity and interconnectedness of resulting emerging challenges it is advisable for policymakers to attempt to get ahead of the curve. This is exactly what the World Economic Forum’s “Outlook on the Global Agenda 2015” is envisioned to offer to a broad… Keep reading →

Tankers Leave Oil Refineries As Strike Action Looms

For months we’ve been pointing out the brokenness of the Renewable Fuel Standard (RFS), the federal law requiring ever-increasing use of ethanol in the nation’s fuel supply. We’ve written about the impending “blend wall,” the point where the RFS would require blending more ethanol into gasoline than could be safely used as E10, potentially putting motorists at risk… Keep reading →

China To Build 30 Nuclear Plants By 2020

In recent months, spot prices for uranium have rebounded. It’s a welcome relief to uranium miners, who have dealt with plunging prices since 2007 (and again after the tsunami and subsequent nuclear disaster in Fukushima, Japan). The rise in prices hasn’t been enough to propel a renaissance in the uranium mining industry, but some companies… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

How do you detect a colorless, odorless gas? It’s an important question especially when that invisible gas is as damaging as what comprises oil and gas pollution. We are talking about hazardous air pollutants (benzene), ozone precursors (volatile organic compounds), and greenhouse gases like methane– a gas that is more than 80 times more damaging than… Keep reading →

California Continues To Lead U.S. In Green Technology

Power prices for electricity generated from wind and solar technology have dramatically decreased over the past 5 years to the point where wind and solar are cheaper than gas or coal in parts of the US. In some places it also appears renewable energy sources can beat fossil fuels on price without subsidies, although renewable… Keep reading →

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