Saudi prince Alwaleed bin Talal made headlines this week when he stated oil prices would never again exceed $100 per barrel. Surly several analysts would advise him to “never say never,” but the prince also spoke about allegations that Saudi Arabia is deliberately forcing down oil prices in order to hurt Russia. Here’s how the prince… Keep reading →
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We will never sell or share your information without your consent. See our privacy policy.US Energy Renaissance Brings Important Foreign Policy Choices
By Roman KilisekTwo timely research studies from think tanks inside the Beltway address energy security with particular focus on America’s new role in rearranging the established global energy order. This order is in flux precisely because of the renaissance in the American energy sector ignited by its shale (tight) oil and gas boom. Over the last decade,… Keep reading →
Oil Price Leverage Over Russia in Ukraine Crisis
By Roman KilisekFollowing Russian annexation of the Crimean Peninsula, tensions between the West and the Kremlin have been dangerously simmering. Meanwhile, the spotlight has moved to Eastern Ukraine where unmarked soldiers appear to be keen on destabilizing the situation further. Anti-Ukrainian agitators seized government buildings and police stations making a mockery of Kiev’s sovereignty. This sets up an ideal breeding… Keep reading →
Energy News Roundup: US Energy Export Political Bluster and Sechin’s Charm Offensive
By Jared AndersonThe US LNG export debate received a shot in the arm for the Ukraine crisis, with several government officials calling for wholesale LNG export license approval that could ostensibly allow US companies to ship LNG to European gas consumers in the event of a Russian-initiated supply shortage. The only problem with that logic is exports… Keep reading →
Imposing ‘High Costs’ on Russia Would be Costly for All Involved
By Roman KilisekOne day after a disputed and widely deemed unlawful referendum in Crimea, the Crimean Parliament declared Crimea’s independence from Ukraine, formally asking Russia to annex it, the New York Times reports. This comes after 96.6% of voters in Crimea support joining Russia. With this, the crisis in the Ukraine hit its peak to date and… Keep reading →
In one of the better pieces dealing with European gas supply issues associated with the Russia-Ukraine political crisis, this article cites a recent study published by the Oxford Institute for Energy Studies which pinpoints Ukrainian fiscal instability as the most likely cause of a European gas supply disruption. “The difficulties that Naftogaz Ukrainy is having,… Keep reading →
US natural gas in storage could reach a symbolic low this week. Extreme cold throughout the country is sending heating demand soaring, which is sucking gas from storage at record levels. “Natural gas in underground storage hasn’t dropped below 1 tcf since 2003, but the latest EIA report showed inventories on February 14th at 1.4 tcf and… Keep reading →