You may not know this, but the United States is already the largest natural gas producer in the world, according to the U.S. Energy Information Administration, and is estimated to produce more oil than Russia and Saudi Arabia in 2013. The U.S. greatly reduced its dependence on foreign energy imports in a very short time.… Keep reading →
The spread between benchmark crude oil prices for WTI and Brent recently widened to over $10 per barrel after reaching parity this past summer, and signals indicate this is partially due to an oversupplied US Gulf Coast refining center. It also suggests that equity investors might want to be wary of US Exploration & Production… Keep reading →
Where do we begin? Breaking Energy featured the Russian energy business in a recent Quote of the Day and it’s not that we’re picking on the country, but the murky world of Kremlin insiders – many former KGB personnel – running oil and gas companies with shares listed on public exchanges is nothing short of… Keep reading →
Anyone who thought economics was the dismal science should try civil engineering.
Despite more than a quarter of a trillion dollars in investment from 2001 to 2010 the US is still facing an enormous shortfall in electricity infrastructure. That decade was marked by higher spending on reliability in the years that followed the high-profile California blackouts and were interrupted by an equally notable New York City blackout. Keep reading →
