The Energy Information Administration’s most recent Short-Term Energy Outlook points to an uptick in natural gas demand that could help take some of the slack out of the market, but other forecasts suggest that the EIA’s production expectations are too conservative. If that is the case, the supply overhang could persist for some time, absent a… Keep reading →
Investment bank Raymond James has updated its US oil and natural gas liquids production forecast, with new estimates suggesting that the country could produce enough oil to satisfy domestic demand in less than ten years’ time. “The U.S. could easily be approaching the ‘holy grail’ of net oil ‘energy independence’ toward the end of the… Keep reading →
Investment bank Raymond James published a note to investors today examining assertions that US oil production growth may be slowing in light of Energy Information Administration data over the last three weeks showing that supply has risen by 284,000 barrels per day since early July – almost 95,000 bbl/d per week. “Many in the investment… Keep reading →
By Herb Greenberg SolarCity, with its shares up more than 50 percent in a little more than a week, may go down as the poster child of the sizzling market for this round of nuttiness for solar stocks. Yet, as Raymond James analyst Pavel Molchanov is quick to point out, the market gains are after… Keep reading →
America’s oil refiners are preparing to intensify efforts to press the federal government to drop mandates to encourage the development of advanced biofuels and counter the Obama administration’s “war on fossil fuels.”
The Renewable Portfolio Standard requires that 36 billion gallons of renewable fuel be blended with petroleum-based products by 2022 under the Bush-era Energy Independence and Security Act of 2007. Keep reading →
Much like alchemists toiling away in their medieval labs, contemporary firms are trying to find oil out of every other substance that might contain carbon. The challenges are manifold, but the potential prize is huge.
Accelergy, a Houston, Texas-based alternative fuels startup, is trying to commercialize its technology to convert various combinations of coal, natural gas and biomass into a liquid fuel. Keep reading →
Biocrude could soon be cheaper and more efficient than traditional crude oil.
One of the challenges for fuel derived from biological materials is the impact it can have on machinery and pipelines, leading to competing technical fights over the proportion of fuels like ethanol that can be shipped or used in the US transportation industry. Keep reading →
Oil companies using steam-driven enhanced oil recovery now have a cheaper and greener option.
Instead of using natural gas to generate the steam that is injected into reservoirs to force oil to the surface, GlassPoint Solar, a Fremont, California-based company has developed a new technology that utilizes solar power. Keep reading →
