Barclays’ senior geopolitical strategist Helima Croft is heavily quoted in this piece about the potential for escalating Iraqi violence to negatively impact the country’s oil & gas industry. “If they could get the political and security situation under control, Iraq could have tremendous upside advantage for investors. It would be a fantastic growth story,” said… Keep reading →
The US EPA and DOE released their updated list of most fuel efficient cars on the market in 2014. The all electric Chevy Spark, Honda Fit and Fiat 500e top the list. [Clean Technica] Geopolitical tension in the Middle East has been ratcheting up, first with last month’s Iranian embassy bombing in Beirut and now… Keep reading →
There’s not much to say from the comfort of Washington about troops celebrating on the front lines around the world. They’re in Afghanistan battling the Taliban, Al Qaeda, and the Haqqani network, like the young man pictured in our top photo. They’re in the Philippines flying Ospreys, treating kids for wounds and getting food to… Keep reading →
The exact circumstances surrounding the kidnapping – and subsequent release – of Libyan Prime Minister Ali Zeidan by an anti-crime unit in Tripoli last night aren’t totally clear. But as short-lived as the event proved to be, it had a big impact on oil markets. “The oil market was reminded overnight that the geopolitical risk… Keep reading →
The US energy landscape today compared with 10 years ago is virtually unrecognizable, as the script with regard to import-dependent demand has been flipped to a potential export story. The seemingly moribund US natural gas industry characterized by decreasing reserves and production is now the apple of the world’s eye, with governments and private companies… Keep reading →
“There has rarely been a more compelling time to invest in energy,” said Barclays analysts in their latest Global Energy Outlook, released this morning. Here are four key takeaways: Oil price risk has swung from downside to upside, thanks to geopolitical risk. Geopolitical risk has supplanted US production growth as the big global story in… Keep reading →
JP Morgan may be on the verge of the largest payment ever to the Federal Energy Regulatory Commission, at close to $1 billion, related to allegations that the bank manipulated electricity markets in California and the Midwest. The deal is not yet finalized, but the conversations highlight an increasingly aggressive stance taken by a little-known… Keep reading →
Forget Syria, Here’s a Real Oil Market Supply Concern
By Jared AndersonIt made for great headlines, but the Syrian conflict never posed a serious risk to global oil supplies. Syria’s domestic production has dwindled and civil war ground exports down to virtually nothing last year. Escalating violence in Egypt, however, presents much more serious global oil market risk. Insurgents displeased with the ouster of Muslim Brotherhood… Keep reading →