Should anyone be concerned about the continuing rivalry between Japan and China over pursuit of the world’s oil and gas? It may be well to remember some history.
While 2009 will be characterized by uncertainty, lower oil and gas prices, a hostile Congress, demand shrinkage, and major investment pullbacks by the global oil and gas industry...
US natural gas, particularly shale gas, will receive increasing attention in 2009 because crude oil is becoming increasingly difficult and expensive to find and produce.
Peak oil theory is important both to consider and to keep in perspective, especially as government activism regains traction in the world’s largest oil-consuming country.
There’s a Texas tall tale about legendary cowboy Pecos Bill who succumbed to his new bride’s pleas to ride his wild mustang, Widowmaker—a one-man steed previously ridden only ...
The world oil market is being shaken by “a recession shock” that affects all conventional, alternative, and renewable energy,” said the chairman of Cambridge Energy Research Associates...
Even as a winter storm dumped snow and ice on the US Midwest and East Coast during Christmas week, markets remained unconvinced the Organization of Petroleum Exporting Countries...
Analyst Business Monitor International (BMI) predicts that the US will account for 89.87% of North American regional oil demand by 2012, while contributing 65.63% to its supply...
General Interest Quick TakesNPRA, others ask for more ethanol blend testsFourteen organizations, including the National Petrochemical & Refiners Association, on Dec. 18 called...
Global spending for exploration and production is expected to decline 12% to $400 billion in 2009—“a reversal after 6 years of global growth,” said analysts at Barclays Capital...
Barack Obama formally nominated US Sen. Ken Salazar (D-Colo.) on Dec. 17 to lead what the president-elect termed a “deeply troubled” Department of the Interior.
US drilling fell for the fifth consecutive week, down by 26 rotary rigs to 1,764 still working during the week ended Dec. 19, compared with a rig count of 1,809 in the same period...
The letter by Jeff Temple (OGJ, December 8, 2008, p. 14) on my letter (OGJ, Nov. 3, 2008, p. 12) has about a dozen areas deserving comment. I will cite six.
