…business with renewable energy is looking good. Gas and diesel users are losing (here’s my price tracker). The geo-political risks of oil have never been clearer. The increase of oil…

…affect oil prices without causing large inventories of oil above the ground is false unless I can explain what is different now compared to a year ago. This is possible…

rdan The LA Times reports on news regarding shale oil development: Salt Lake City – A titanic battle between the West’s two traditional power brokers – Big Oil and Big…

…about 13 million acres are actually producing oil and gas. _ Offshore, only 10.5 million of the 44 million leased acres are currently producing oil or gas. _ Combined, oil…

…image. Dr. Nouriel Roubini suggests that $70 oil may have a significant impact on the US economy: ” … if oil prices were to drift towards $70 and stay there…

…the spike in oil prices right now is Hurricane Ivan, so we’ll see prices fall substantially again soon. Today, despite its recent surge, the average price of crude oil in…

Chris Martenson at Peak Prosperity emphasizes aspects of oil and gas markets often left out of discussions, something our own Spencer England has remarked upon as well in Oil industry…

Middle East is cutting oil prices. My guess is their wanting to stymie US production which is more expensive. A runup to the late sixties oil embargo without the embargo….

…has pipelines from the Gulf oil pools to the Red Sea. Furthermore, while Iran almost certainly can make a big mess in the Strait, most observers think it probably cannot…

…fifth to a quarter of the world’s seaborne oil trade passes, has come to a near halt since U.S. and Israeli missile strikes began against Iran. Oil prices surged from…