Posts Tagged ‘
Oil ’
Jul 15th, 2009 |
By Gail Tverberg |
Category: Featured, International, Oil
Can plaintiffs in a lawsuit generate infinite favorable publicity, yet have virtually no substance to back up their claims? The Amazon Defense Coalition (ADC) has found a way to play into many peoples’ concerns about oil companies—but with very little substance behind their accusations. ADC is shaking down Chevron for ...
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Tags: Chevron, Oil, Texaco
Posted in Featured, International, Oil |
12 comments
Jun 17th, 2009 |
By Matt Insley |
Category: Energy, Featured, Oil, Politics
There I was, surrounded by thousands of barrels of Kentucky’s finest -- seemingly, enough bourbon to get every of-age taxpayer in the U.S. a little tipsy. By any stretch of the imagination, this place was paradise. Rolling hills as far as you could see and the air was thick with ...
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Tags: mileage, Oil, taxes
Posted in Energy, Featured, Oil, Politics |
3 comments
Jun 15th, 2009 |
By Byron King |
Category: Featured, Oil
"It's only gas," said the geologists. And wow, were they ever frustrated…
The year was 1959. The geologists were in the Netherlands, near a small town named Groningen, at the southern edge of the North Sea. They worked for Shell and Esso (now Exxon Mobil) and were drilling a well. Instead ...
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Tags: drilling, natural gas, Oil
Posted in Featured, Oil |
No Comments »
Jun 12th, 2009 |
By Byron King |
Category: Energy, Featured, International, Oil
Brazil is making a national commitment to develop energy resources located far offshore in the South Atlantic. Indeed, no nation has ever advanced such an ambitious plan for long-term comprehensive offshore development. And it's being bankrolled by China.
Much of Brazil's South Atlantic development will require drilling wells in waters up ...
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Tags: Brazil, China, Oil, rare earths
Posted in Energy, Featured, International, Oil |
5 comments
Jun 12th, 2009 |
By David Eichler |
Category: Featured, Morning Whiskey
James Howard Kunstler has eloquently argued in The Long Emergency that cheap oil makes globalism possible. Transporting goods across the globe costs energy, and, when energy costs enough, local production becomes more economical than global. For now and the near future, however, it still costs not only less money, but ...
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Tags: Energy, Globalism, Oil
Posted in Featured, Morning Whiskey |
2 comments
Jun 3rd, 2009 |
By Byron King |
Category: Featured, Oil
When most people think of oil, they think of light, sweet crude that comes up out of little holes in the ground. You describe oil by its API gravity. For example, oil like Brent crude or West Texas Intermediate has an API gravity of 38-40. The oil that Col. Drake ...
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Tags: Energy, Oil
Posted in Featured, Oil |
5 comments
May 26th, 2009 |
By James Howard Kunstler |
Category: Featured, Macro Economics, Oil
Something like a week remains before General Motors is reduced to lunchmeat on industrial-capital's All-You-Can-Eat buffet spread. The wish is that its deconstructed pieces will re-organize into a "lean, mean machine" for producing "cars that Americans want to buy," and that, by extension, the American Dream of a Happy Motoring ...
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Tags: banks, Oil, stagnant incomes
Posted in Featured, Macro Economics, Oil |
5 comments
May 20th, 2009 |
By Byron King |
Category: Featured, Oil
I was in Houston this month, attending the Offshore Technology Conference. I have to confess that I’m humbled. Really, for as much as I think I know about the energy biz after a mere 30-plus years… a walk (a LONG walk, to be sure) around the packed floor of the ...
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Tags: Brazil, drilling, Oil
Posted in Featured, Oil |
6 comments
Apr 14th, 2009 |
By James Howard Kunstler |
Category: Featured, Macro Economics
It's a curious symptom of the consensus trance zombifying the American public and its auditors in the media that something like a "recovery" is now deemed to be underway. And, as events compel me to repeat in this space, it begs the question: recovery to what? To Wall Street booking ...
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Tags: economic recovery, Golman Sachs, Oil
Posted in Featured, Macro Economics |
6 comments
Apr 2nd, 2009 |
By Byron King |
Category: Energy, Featured, International, Oil
For many years, we in the West have worried about Iran closing the Straits of Hormuz to oil tanker traffic. An abrupt closure would instantly spike oil prices well into three-digits, and immediately change the energy equation of the world. Indeed, many geostrategic scholars believe that closing the Straits of ...
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Tags: Oil, oil traffic, Persian Gulf
Posted in Energy, Featured, International, Oil |
5 comments
