Regardless of the meeting's result, the trend is clear. Non-OPEC supply - led by the declines in U.S. shale - was down 690,000
Conventional wisdom about clean energy is wrong.
What we're seeing is a sea change in elite thinking on the future availability and attractiveness of fossil fuels. There are good reasons to be deeply skeptical of such claims, but that hardly matters when they are gaining traction in Washington and on Wall Street.
Whenever I bring up the importance of getting America the energy plan it deserves, someone always says, "Boone, let's not pick winners and losers. Let's let the market decide." There's only problem with that statement.
* U.S. retail gasoline averages $3.5918/gallon The retail price of regular gasoline in the United States has risen for seven
At least one sector of the economy could reep large benefits from the price spikes: the green economy. A large reason for
(AP) VIENNA — An OPEC report suggests that world demand for its oil is outstripping the present supply. The monthly demand
Iran and the upsurge in political tension associated with this year's Arab world unrest was again seen by analysts as the
The market fails at giving a timely signal to prepare for "peak oil." Given that we can't invest trillions on the basis of mere speculation, where are we going to get the data on the basis of which to prepare in time?
No matter where you look, it is becoming increasingly clear that tomorrow's oil supply is going to come from very different places than today's.