Blog Archives

Energy New Front in Economic Warfare

2012-10-03
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Opposition leaders in Canada suggested a string of cyber security threats to domestic companies might be the work of Chinese hackers. Twice last week, the Canadian government confirmed two separate companies -– both in the energy sector — were the target of cyber-attacks. In the United States, meanwhile, the Obama administration said national security interests…

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Big Oil Funding U.S. Politics

2012-10-01
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U.S. Rep. John Boehner, speaker of the House of Representatives, received nearly twice as much financial support from donors tied to the energy sector than did the next-closest recipient, a report from the National Wildlife Federation finds. The 20-page report highlights the role it says oil companies play in U.S. politics, stating energy companies are…

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Energy Markets Being Driven by Fear

2012-08-24
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Crude oil demand in the United States is down to its lowest level since the onset of the global economic recession. A lackluster economic recovery, coupled with cautious consumer sentiment, is keeping demand for petroleum products suppressed. Nevertheless, lingering concerns over geopolitical tensions with Iran has prompted some governments to raise the possibility of releasing…

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Iran’s Retreat from the International Energy Sector

2012-08-17
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Domestic demand for gasoline in Iran was driving growth in the energy sector for the year. OPEC, in its latest report, said retail gasoline consumption in Iran was up more than 20 percent for the first five months of the year, though overall oil demand was relatively flat.  Inflation, meanwhile, was up from stable levels…

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Bad News for Pipelines – Good News for Rail

2012-08-08
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The Association of American Railroads reports the number of rail tankers carrying crude oil and petroleum products in the United States increased more than 35 percent during the first six months of the year when compared with 2011. After the U.S. Energy Department, in its report, noted the lack of pipeline infrastructure in North Dakota,…

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Why Natural Gas Could Displace Gasoline – An Interview with Raymond Learsy

2012-06-12
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Massive natural gas discoveries along with new extraction techniques have led many to claim nat gas as the fuel of the future – which could ensure U.S. energy independence, reduce geopolitical risks, and help meet U.S. electricity demands for the next 575 years. Yet why have we seen so many negative publications and reports? Does…

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Gasoline is Expensive – Deal with it

2012-04-23
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The White House announced it was getting into the commodities game in an effort to protect consumers from some of the geopolitical factors spilling over into the retail gasoline market. OPEC and the IEA both said in their monthly reports that market perceptions were behind higher energy prices, not physical shortages. With most U.S. consumers still economically…

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Oil & Politics – The Real Situation in Iraq

2012-03-09
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A delegation from the International Energy Agency spent two days in Baghdad speaking with high-ranking officials in preparation for an end-of-year report on the country’s oil sector. By some estimates, Iraq could hold some of the largest oil reserves in the world and an international auction for oil and natural gas blocks is planned for…

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Is Deepwater Horizon the New Ecuador?

2012-01-31
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Nearly two years after the worst accidental offshore oil spill in the history of the energy industry, some of the biggest companies in the world are busy pointing their legal fingers at one another in court over who has to pay what in claims, damages and fines over the deadly Deepwater Horizon oil spill. A…

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Something’s Fishy in Tripoli

2012-01-25
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Way back in early 2011, members of the U.N. Security Council had no problem getting a resolution through that authorized military force in Libya ostensibly to protect civilians from attacks by forces loyal to strongman Moammar Gadhafi. The year before, lawmakers on both sides of the Atlantic were bickering over who did what and why…

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