Oil production is headed back up, but it will peak below the 1970 high in the US or even the secondary high notched in 1985, federal estimates say. It can's solve worldwide oil depletion.
Gas prices always seem to 'spring forward' in the spring. Here's what's behind the seasonal rise in gas prices.
The Keystone XL pipeline cleared another hurdle towards approval late Friday as the US Department of State raised no major objections in its latest environmental review. The lengthy report says Canadian tar sands are likely to be developed, regardless of whether the US approves the Keystone XL pipeline.
Shale gas is already having an impact as Japan looks to import suddenly plentiful natural gas from the US. Natural gas from shale should force Europe to recalibrate its own energy future.
Gas prices are moving higher, apparently because of price moves for Brent crude and limited refining capacity. Will Wall Street fall as gas prices rise toward $4 a gallon?
Water’s just too important for the fracking business not to handle wisely, Stuebi writes.
The Business Roundtable's recommendations to the EPA underscore the need to take action to protect the environment while not harming American jobs and consumers, Tracey writes.
Governments should encourage domestic drilling to meet our energy needs in the short-term, Rapier writes, while using the royalties and tax revenues to fund programs that reduce dependence on oil.
Oil and gas wages and benefits saw an overall increase in 2012, according to a recent study. Base salaries across the entire oil and gas industry rose by 8.5 percent in 2012, Alic writes.
Globalization uses up finite resources like oil and coal more quickly, Tverberg writes. It also increases carbon dioxide emissions and acts to increase world oil prices, she adds.
Wages don’t rise at the same time as oil prices rise, Tverberg writes. The result is a mismatch between what citizens can afford, and the cost to manufacture and transport products.
The Keystone XL pipeline gains new endorsements as environmental opposition grows. Putting ecological implications aside for a moment, is the Keystone XL pipeline, and the tar sands production that goes with it, a good financial investment?
Two former BP executives testified Wednesday about the effect of cost-cutting measures on BP's drilling operations before the 2010 oil well blowout in the Gulf of Mexico. It marks the third day of the Gulf oil spill trial designed to figure out how much BP and other companies are to blame for the spill.
If we want to “grow” oil and gas production at all, businesses will need to keep investing increasing amounts of money (and energy) into oil and gas extraction, Tverberg writes. For this to happen, prices paid by consumers for oil and gas will need to continue to rise.
More than half of US households will spend an average 20 percent of their family budget on energy, nearly double what they spent 13 years ago, Gates writes. In North Carolina, the 2.1 million households earning less than $50,000 annually spend 23 percent of their income on energy.