Oil demand has to do with how much oil we can afford, Tverberg writes, and many of the developed nations are not able to outbid the developing nations when it comes to the world’s limited oil supply.
Aging giant fields produce more than half of global oil supply and are already declining as group, Cobb writes. Research suggests that their annual production decline rates are likely to accelerate.
The US Department of Energy has unveiled a new technology that can be used to make US oil sands and heavy oil economically viable for refining.
France has banned fracking but is now planning to tap into geothermal energy which requires a process similar to fracking, Alic writes. The oil industry likely sees an opportunity to reverse the fracking ban.
Gina McCarthy's Senate nomination hearing was as much about the role of the Environmental Protection Agency as her ability to direct it. How should Gina McCarthy enforce regulations on oil, gas, and coal, and do those regulations hurt or help the economy?
President Obama's budget calls for increased investing in clean-energy technology and the ending of tax preferences for the oil and gas industry. The 2014 budget proposal is in line with the president's 'all-of-the-above' energy policy, but does little to reach across the aisle.
Sarah Palin attacked Tesla in a Facebook post recently, lumping the electric car company in with other federally-funded, clean-energy failures. While Fisker Automotive is a fair target, Sarah Palin doesn't have the same argument when it comes to the more-successful Tesla Motors.
Suntech stock has rallied on rumors that Warren Buffet may buy the bankrupt Chinese solar company. No one’s quite sure why Warren Buffett might want to buy Suntech, Alic writes, and there has been no confirmation from MidAmerican Holdings that any deal is in the works.
If confirmed as energy secretary, Ernest Moniz would take over the department during a time of fiscal austerity and controversy over failed investments in clean-energy companies. Mr. Moniz's confirmation hearing Tuesday hinted at a renewed focus on the agency's research and development roots.
The next energy boom will be natural gas, although it could take a while to take off.
Clean energy was generated from the Paris Marathon thanks to the installation of energy-harvesting tiles, Burgess writes. The tiles are made from recycled truck tires and can generate as much as eight watts of kinetic energy from each footfall.
While Margaret Thatcher was reforming Britain's economy, new oil discoveries in the North Sea were turning the nation into an energy powerhouse. The surge in resources and employment softened the oil-price shocks of the late 1970s and helped Prime Minister Thatcher pull the country out of economic stagnation.