Topic: OPEC
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Five energy challenges for Venezuela
With the passing of Hugo Chávez, the issue of what Venezuela chooses to do with its oil moves to center stage for the energy industry – and for environmentalists. Here are five energy challenges that Venezuela will have to face.
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Beyond the 'fiscal cliff': 6 reasons to be optimistic about America's future
As Americans take stock of 2012 and gear up for 2013, it's tempting to adopt "decline think" about the country, especially since there is still no deal to avoid the "fiscal cliff" of steep budget cuts and tax increases. But here are six reasons Americans should still be optimistic about their future.
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World's cheapest gas: Top 10 countries
While Americans and Europeans bemoan the cost of gasoline at the pumps, people in some other parts of the world enjoy filling up their tanks cheaply thanks to subsidies provided by wealthy, oil-rich governments. Here are the 10 cheapest countries on Earth to fill a gas tank.
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What's Ahmadinejad getting out of his Latin America tour?
Iranian President Mahmoud Ahmadinejad’s Latin America trip, a whirlwind four-nation tour that began in Venezuela on Jan. 8, is now taking him to the inauguration of Nicaraguan President Daniel Ortega. The trip is his fifth visit to the region since 2007 and has prompted alarm in some corners of the United States that Iran is using the region as a staging ground to attack US interests.However, many who study Iran’s relationship with Latin America, in particular Venezuela, say fear of an Iranian threat in the Americas is overblown, at least at this point. Here are four reasons why:
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World's cheapest gas: Top 10 countries
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Energy Voices How will the US capitalize on its oil boom?
Oil production is surging in the US, sending supply shockwaves through world markets. The US could become the world leader in more ways than one, Graeber writes, but only if it opens its oil spigot.
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Energy Voices Oil boom boosts US, but Europe could see decline
The benefits of the North American oil boom on this side of the Atlantic are well-documented – and the same technologies might help developing nations. But Europe's energy industry, which separately became a target of a price-fixing investigation, could emerge as a loser.
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Energy Voices Nigeria oil production slides amid unrest
Nigeria relies almost exclusively on its energy sector for export earnings and 75 percent of federal government revenue, Graeber writes, but a long record of corruption, militancy and banditry has clouded Nigeria's oil prospects.
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Energy Voices US oil boom means oil prices must drop, right? Wrong.
Even though production of oil from new fields in the U.S. is booming, there is a consistent decline in production from old fields around the world, and OPEC members have not increased production. Meanwhile, though demand for oil is falling in the US, it continues to grow around the world.
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Global News Blog Good Reads: Oil's future, wealth in Africa, 'Occupy' failure, progress in Mexico, and the Tsarnaevs
This week’s round-up of Good Reads includes the question "What if we never run out of oil?", a profile of African wealth divides, the 'Occupy Wall Street' movement's failure to leave a lasting imprint, and a profile of the Tsarnaev family.
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Energy Voices Is OPEC coming apart at the seams?
In a lackluster economy, there hasn't been much from OPEC members to suggest there was any sort of revival, Graeber writes. But with seven of the 12 members of the cartel experiencing at least some form of upheaval, the cost of doing business suggests members may need more than a little bit of luck to return to glory.
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Energy Voices The many empty meanings of 'energy security'
We have talked about the concept of ‘energy security’ so much that it no longer means anything, Holland writes. It is time to retire the term.
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Energy Voices Pipelines can't keep up with North American oil boom
The oil boom in North Dakota and Western Canada is overwhelming pipeline capacity, Graeber writes. Shipping more oil by rail could help ease the glut.
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Energy Voices More politics than policy in Arctic oil drilling debate
The political debates around Shell's Arctic drilling plans and the Keystone XL pipeline are becoming less about energy and more about partisanship, Graeber writes.
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Obama's $2 billion plan to wean US off foreign oil (+video)
During a visit to Argonne National Lab, President Obama proposes using royalties from offshore drilling in federal waters to create an 'Energy Security Trust Fund' to pay for research into battery and clean-fuel technologies.
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Vitriolic campaign to replace Chavéz gets under way, with country's grief still raw (+video)
Presidential candidates Nicolas Maduro and Henrique Capriles have leapt into the election campaign at full speed, with strident personal attacks against each other.
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Energy Voices In Venezuela, oil and idealism won't mix forever
Venezuela's oil is too big for major energy companies to ignore and too risky to plunge into. Eventually, post-Chávez Venezuela will choose pragmatism over idealism.
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Five energy challenges for Venezuela
With the passing of Hugo Chávez, the issue of what Venezuela chooses to do with its oil moves to center stage for the energy industry – and for environmentalists. Here are five energy challenges that Venezuela will have to face.
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Energy Voices After Hugo Chávez, what's next for Venezuelan oil?
With Hugo Chávez's passing, some are looking for a new era in Venezuelan oil. But Venezuela's role in the global oil market has diminished over the years and some expect little change in Venezuelan oil after Hugo Chávez.
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How Post-Chávez era depends on Maduro
The death of longtime Venezuelan leader Hugo Chávez, leaves questions about that country's future. Vice President Nicolas Maduro is the likely successor, but it's unclear whether he will pursue the same socialist policies as his predecessor. A state funeral for Chávez will take place on Friday.
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Energy Voices Invest in oil? Or invest in gas?
There are investment opportunities in both, but finding your edge in oil is a lot easier than in natural gas, right now.
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Energy Voices Using oil to get off of oil
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.
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Energy Voices Will trains derail the Keystone XL pipeline?
The Keystone XL pipeline could fall by the wayside given the increased interest in the transportation of crude oil via rail, Graeber writes. With more crude travelling on trains, will rail overtake Keystone XL and other pipelines as the preferred method of oil transport?
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Energy Voices Will oil pipeline attack push energy companies out of Iraq?
With violence on the rise, including a recent attack on a major oil pipeline, it may be only a matter of time before international oil companies lose their stomach for post-war Iraq, Graeber writes.
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Energy Voices Gas prices surge as economy shows growth
Gas prices soared last week on signs of economic health. The annual transition to summer-blend gasoline also contributed to the largest one-week increase in average US gas prices since February 2011.
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19 killed in suicide bombing targeting government-linked Shiite militia
The attack – the seventh suicide bombing in a month – seems to be an attempt by Sunni insurgents to destabilize Iraq's Shiite-led government.
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The Reformed Broker Is now the time to invest in energy?
Brown explains his renewed fondness for energy-related equities, despite the energy sector being a huge laggard last year.
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Venezuela: Court approves Chávez inauguration postponement
Well-known for lengthy speeches, Venezuelan President Hugo Chávez has been publicly silent for nearly a month. His inauguration, originally scheduled for Thursday, has been postponed. Critics are calling for new elections.
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Beyond the 'fiscal cliff': 6 reasons to be optimistic about America's future
As Americans take stock of 2012 and gear up for 2013, it's tempting to adopt "decline think" about the country, especially since there is still no deal to avoid the "fiscal cliff" of steep budget cuts and tax increases. But here are six reasons Americans should still be optimistic about their future.
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Energy Voices Libya’s political unrest stifles oil investment
Unrest in Libya has made investors wary of the nation’s chances to sustain and grow its oil production market, leaving the future of Libyan oil up in the air, according to Consumer Energy Report.
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