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.
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.
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.
There are investment opportunities in both, but finding your edge in oil is a lot easier than in natural gas, right now.
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.
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?