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What is Saudi Arabia not telling us about its oil future?

It is popular these days to speculate about why Saudi Arabia cajoled its OPEC allies into maintaining oil production in the face of flagging world demand. Was the real reason for the decision to maintain production the desire to undermine rising U.S. tight oil production--which has now proven embarrassingly vulnerable to low prices after years of triumphalist talk from the industry about …

William Catton's warning

William Catton Jr. died last month at age 88. His book, "Overshoot," may stand as the central text of the 20th century about the ecological fate of humankind. The book represents a missed opportunity in that so few people were able to hear what Catton had to say in 1980, and so few want to hear it now--even as the headlines are filled with the very precursors of the bottleneck he …

Alternate opinions: The world's energy information duopoly comes to an end

Most energy forecasts are based on information from the two leading energy information agencies: the EIA and the IEA. That's about to change. Policymakers, investors and the public should take heed.

Commodities crash: Bad news for the world economy, but is anyone listening?

Commodity price declines signal exceptional weakness in the world economy. It is no secret that economic growth in Europe has been stalled for some time and is now receding. The European Union's confrontation with Russia over the Ukraine conflict and the resulting tit-for-tat economic sanctions levied by both sides are only worsening the economic climate.

The most important thing to understand about the coming oil production cutbacks

What the current oil price slump means for world oil supply is starting to emerge. "Layoffs," "cutbacks," "delays," and "cancellations" are words one sees in headlines concerning the oil industry every day. That can only mean one thing in the long run: less supply later on than would otherwise have been the case.

U.S. Department of Energy: Our forecasts aren't really forecasts (or are they?)

Put this in the category of things that can't be true, but that are nevertheless affirmed with a straight face: The U.S. Energy Information Administration (EIA), the statistical arm of the U.S. Department of Energy, does not issue forecasts, at least not long run forecasts.

The central contradiction in the modern outlook: 'Planet of the Apes' vs '2001: A Space Odyssey'

When talking about the perils of climate change or resource depletion, soil degradation or fisheries collapse, water pollution or nuclear waste--how annoying it is to have one listener respond dismissively, "They'll figure something out. They always have."

Five energy surprises for 2015: The possible and the improbable

There is an outside chance that one or more will occur, and this would move markets and policy debates in unexpected directions.

Greed explained: J. Paul Getty, Aristotle and the Maximum Power Principle

The quest for an ample supply of energy is, in fact, at the heart of human greed.

The high cost of low-priced oil

As a consumer of oil, you may regard recent sharp declines in the world oil price as a blessing. But...
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