•Wells That Fizzle Are a ‘Potential Show Stopper’ for the Shale Boom •The View from Europe: America’s Shale Boom Looks More Like a Blip •BP carves off US shale gas operations into separate unit •Shale, the Last Oil and Gas Train: Interview with Arthur Berman …
Articles: Natural Gas (1245)
Resource scarcity, competition to dominate Eurasian energy corridors, are behind Russian militarism and US interference.
This week’s trading has been dominated by the Ukrainian situation which sent Brent crude surging by $3 a barrel on Monday before falling to close at $107.76 -- nearly $1.50 below where it started on Monday.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Venezuela, Ukraine, Quote of the Week, The Briefs.
This month alone has seen riots kick-off in Venezuela, Bosnia, Ukraine, Iceland, and Thailand. This is not a coincidence.
Ukraine is shaping up to be a lot like Yugoslavia, except with more than twice as many people, lots of crazed street fighters who think they now own the place, and a role critical to European energy security. If you aren't in shock about this, then you haven't been paying attention.
Today it is especially difficult for most people to understand our perilous global energy situation, precisely because it has never been more important to do so. Got that? No? Okay, let me explain.
Crude has traded quietly this week with New York futures hovering around $97.50 a barrel where they have been for the last two weeks and London around $106 a barrel.
The economy of Italy seem to be declining as a consequence of the increasing cost (or - equivalently - declining energy returns, EROEI) of primary energy sources, mainly natural gas and crude oil.
Energy round-up including peak oil, what next for UK shale gas, and wind power records.