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Oil Reserves

Self-Interest Will Drive Fossil Fuel Divestment More Than Idealism

Carol Pierson Holding | Posted 03.25.2015 | Green
Carol Pierson Holding

If anyone needed more proof that economics trumps sustainability: low gas prices are causing a plunge in electric vehicle and hybrid sales.

Will Climate-Change Disclosure Leave Exxon Investors Stranded?

Jeffrey Rubin | Posted 06.02.2014 | Business
Jeffrey Rubin

Regardless of how much time Exxon wants to spend weighing the risks of climate change, its investors are now demanding it.

Let's Rethink the Strategic Petroleum Reserve

T. Boone Pickens | Posted 05.24.2013 | Politics
T. Boone Pickens

It's been almost five years since we set out to get America the energy plan it deserves. One thing hasn't changed: the need for aggressive and effective energy leadership in Washington. Long story short -- we have no national energy plan.

Should Greenies Own Oil?

Natalie Pace | Posted 05.03.2013 | Green
Natalie Pace

I'm voting for an entirely new energy source by 2015. However, we're not there yet. We're in transition. And part of the journey out of what was into what will be requires ensuring that we don't become reliant on the Middle East selling us the gas to get to the grocery store.

Oil Juniors Set High-Risk Investment Trend: Interview With Emperor Oil CEO Andrew McCarthy

James Burgess | Posted 01.27.2013 | Business
James Burgess

Risk perception isn't what it used to be. Ask the swelling ranks of Canadian junior oil and gas companies braving high-risk venues like Sudan, Iraq and even Yemen.

In Unsettling Development for Washington, Venezuela Ramps Up China Oil Exports

John C.K. Daly | Posted 10.24.2012 | Business
John C.K. Daly

So, where does Washington go from here? If it wants to preserve its increasingly tenuous foothold in a nation with the world's largest oil reserves, it might begin by engaging in some honest diplomacy.

White House Considers Releasing Oil From Reserves

Reuters | Posted 10.16.2012 | Green

* U.S. officials to watch whether gasoline prices fall after Labor Day * Too early to say the size of potential release (Adds no c...

Keystone XL Likely Dead

Daniel J. Graeber | Posted 06.24.2012 | Green
Daniel J. Graeber

Critics of U.S. domestic energy policy are trying to maneuver the Keystone XL oil pipeline past the Oval Office, but in the long shadow of the Keystone XL pipeline project are a series of domestic oil pipelines that could make Keystone redundant by the time it goes into service in 2015.

End Game for Hugo Chavez, What Next for Venezuela?

John C.K. Daly | Posted 06.13.2012 | World
John C.K. Daly

The biggest question in the event of President Chavez being incapacitated or killed by his cancer is the country's political future, and of all the government's branches the military is best positioned for the potential role of kingmaker.

U.S. States With The Most Oil

24/7 Wall St. | Charles B. Stockdale | Posted 04.06.2012 | Business

From 24/7 Wall St.: As gas prices reach record highs across many parts of the country, Americans have been blaming oil companies. But as much as they ...

U.S., U.K. Making Big Move On Oil Prices

Posted 03.15.2012 | Politics

By Richard Mably LONDON--Britain has decided to cooperate with the United States in a bilateral agreement to release strategic oil stocks, two Brit...

The Climate Post: Ailing Economies Push Richer Countries to Tap Emergency Oil Reserves

Mason Inman | Posted 08.31.2011 | Green
Mason Inman

In a move that caught many by surprise, the world's richer oil-importing countries will soon tap into emergency oil reserves.

Iran Condemns Decision By Consumer Nations To Tap Oil Reserves

Posted 08.25.2011 | Business

TEHRAN - Iran condemned on Saturday a decision by oil consumer nations to release strategic crude stocks as politically motivated interference in the ...

Strategic Petroleum Reserve Release Under Fire -- For Being Effective

Daniel Dicker | Posted 08.24.2011 | Business
Daniel Dicker

Argue all you want about the release of 60 million barrels of crude oil from the International Energy Agency, but one thing you can't argue is the level of its effectiveness.

The Deal We Dare Not Turn Down: Save This Rainforest, or Trigger Our Destruction

Johann Hari | Posted 07.25.2011 | Green
Johann Hari

Ecuador's government says that if the rest of the world offers just half of what the oil beneath their rainforest is worth -- $3.5 billion -- they will keep the rainforest standing and alive and working for us all.

The Imaginary World in Which Washington Lives

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

When a politician says that they want to end environmental restrictions on drilling in order to end U.S. dependence on foreign oil or bring the price of gas down, they are speaking utter nonsense.

Wikileaks Cable Suggests Saudi Arabia Is Running Out Of Oil

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

A Wikileaks cable has reportedly revealed that Saudi Arabia may not have enough oil to stop prices from skyrocketing. That is, depending on how you de...

Peak Oil Finally Piquing Analysts?

Bill Chameides | Posted 05.25.2011 | Green
Bill Chameides

Crossposted with to a new report: We need to put a carbon price on oil to keep the price of oil down.You know how the c...

Revisiting Kazakhstan: An Economic Approach Beyond Petroleum

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Has Kazakhstan turned the corner from its Soviet years? Probably not politically, but the time has come to revisit this Central Asian republic's economic potential.

Oil Sh%& Happens: Is It Worth It?

Bill Chameides | Posted 05.25.2011 | Green
Bill Chameides

As the deepwater oil spill arrives on the Gulf Coast, just some quotes to consider ... from John McCain to Barack Obama to George Will.

Check-up on Obama's Energy Plan: Inflating the Tires, Not the Numbers

Bill Chameides | Posted 05.25.2011 | Green
Bill Chameides

If we all channeled candidate Obama and inflated our tires properly, we could save nearly as much oil as we are likely to discover by pursuing the offshore drilling plan President Obama recently introduced.

Is Hugo Chavez the Kremlin's Useful Idiot?

Eric Ehrmann | Posted 05.25.2011 | World
Eric Ehrmann

With the Communist Party finding a second life in Russia one wonders if trust is wearing thin between Vladimir Putin and Venezuelan leader Hugo Chavez. The two leaders hold discussions in Caracas tomorrow.

Brazilian Oil: Government Seeks Greater Control Of Coastal Reserves

New York Times | ALEXEI BARRIONUEVO | Posted 05.25.2011 | World

RIO DE JANEIRO -- Faced with the world's most important oil discovery in years, the Brazilian government is seeking to step back from more than a deca...

Cuba Plans New Offshore Drilling In Gulf Of Mexico

US News and World Report | Thomas Omestad | Posted 05.25.2011 | World

Cuban officials say that exploratory drilling to assess the potential for oil reserves in the Gulf of Mexico is likely to resume in the second quarter...