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O.P.E.C.

When It Comes to the World's Oil Supply, There Is No Free Market

T. Boone Pickens | Posted 06.11.2013 | Business
T. Boone Pickens

Whenever I bring up the importance of getting America the energy plan it deserves, someone always says, "Boone, let's not pick winners and losers. Let's let the market decide." There's only problem with that statement.

The Key to Big Oil's Sky-high Price Play: Keystone Export XL

Carl Pope | Posted 05.01.2013 | Green
Carl Pope

It's time for everyone to wake up. Transportation fuel doesn't have to cost $4 a gallon. The oil industry is terrified prices might fall. They want government to bail them out, and guarantee permanent high prices.

The Keystone XL Pipeline, Terrorism and Our National Security

Raymond J. Learsy | Posted 04.20.2013 | Business
Raymond J. Learsy

Are we helping to fund a future danger on our northern border, and will the revenues generated by the Keystone Pipeline help to create a condition deeply adversarial to our national security?

Energy Secretary Chu Resigns Leaving Oil Markets in Turmoil

Raymond J. Learsy | Posted 04.06.2013 | Business
Raymond J. Learsy

Energy, be it oil, natural gas or coal, involves core commodities to the functioning of our economic viability, and here the Department of Energy under Chu's tutelage has approached disaster.

OPEC's Massive $1 Trillion Haul in 2012 While Sowing Jihad

Raymond J. Learsy | Posted 03.07.2013 | Business
Raymond J. Learsy

This torrent of money flowing into OPEC, especially into the Persian Gulf States, raises the question how this massive windfall is being put to use other than providing fresh capital for the world's largest sovereign wealth funds, as those of Saudi Arabia, United Arab Emirates and Kuwait.

Yoko Ono, Matt Damon and OPEC Versus American Energy Independence

Raymond J. Learsy | Posted 03.04.2013 | Business
Raymond J. Learsy

Yes, fracking has its problems. But within the few years, that technology has improved significantly, oversight has become singularly sensitized to the downside risks and communities have heightened awareness.

The Appointment of Our Next Energy Secretary

Raymond J. Learsy | Posted 01.16.2013 | Politics
Raymond J. Learsy

The Obama administration now has an opportunity to reposition the Energy Department as a force for national energy independence, an economic force for national security, and as a monitor and sponsor of rational energy pricing thereby husbanding a mighty engine of economic growth.

The Media Blunder of the Month -- Energy Independence, so NOT

Carl Pope | Posted 01.16.2013 | Green
Carl Pope

America's oil addiction and oil dependence are not a thing of the past -- whatever the media may have yipped at each other's heels to tell you this week.

LOOK: Major Gas Shortage Bring Insane 1970s-Style Lines At The Pump

The Huffington Post | Ryan Grenoble | Posted 11.09.2012 | Business

In our nation's Northeast, it's beginning to look a lot like Christmas the 1970s oil crisis. Thanks to the back-to-back struggles of Hurricane San...

Obsequiousness to Power -- the IMF's to OPEC

Raymond J. Learsy | Posted 12.10.2012 | Business
Raymond J. Learsy

Perhaps we should take Mme. Lagarde's effusiveness before OPEC to heart and learn from her standards. If one of the world's most prestigious international institutions can render such homage to brazen price conspirators, we should act accordingly.

The Charade of the Iranian Oil Embargo

Raymond J. Learsy | Posted 12.02.2012 | Business
Raymond J. Learsy

The U.S. should at long last recognize that in being the world's most important consumer of fossil fuels our market is as important to oil producers as they have been in supplying our needs.

52 Reasons to Vote for Obama: #31, Fuel Standards Doubling

Bernard Whitman | Posted 11.14.2012 | Politics
Bernard Whitman

The Natural Resources Defense Council, a leading environmental group, predicts drivers will save an aggregate of $69 billion a year in fuel costs by 2030 because of new gas mileage standards in cars, or $1.7 trillion at the pump during the life of the program.

NOPEC ('No Oil Producing and Exporting Cartels Act'): A Presidential Issue and a Test of Political Integrity

Raymond J. Learsy | Posted 11.09.2012 | Politics
Raymond J. Learsy

Is the Obama administration as pathetically submissive to OPEC and oil industry pressures as the Bush administration? How would they deal with this issue if they were given "four more years." And not to be left out, how would a Romney administration handle this hot potato?

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.

Mission Accomplished for Big Oil?

Greg Muttitt | Posted 10.23.2012 | Politics
Greg Muttitt

Iraq recently reclaimed the number two position in the Organization of the Petroleum Exporting Countries, overtaking oil-sanctioned Iran. Now, there's talk of a new world petroleum glut. So is this finally mission accomplished?

America's Increased Reliance on Saudi Oil Manifests the Bankruptcy of Obama's Energy Policies

Raymond J. Learsy | Posted 10.20.2012 | Business
Raymond J. Learsy

After nearly four years in office, that the United States is even more dependent on Middle East oil is shocking testimony to the failure of the Obama Administration's energy policies.

The Great Drought: Agriculture, a Harbinger of America's Future

Raymond J. Learsy | Posted 10.06.2012 | Business
Raymond J. Learsy

Clearly, a disaster in the making. A disaster not only for food prices in the American market, but portending a food crisis worldwide. It is an act of nature that has unsheathed a fact of fundamental significance, but barely touched upon in either political nor civil discourse.

Iran: No Plans To Close Strategic Oil Route

AP | NASSER KARIMI | Posted 09.22.2012 | World

By NASSER KARIMI -- The Associated Press TEHRAN, Iran -- A top Iranian naval commander said Monday that Tehran's forces have full control over the ...

'Green News Report' - June 21, 2012

Brad Friedman and Desi Doyen | Posted 08.21.2012 | Green
Brad Friedman and Desi Doyen

TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S RADIO REPORT: Good news ...

'Green News Report' - June 19, 2012

Brad Friedman and Desi Doyen | Posted 08.19.2012 | Green
Brad Friedman and Desi Doyen

TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S RADIO REPORT: A nuclear...

Has The Energy Department Gone Completely Off The Rails?

Raymond J. Learsy | Posted 08.19.2012 | Politics
Raymond J. Learsy

During the course of the Obama Administration under Energy Secretary Steven Chu, the Department of Energy has almost totally abdicated its responsibility to the day-today consumers of energy. But the latest news of its flubs goes even beyond that.

T. Boone Pickens Dances the Saudi Oil Polka

Raymond J. Learsy | Posted 07.02.2012 | Business
Raymond J. Learsy

Oil prices were headed up, said Pickens, and then explained, well, the Saudis are maxed out. They can't produce more. And in one fell swoop, he gave the Saudis a free pass on the current oil price distortions and turned them from the OPEC cabal's malevolent gorgon into our heroic good guys.

This Might Be The Most Effective Way To Kill Iran's Nuclear Program

Reuters | Posted 06.16.2012 | Business

* Few alternatives to Western ship insurance market * Asia govts mull sovereign guarantees for ship insurers * Chinese t...

Of Oil Prices and Elephants

David Burwell | Posted 06.16.2012 | Green
David Burwell

The debate over gas prices is a parlor game played out in Washington at the start of the driving season every spring. Let's see if we can parse the arguments made by the proponents of the various "truths" about gasoline prices.

Energy Secretary Chu And The Price You Are Paying For Gasoline

Raymond J. Learsy | Posted 06.16.2012 | Home
Raymond J. Learsy

The price we are all paying at the pump or for heating oil was too mundane to be touched upon by Dr. Chu. A bit like leaving the aerie of the ivy covered halls of academe and getting your hands dirty on an oil rig.