First OPEC wanted to be compensated if climate change legislation costs them revenue, and now this: OPEC: give us certainty to investYou only get a small preview of the following story, but I found the bit that is accessible to be pretty humorous:...
As we continue to develop biomass as a renewable source of energy, it is important to keep the cost of energy in mind, because this has a very strong influence on the choices governments and individuals will make. I sometimes hear people ask "Why are we still using dirty coal?" ...
In this, my last posting of the decade, I thought I would write something profound. Then I realized I don’t really have anything profound to say today, so at the risk of violating Point 9 below, I thought I would summarize some of the things I have learned since starting ...
Here are my choices for the Top 10 energy related stories of 2009. Previously I listed how I voted in Platt's Top 10 poll, but my list is a bit different from theirs. I have a couple of stories here that they didn't list, and I combined some topics. ...
As I compile my year end list of the biggest energy stories of the year, I have just gotten an e-mail from Platts that is very helpful. As they have done in previous years, they have a survey up so readers can rank the top stories:Platts wants ...
Lots of very crazy stuff going on behind the scenes that's been keeping me very distracted, and writing to a minimum. Fortunately, Money Morning sent me a very timely essay this morning on crude prices. This one takes aim at the API. While I have a cordial relationship with the ...
One of the themes I have been hitting during my recent presentations concerns the oil price risk hanging over our heads. My hypothesis goes something like this. The days of huge supply excesses in the oil production world are over. Those 5 million barrel per day supply cushions of 10 ...
I am back in Hawaii, and over the next couple of days I will climb out from under an avalanche of correspondence. I have a couple of essays to get out, including an interview that I conducted with the CEO from an algae company. What he said may surprise you....

Crude oil prices rise less than a percent as the dollar continues to drop against the Euro.

Cairn India Ltd. to agree on levy with India at around $9.00 a barrel. By 2011, Cairn hopes to have the field producing 175,000 barrels a day.