Prince Saud al-Faisal, Foreign Minister of Saudi Arabia
“Sanctions [against Iran] are a long-term solution. They may work, we can’t judge. But we see the issue in the shorter term maybe because we are closer to the threat…
Continue ReadingReview February 22, 2010
Download Full PDF 1. Prices and Production Oil prices have moved up steadily for two weeks, rising by almost $10 a barrel, and now are back in the vicinity of
Continue ReadingThe Redundant Subsidy By Robert Rapier
Even for staunch proponents of U.S. biofuel policy, it is hard to argue that the current subsidy on grain ethanol serves the purpose it was designed to serve. With ethanol
Continue ReadingPatience Wheatcroft, The Wall Street Journal
“The work of the Industry Taskforce on Peak Oil and Energy Security shouldn’t be disparagingly dismissed. Its arguments are well founded and lead it to the conclusion that, while the
Continue ReadingTwo Short Commentaries: Green Jobs Race Lost?
There is discomforting new green jobs data that suggest the USA might have already lost much of its technology leadership to green energy development abroad, including wind, PV energy, and
Continue ReadingReview February 15, 2010
Download Full PDF 1. Prices and Production Oil prices rose modestly last week on conflicting news. The week began with a strengthening US dollar, colder weather in the US, and
Continue ReadingRex Tillerson, CEO of ExxonMobil
“Motor vehicle gasoline demand is down, is headed down and is going to continue to head down.”
Continue ReadingReview February 8, 2010
Download Full PDF 1. Prices and Production It was a volatile week with oil prices opening around $73 a barrel, climbing to touch $78 on Wednesday and then falling on
Continue ReadingThe Market Potential of CNG as a Transportation Fuel
In the search for alternative fuels and technologies to oil-based engines, basic cost-benefit analysis is often over-looked, and yet the dissemination of a new technology works is most successful when
Continue ReadingThierry Desmarest, chairman of French giant Total
“The problem of peak oil remains. In our opinion, it will be very difficult to raise oil production worldwide above 95 million barrels a day, which is 10 percent more
Continue ReadingReview February 1, 2010
Download Full PDF 1. Prices and Production Crude oil prices dropped 8.2 percent, nearly $10 a barrel, in January to close on Friday at $72.89 a barrel. Continuing weakness in
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