• Low Oil Prices Prove How Wrong Obama Was On Energy

    • Date: 19/03/17
    • Editorial, New York Post

    With oil prices struggling to rebound after hitting a three-month low last week, Americans are getting yet another reminder of just how wrong President Barack Obama was about drilling. “The American people aren’t stupid,” he said back in 2012 — when the price of oil was above $100 a barrel and gas was $3.50-plus a […]

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  • America’s Shale Gas Selling at Record Prices to Overseas Buyers

    • Date: 19/03/17
    • Bloomberg

    A year after Cheniere Energy Inc.’s Louisiana terminal shipped the first exports of U.S. natural gas from shale, cargoes from the facility are fetching higher prices than ever. The export price of liquefied gas from Sabine Pass rose as high as $7.52 per million British thermal units in January, topping last year’s high of $6.21, according to an Energy […]

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  • U.S. Shale Is Pushing OPEC To Breaking Point

    • Date: 17/03/17
    • Michael McDonald, Oil Price

    The trend in the United States of accelerating oil production does not seem to be slowing down. Recent reports show that oil production from U.S. shale producers will increase in April, according to the Energy Information Administration. High market prices are currently being supported by OPEC cutbacks, and these higher profits are funding the growth of […]

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  • The Dark Secret Behind India’s Failing Solar Plan

    • Date: 16/03/17
    • Bloomberg

    Theft and damage to solar panels has plunged 288 villages and 1,500 hamlets in Maharashtra back into darkness. Children warm and light themselves with a fire inside a house in the village of Bhamana. Photographer: Dhiraj Singh/Bloomberg Like generations before him, the only light Jurdar Thingya has at night in his one-room mud hut in India’s […]

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  • Investors Beware: Wind Farms Risk Being Sued By Rural Communities

    • Date: 15/03/17
    • Wind Aware Ireland

    Big investors in wind farms are risking their shirts by investing in wind farms in Ireland. In a recent High Court case, Enercon Wind Farm Services Ireland Ltd., admitted liability for nuisance to seven families who left their homes due to excessive noise from wind turbines. Damages and costs, expected to run into millions,will be decided […]

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  • Oil Drops Below $49 As U.S. Shale Boom Threatens OPEC’s Efforts

    • Date: 14/03/17
    • Jessica Summers, Bloomberg

    Oil settles at the lowest level since November as record U.S. crude inventories and a boost in drilling activity threaten OPEC’s efforts to reduce a global glut. Futures slipped 0.2 percent in New York after fluctuating between slight gains and losses during the session. U.S. crude inventories probably rose by 3 million barrels last week, […]

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  • Has China Faked Its Coal Data?

    • Date: 13/03/17
    • Radio Free Asia

    China has cut coal production for the third year in a row, according to government figures, despite a host of reasons to doubt that it did. A truck unloads coal at a coalyard in Huaibei, eastern China’s Anhui province, Nov. 11, 2016. Based on official data, China’s mines produced 3.36 billion metric tons of coal […]

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  • Massive Oil Discovery In Alaska: U.S. Poised For Record Oil Production

    • Date: 12/03/17
    • Next Big Future

    Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades. The massive find of conventional oil on state land could bring relief to budget pains in Alaska brought on by slumping production in the state and the crash in oil prices.The new discovery was […]

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