All Articles Tagged As: oil
The largest US subsidies to fossil fuels are attributed to tax breaks that aid foreign oil production, according to research to be released on Friday by the Environmental Law Institute in partnership with the Woodrow Wilson International Center for Scholars. The study, which reviewed fossil fuel and energy subsidies for Fiscal Years 2002-2008, reveals that the lion's share of energy subsidies supported energy sources that emit high levels of greenhouse gases.
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A new policy paper by Rice University's Baker Institute for Public Policy shows a clear increase in the size and influence of noncommercial traders, or "speculators," in the oil futures market since regulations were eased by the Commodities Futures Modernization Act of 2000. Speculators now constitute about 50 percent of those holding outstanding positions in the US oil futures market.
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 | Rising shale gas production in the United States and Canada as well as potential natural gas supplies from Iraq could be pivotal in curbing Russia's ability to organize an "energy weapon" against European consumers, according to a new study released today by Rice University's Baker Institute for Public Policy. ...> Full Article |
When the Drake Oil Well in Titusville, Pennsylvania began seeping crude oil 150 years ago, humanity allowed itself to become engulfed in the ecology of oil, according to a Penn State environmental historian. Now in the midst of an energy transition, the US and the world need to keep moving forward toward alternative methods of power generation.
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Moving ahead on energy requires understanding and innovation
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Washington's ongoing hand-wringing over a potential $700 billion bailout for the teetering financial sector could have serious ramifications north of the border, particularly in the energy sector
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Pump prices will likely stabilize again now that U.S. refineries apparently ducked a production-crippling blow
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Economists find no correlation between nations' resource endowments and the quality of their institutions
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The UK's economy cannot make a sustainable recovery until it breaks free of its dependence on oil
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Those who blame ethanol for high corn prices need to dig deeper - oil well deep
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 | It is possible to slash fuel use by all vehicles on U.S. roads to pre-2000 levels within a few decades, but doing so would require immediate action on several challenging fronts ...> Full Article |
There is another inconvenient truth about finite resources and human behavior on Planet Earth, an expert on international security and energy says.
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Threats by Venezuelan President Hugo Chavez to cut off his country's oil exports to the United States would be a foolish move on his part and would do far more harm to his country than to America, says a Texas A&M University economics professor who has studied world energy and oil prices for 30 years.
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Asia will play large role in driving up global energy demands
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