libya

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Libya could generate five times the amount of energy from solar panels alone than what it produces from crude oil, according to research by Nottingham Trent University.[read more]

With the US economy stuck in the doldrums, weakening the demand for oil and its products, and with the fall of at least portions of Tripoli foreshadowing the eventual return of Libyan oil exports to the market, it must seem puzzling that US gasoline prices haven't dropped farther in the last few weeks. As of Monday, the national...[read more]

Muammar Gadhaffi’s 42 year-old regime is in its death rattle – maybe today, maybe tomorrow, his administration that has ruled Libya with a quixotic and brutal hand is about to pass, in Trotsky’s piquant phrase, “into the dustbin of history,” prompting the question “what next?”The glittering prize is Libya’s 1.6 million barrels per day...[read more]

Today's Wall St. Journal (subscription required) includes an op-ed calling for a stricter US boycott of Iran than the current one that prohibits importing Iranian oil. The proposal from Reuel Marc Gerecht and Mark Dubowitz of the Foundation for the Defense of Democracies would go a step farther, barring the importation of petroleum...[read more]

You can win bar bets with this one, ’cause every American, almost without exception, knows that we import more oil from Saudi Arabia (or Libya) than from anywhere else.   [read more]

Gasoline prices have been steadily climbing for several months, and Americans are feeling the pain at the pump. The possible culprits (from greedy oil execs to Mideast turmoil) are as plentiful as the proposed solutions (more offshore drilling, green energy or government reserves). But what is really driving prices up? And what, if anything, can be done about it? Let’s take a moment to fill up on information about our fuel.[read more]

Frances Beinecke, President of NRDC, New York City U.S. warplanes pound Libya, and oil tops $100 a barrel. Technicians in Fukushima risk their lives to contain the worst nuclear crisis since Chernobyl, while radioactivity shows up in spinach, milk and Tokyo tap water. The BP blowout kills 11 workers and gushes...[read more]

Technology is easy, change is hard.  It doesn’t matter if it’s individual or systemic change – it is more difficult to modify human attitudes and behaviors than invent disruptive, game-changing technologies or services.  Keep this in mind as we confront hard realities and harder decisions.  Nuclear meltdown in Japan,...[read more]

 What will the civil war in Libya, revolution in Egypt and political turmoil elsewhere in the Middle East and North Africa mean for the U.S. economy, energy prices and the environment? If you’d like to hear the insights of a couple of smart energy experts, join me on Wednesday at 2 p.m. ET for a free webinar organized by The Energy...[read more]

The political events in the Middle East and North Africa are raising global oil prices and causing economies to wobble.  The easy and inexpensively extracted oil has been exploited, and what sources remain, like tar sands, consume ever more energy, water, and money for extraction.  Oil, as one of the primary fossil fuels in our...[read more]

In a thought-provoking op-ed, Michael Levi of the Council on Foreign Relations has provided a very timely reminder of the role that the strategic petroleum reserves of the US and other nations would play if the turmoil in North Africa and the Middle East spawned another oil crisis. Neither additional drilling nor an accelerated effort on...[read more]

Credit: U.S. Navy

The unrest that began in Tunisia and Egypt has now destabilized a country that exports important quantities of petroleum, and the oil market is reacting in earnest. With Libya in violent turmoil, UK Brent crude traded above $108 per barrel today, and even West Texas Intermediate (WTI), which has been massively discounted due to excessive...[read more]

Political upheaval in oil producing African and Middle Eastern states could drive the price of gasoline to $5 per gallon this summer in the United States. Following the lead of neigbouring Egypt, Libyans are attempting to remove the current governing regime.  Similiar political unrest has been sparked in some of the Middle East's...[read more]