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Energy Quote of the Day: On Approaching an Oil Price Floor

It appears the largest oil price decline since the 2008 economic and financial crises could be reaching a bottom. Maybe. Luckily we don’t have the displeasure of making oil price forecasts, like our colleague Ed Crooks the US Industry and Energy...

Posted December 24, 2014    

Energy Quote of the Day: 'Lord, Grant Me One More Boom and I Promise Not to Screw it Up'

If you haven’t been near a computer, television or radio, benchmark oil prices are down about 40% from June. Given the ubiquitous media coverage, it can be hard to cut through the noise to find more insightful analysis and different views. (Liam...

Posted December 21, 2014    

Energy Quote of the Day: Putin, the Ruble, Rosneft and Economic Crisis

The Russian economy is heavily dependent on oil – prices of which have been falling precipitously – and sanctions imposed by western governments in retaliation for Russia’s aggressive action in Ukraine are putting extreme pressure on the country’s...

Posted December 20, 2014    

Energy Quote of the Day: 'Short-Sighted and Reckless Victory for Health and Climate'

Well, that’s actually a hybrid quote from opposite ends of the fracking spectrum that came alive recently when New York Governor Andrew Cuomo announced the state would move to ban hydraulic fracturing.“Today Governor Cuomo did the right thing for...

Posted December 19, 2014    

As Canada's New Energy Sheriff Shakes Things Up, Credibility is Imperative

Photo Credit: Jared Anderson/Breaking EnergyAlberta is Canada’s energy powerhouse, home to the country’s oil sands resources, significant natural gas reserves and over 10 active coal mines. As the country seeks to be a global energy power it needs...

Posted December 18, 2014    

Energy Quote of the Day: The New Slogan for Action to Address Global Warming

With the global climate talks in Lima, Peru almost done, climate observers are watching with baited breath to see how far countries get to hammering out a draft agreement that can be formalized next year in Paris. However, there are lots of steps...

Posted December 14, 2014    

Energy Quote of the Day: On NIMBY, Free Lunches, and Pipelines

Kinder Morgan is submitting a revised route for a proposed natural gas pipeline designed to bring additional supplies of natural gas into Massachusetts where gas and power prices spiked last winter due to a combination of physical supply issues and...

Posted December 13, 2014    

Energy Quote of the Day: 'Oil Prices are Expected to Remain High Enough in 2015'

The US Energy Information Administration recently slashed its 2015 oil price forecasts, but the statistical arm of the DOE still expects total oil output to increase to volumes not seen since 1972. As we reported last week, it will take some time...

Posted December 12, 2014    

Interoperability is a Smart Grid Necessity [INFOGRAPHIC]

Making the power grid smarter and more efficient is becoming a necessity as aging infrastructure requires upgrading, distributed generation sources proliferate and utilities adjust business models to address climate change and other new realities....

Posted December 11, 2014    

Energy Quote of the Day: 'We Are Now Going to Focus Our Energy Sources in Other Directions'

News broke recently that Gazprom would no longer move forward with the South Stream pipeline project due to European opposition. Russian President Putin made the announcement after meeting with Turkish President Recep Tayyip Erdogan and Putin said...

Posted December 7, 2014    

Energy Quote of the Day: Iraq Oil Agreement 'Is a Win-Win Deal for Both Sides'

Major news out of Iraq is getting drowned out by falling oil price coverage. The Kurdish Regional Government and Iraq’s central government today reached an agreement on exporting oil and sharing revenue.The KRG will release 500,000 or 550,000...

Posted December 5, 2014    

Energy Quote of the Day: Handicapping an Opec Oil Production Cut

Oil market observers will take a break from their Turkey preparations to see whether Opec producers decide to cut oil output in a bid to stabilize prices. The meeting being held in Vienna will be long over by the time folks in the US sit down to...

Posted November 30, 2014