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Energy Quote of the Day: 'We are Still Assessing the Outcome of the Attack on the Refineries'

The US military partnered with Saudi Arabia and the UAE on air strikes that bombed 12 “teapot” refineries in eastern Syria reportedly used as part of ISIS’ underground oil operations. These small modular refineries – producing 300 to 500 barrels per...

Posted October 1, 2014    

Energy Quote of the Day: 'Alaska is Going to be the Next Florida'

One of the most difficult tasks among climate scientists is predicting how climate change will play out over the longer term and how anthropogenic contributions will further impact those climatic shifts. There is widespread agreement that carbon...

Posted September 27, 2014    

Energy Quote of the Day: A Disturbing Climate March Observation

The People’s Climate March in New York City drew an estimated 310,000 – 400,000 people, putting it up there with some of the country’s largest historical mass protests. It’s great that so many people are passionate about doing something to address...

Posted September 24, 2014    

Energy Quote of the Day: Is the Shine Coming Off U.S. LNG Exports?

A few Asian buyers of US LNG are looking to sell portions of the supply they purchased under long-term contracts, suggesting the excitement over exporting US natural gas as LNG could be waning a bit. When US gas production began booming around 2007...

Posted September 21, 2014    

Energy Quote of the Day: "What’s the Next Shale Gas?"

Bank of America Chairman Charles Holliday speaking on behalf of the Global Commission on the Economy and Climate asked the audience at the recent’s American Energy and Manufacturing Competitiveness Summit in Washington DC how many people anticipated...

Posted September 20, 2014    

Energy Quote of the Day: 'Halliburton has Already Left the Market and Schlumberger is Likely to Follow'

As US- and EU-led economic sanctions against Russian energy players crank up, the degree to which Western interests could be collaterally damaged is again being called into question. The EU has shied away from sanctioning Russian gas industry...

Posted September 19, 2014    

New England Natural Gas Market 'Not Taking Full Advantage of Available Infrastructure'

When temperatures plummeted across the Northeast last winter, spot natural gas prices along the Eastern Seaboard spiked to eye-popping levels causing many to call for additional pipeline capacity. However, as is often the case with energy issues,...

Posted September 15, 2014    

Energy Quote of the Day: 'They’re Not Ghost Towns Anymore...'

What does the term “fracking” mean to you? Chances are there are numerous answers to that question because the term has vaulted into US vernacular and political debates virtually overnight, along with the astonishing domestic oil and gas production...

Posted September 14, 2014    

Energy Quote of the Day: Saudi Aramco Putting $40B of Its 'Money Where Its Mouth Is'

Saudi Arabia’s state-owned oil company plans to invest $40 billion over the next decade to maintain oil production capacity at 12 million barrels per day, while doubling natural gas output. The Kingdom faces a dilemma with much of its associated gas...

Posted September 13, 2014    

BP Oil Spill Penalty Could Reach 15% of Company's Market Cap

The United States District Court for the Eastern District of Louisiana found BP was grossly negligent with regard to the accident and its activities in conjunction with the Macondo well in the Gulf of Mexico. BP said it “strongly disagrees”...

Posted September 8, 2014    

Energy Quote of the Day: 'Grid Jihad'

The suggestion that ISIS-related militants could team up with Mexican drug cartels to disable the US power grid for an extended period of time seems a bit alarmist, but worth noting, particularly in light of 2 recent substation attacks in California...

Posted September 6, 2014    

Energy Quote of the Day: On the 3 Amigos of North American Energy

U.S. Secretary of State John Kerry (2nd L), Canadian Foreign Minister John Baird (L) and Mexican Foreign Secretary Jose Antonio Meade (R) participate in a joint press availability January 17, 2014 at the State Department in Washington, DC. Secretary...

Posted September 5, 2014