The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it’s fueling a subculture of drug and alcohol abuse among oil field workers.
Coke, Meth And Booze: The Dark Side Of The Permian Oil Boom Read More »
Graphene burst into the general consciousness in 2010, when the Nobel Prize committee brought its discovery to the attention of the world with its almost sci-fi inspired properties. Graphene is the strongest material ever tested, efficiently conducts heat and electricity, can be levitated by neodymium magnets and is nearly transparent. Graphene is a form of carbon that is so thin it is actually just a single layer of carbon atoms arranged in a hexagonal lattice. Since it is only a single atom thick it is considered two-dimensional rather than three dimensional.
Scientists had theorized about graphene for years, and although it had been unintentionally produced in small quantities for centuries it was not mass produced. It was originally observed via electron microscopes in 1962, but it was studied only while supported on a metal surface.
Then in 2004, Andre Geim and Konstantin Novoselov were able to isolate and further study it at the University of Manchester. This work resulted in them winning the Nobel Prize in Physics in 2010 “for groundbreaking experiments regarding the material graphene.”
Why Graphene Hasn’t Taken Over the World- Yet Read More »
When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying.
“The timing is right. The boom in U.S. oil and gas production gives us greater leverage against OPEC,” the Times of India quoted an Indian official as saying last month after the formal start of said talks. The two countries, after all, account for a combined 17 percent of global oil consumption and they are the ones that would be the hardest hit if prices rise as a result of OPEC’s actions.
New Oil Cartel Threatening OPEC Read More »
Energy has seen some big changes in the last few years. Coal has stumbled. Renewables have surged. Oil fell hard, then spent years clawing its way back up.  But the biggest change in energy has been in tech.
3 Breakthrough Technologies Changing The Energy Sector Read More »
Current volatility in the global oil market is, according to most analysts, due to fears that markets are facing a severe threat. A doomsday scenario is being painted in the media which suggests that oil prices will collapse as Moscow and Riyadh allow for OPEC compliance to slip, and that a glut of Saudi crude will be hitting the market. This assumes that Saudi Arabia is able to produce at least 12.5 million bpd, But no one has really assessed the Saudi spare capacity capabilities…
Can Saudi Arabia Prevent The Next Oil Shock? Read More »
Geopolitics has taken over the oil market, driving oil prices up to three-year highs. The inventory surplus has vanished, and more outages could push oil prices up even higher. Yet, there are some signs that demand is starting to take a hit as oil closes in on $80 per barrel.
In the International Energy Agency’s (IEA) May Oil Market Report, the agency said that OPEC might be needed to step in and fill the supply gap if a significant portion of Iran oil goes offline. Saudi Arabia suggested shortly after the U.S. announced its withdrawal from the Iran nuclear deal that OPEC would act to mitigate any supply shortfall should it occur.
IEA: High Oil Prices “Taking A Toll” On Demand Read More »
It’s the modern gold rush. Around the world, the most sought-after mineral isn’t a precious metal, nor is it oil and gas…it’s lithium. Lithium, or “white petroleum” as some call it, has become a crucial element in today’s high-tech economy. Demand for lithium is soaring, and producers are frantically searching for new sources of supply. Prices have doubled in the last two years, rising as high as $16,500 per ton.
A New Lithium War Is About To Begin Read More »
In this article we look at both sides of the argument for the price of oil for the remainder of 2018 and going into 2019.
The Bullish And Bearish Case For Oil Read More »
It’s pretty much common knowledge that Socialism has destroyed the economy of Venezuela despite its abundance of oil. But we don’t hear much about its neighbor Guyana. One might guess that if Venezuela has oil Guyana might be similarly blessed. And it might finally be beginning its own oil boom. Today’s article by Viktor Katona for Oilprice.com looks at Guyana’s coming oil boom.Â
Is Guyana Prepared For An Oil Boom? Read More »
Although the U.S. oil situation is on the upswing there are a variety of factors affecting a number of other countries like Iran, Iraq, Saudi Arabia, Venezuela, and Russia, that could lead to instability in the world oil market. In today’s article by Nick Cunningham of Oilprice.com we will look at a few of the possibilities
Oil Market Fears: War, Default And Nuclear Weapons Read More »
