Archive for
May, 2011
12 entries in this archive. Displaying 1-10 of 12
Strong global fuel demand growth and tighter OPEC spare capacity has led investment banks Goldman Sachs and Morgan Stanley to raise their oil price forecasts for 2011 and 2012.
Goldman Sachs raised their end-2011 price forecast...
Posted Wednesday, May 25th, 2011 at 7:22 am | Filed in: Energy Supply, Oil Prices
On Friday, it was reported that al Qaeda has a “continuing interest” in attacking oil and gas infrastructure. The warning came from the Department of Homeland Security and the FBI as a result of information obtained during t...
Posted Monday, May 23rd, 2011 at 6:16 am | Filed in: Economic Security, National Security, Oil Dependence
Robert Burns of the AP has a very important story today on our increasingly close defense-related ties with the Kingdom of Saudi Arabia. It is also interesting that the news preceding today's POTUS speech on the Middle East was ...
Posted Thursday, May 19th, 2011 at 1:24 pm | Filed in: Energy Security, National Security, Oil, Oil Dependence
It was reported yesterday that the Environmental Protection Agency of Pennsylvania had fined Chesapeake Energy Corporation approximately $1.1 million for contaminating well water ($900,000) and causing a tank fire ($188,000) durin...
Posted Wednesday, May 18th, 2011 at 6:38 am | Filed in: Energy Supply, Environment, Natural Gas
Lawmakers on Capitol Hill have continued to charge ahead on energy issues this week, with the passage of two more domestic production bills in the House and the introduction of electric vehicle legislation in the Senate.
As par...
Posted Friday, May 13th, 2011 at 2:03 pm | Filed in: Electrification, Energy Security, Legislation, National Security
The Census Bureau released March trade data today, and despite U.S. companies selling the most goods and services overseas in nearly two decades, a big jump in oil prices pushed the nation’s trade deficit to its highest level si...
Posted Wednesday, May 11th, 2011 at 9:36 am | Filed in: Economic Security, Oil Dependence, Oil Prices
After a two-week congressional recess—plenty of time to hear from constituents about high gas prices and pain at the pump—Members of Congress have hit the road running on energy issues this week.
Yesterday the House passed ...
Posted Friday, May 6th, 2011 at 2:59 pm | Filed in: Electrification, Gas Prices, Legislation, Oil Dependence
Pete Kasperowicz in The Hill today has a good piece about the Obama Administration's draft proposal to reauthorize the federal surface transportation programs. This is an important piece of legislative business that has been lan...
Posted Thursday, May 5th, 2011 at 7:01 am | Filed in: Gas Prices, Oil Dependence, Transportation
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