Worldenergy Blog

Iranian oil impact, are we seeing an underestimation of geopolitics and wishful thinking?

Thursday, July 23, 2015

by Dr Cyril Widdershoven
The unexpected success of the P5+1 Iranian nuclear agreement is still making headlines in the global media. Analysts are convinced that the return of Iran into the global economy will have an huge impact, leaving oil and gas prices low for the foreseeable future. Optimists are indicating that Iran could easily bring 600,000 -1.5 million bpd of crude oil onto the market, while gas exporters are dreading the return of Iran’s gas exports. Western politicians and corporations are flocking to Tehran’s 5* hotels, and are sucking up to the former member of the Axis of Evil.  The world has changed, nobody can deny that, but has it changed for the better?   read more

Oil Market Woes in Congress, to Export or Not to Export

Wednesday, July 22, 2015

I remember reading rumors about the vast amounts of oil locked in the Mid West as Internet spam, and the conspiracy theory that the US was using imported oil before allowing its oil to be developed.  Rumors that hyper efficient cars or electric cars were being stifled by the industry and rumors of price fixing.  It seems now that every time the price of oil kicks up the conspiracies come back with a vengeance.  So has anything changed, as the price goes up will we once again see the conspiracy theories abound? read more

Saudi Arabia and Russia, should we be worried?

Friday, July 10, 2015

Will a new cold war present itself due to the lack of leadership from the United States and our new found oil production?  In 1976 we signed an agreement with Saudi that avoided any further use of oil as a weapon against the United States in exchange for, among other things, our protection.  Could the Kingdom now be seeking other protectors as our oil production increases and our support of our allies wanes. 

Recently Russian President Vladimir Putin met Saudi Prince Mohammad in St. Petersburg where Saudi Arabia and Russia, two of the world’s leading oil producers, decided to form a working group for joint energy projects.  read more

Is Saudi Arabia winning the price war...not without help.

Wednesday, July 01, 2015

Over the last year we have watched the price of oil drop from a high of $107 to lows in the $30 dollar mark and a recovery to $60 dollars. Today we have some saying that the price war against swing producers (US unconventionals) is over and the price has stabilized.   read more

Jeb Bush, staunch conservative or fair weather friend?

Monday, June 22, 2015

Jeb Bush, brother of George W., is running for the republican nomination for president, for those of us living under a rock.  The Bush family has become somewhat of a political dynasty unto itself of late, with two Presidents, two governors, and younger ones taking political office along the way. read more

The Renewable Energy Myth of the Obama White House.

Wednesday, June 17, 2015

Recently the White House tweeted that renewable energy was reaching an all time high in the United States.  The implication is that this type of energy is becoming more mainstream, and is beginning to make a difference in our energy mix.  I remember back in 2009 when our Vice President suggested we could supplant our entire coal fired generation fleet with offshore wind, it was a ridiculous statement then and this idea still ranks there today. read more

Carly Fiorina, candidate for President discusses energy policy.

Wednesday, June 10, 2015

One of the very few candidates to express any willingness to compare and contrast how she would handle energy to what the current administration is doing, Carly Florina, met with The Fuse to discuss energy policy.  While the answers were a little contrived and short on specifics, we appaud the effort and hope to see more candidates take a shot at it. Highlights include: read more

Oil Price Predictions, Hope and Change

Tuesday, June 09, 2015

Is the price of oil going up, down or staying the same? read more