Archive for the 'Energy' Category

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Germany: Nuclear Disaster ‘Will Have Political Impact as Great as 9/11’

March 14th, 2011

Via: Der Spiegel: The nuclear accident at Japan’s Fukushima plant following Friday’s earthquake and tsunami has led to anxious questions in Germany about the safety of its own nuclear reactors and is putting the government under intense pressure to rethink its decision to extend plant lifetimes by an average of 12 years. German media commentators […]

Implications of Japanese Earthquake

March 14th, 2011

J writes: Kevin, Would you comment on what the situation in Japan means for the rest of the world. I have been trying to get my head around what has happened, and what is still happening, but I’m not able to do it. Millions of Japanese are without water, food and electricity. Some of the […]

Saudi Arabia: Police Broke Up Protest; Used Stun Grenades, “Rubber or Live Bullets”

March 10th, 2011

Monitoring… Via: Reuters: Saudi police used force to disperse a demonstration by minority Shi’ites on Thursday, injuring up to four people on the eve of a day of protests called for on social media, witnesses and activists said. Shots were heard near a protest by around 200 Shi’ites in the town of Qatif in Saudi […]

Arkansas: Emergency Order Halts Natural Gas Drilling After Fluid Injections Allegedly Caused Hundreds of Small Earthquakes

March 7th, 2011

Via: Arkansas Online: Chesapeake Operating Inc. and Clarita Operating LLC both said before a hearing Friday in Little Rock by the state Oil and Gas Commission that they will comply with an emergency request to stop injections of used natural-gas drilling fluid in the two wells in Faulkner County. The drillers made the announcement in […]

U.S. Looking at Tapping Strategic Oil Reserve

March 6th, 2011

Oh sure. Via: Reuters: White House Chief of Staff Bill Daley said on Sunday the Obama administration is considering tapping into the U.S. strategic oil reserve as one way to help ease soaring oil prices.

Oil: How High Will It Go?

March 3rd, 2011

WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Some emails have been stacking up with regard to what’s happening with oil prices. In summary, people are wondering, “How high will it go?” and “How bad could this get?” and “Is this it?” etc. As you know, I ignore fundamentals […]

Libya: U.S. Amphibious Assault Ships Reach Mediterranean Sea

March 3rd, 2011

Via: Reuters: Two U.S. amphibious assault ships have reached the Mediterranean Sea, a U.S. official said on Wednesday, as Washington intensifies pressure on Libyan leader Muammar Gaddafi to end his four-decade rule. The USS Ponce and the USS Kearsarge, assault ships that typically carry Marines, cleared the Suez Canal from the Red Sea and entered […]

Iran Arrests Opposition Leaders

March 1st, 2011

Via: Bloomberg: Oil rose from the lowest in a week in New York as Libyan crude exports were curbed by fighting in the North African country while demonstrations planned in Iran raised concern of wider disruptions. Futures climbed as much as 1 percent after authorities in Iran, the second-largest producer in the Organization of Petroleum […]

SAUDI ARABIA SENDS TANKS INTO BAHRAIN [?]

March 1st, 2011

Update: Bahrain Denies Via: Dow Jones: Bahrain’s government Tuesday denied rumors that Saudi Arabian tanks had crossed into the island kingdom. “There are no Saudi Arabian tanks in Bahrain,” Bahrain’s information ministry said in a statement, adding that tanks identified in news reports as crossing the border Monday evening were Bahraini tanks returning from Kuwait, […]

Libya: U.S. Openly Backing Rebels

February 28th, 2011

Via: Bloomberg: The U.S. said it will assist Libyan rebels trying to force Muammar Qaddafi from power, as pro- democracy protests that have swept the Middle East spread to Oman and reignited in Tunisia. “We’ve been reaching out to many different Libyans who are attempting to organize in the east and, as the revolution moves […]

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