Incoming Senate Finance Committee Chairman Ron Wyden, an Oregon Democrat, and outgoing House Ways and Means Chairman Dave Camp, a Michigan Republican, continue to express interest in comprehensive tax reform. As precious […]
Energy subsidies: Fuelling controversy
OVER the past year energy subsidies have become a target for politicians on austerity drives. In June Indonesia increased petrol prices by 44% to cut its annual subsidy bill of $20 billion. […]
Sugarcane Ethanol and Sustainability
The debate over America’s Renewable Fuels Standard (RFS), and the role that advanced biofuels like sugarcane ethanol play in meeting our clean energy goals, has largely focused on what the Environmental Protection […]
Why China’s 2014 oil imports should recover from 2013’s hangover
Aside from improvements in global economic activity and industrial production, China could recover from a hangover in 2013. While domestic activity slowed throughout 2011 and 2012, the country continued to import oil […]
Oil and natural gas import reliance of major economies projected to change rapidly
The 2014 Annual Energy Outlook projects declines in U.S. oil and natural gas imports as a result of increasing domestic production from tight oil and shale plays. U.S. liquid fuels net imports […]
Oil Glut Threatens US Shale Revolution
The year 2014 could pose a milestone for the U.S. oil industry. In its latest annual World Energy Outlook, the International Energy Agency predicted that the U.S. would become the world’s largest […]
Must-know: Why the U.S. could hit a light crude oil refining wall
While U.S. oil imports have been falling over the last few years, tanker companies such as Frontline Ltd. (FRO) and Nordic American Tanker Ltd. (NAT) could benefit from a brighter outlook on […]
New study: Corn ethanol reduces GHG emissions by 37-40%
A comprehensive new study (with appendix) conducted by Life Cycle Associates found that the carbon footprint of corn ethanol continues to shrink, while the carbon impacts associated with crude oil production continue […]
Analysts Pick Australia for Next Shale Boom
While China, Russia and Argentina have topped the list of potential venues for the next shale boom, a new analytical report says all eyes should be on Australia as the most attractive […]
U.S. crude oil production growth contributes to global oil price stability in 2013
Rising crude oil production in the United States contributed to relatively stable global crude oil prices in 2013, at around the same annual average levels of the previous two years. West Texas […]
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