By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Independent voices from the TWT Communities
The International Energy Agency (IEA, or AIE in Romance languages) is a Paris-based autonomous intergovernmental organization established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the 1973 oil crisis. The IEA was initially dedicated to responding to physical disruptions in the supply of oil, as well as serving as an information source on statistics about the international oil market and other energy sectors. - Source: Wikipedia
The rapid growth of U.S. oil production is transforming global markets and easing supplies just as China and the rest of the developing world move to overtake the developed world for the first time in consumption, the International Energy Agency reported Tuesday.
It's been a rough few years for the coal industry, with President Obama and environmental groups seemingly bent on driving it out of business. But for coal, all the world's a stage — and a market.
For Americans who came of age in an era marked by worries about scarce world oil supplies, dominant international oil cartels and unrest in the Middle East, the times are changing — quickly.
The U.S. is not the only nation experiencing a renaissance in oil production. Sidelined for two decades by war, sanctions and political instability, Iraq passed a critical milestone last year by producing 3 million barrels a day of crude oil for the first time since 1990, before the Persian Gulf War, reaching 3.4 million barrels a day by December.
The U.S. energy industry clearly still leads the way on fracking, which has upended global energy markets, but the rest of the world is beginning to catch up as nations seek to replicate American success in oil and natural gas development.
A new low in the “war on energy” was reached in recent weeks, when a handful of federal officials and a few short-sighted corporations, including Dow Chemical, joined forces to support new anti-gas policies that threaten our nation's energy-based economic recovery. Their plan: Cap liquefied natural gas exports and manipulate the domestic natural gas market for the short-term benefit of a handful of companies. Just yesterday, Utah-based Huntsman Corp. also announced it was joining this misguided effort.
There is an energy revolution under way in the United States. Booming oil and natural gas production is transforming our economic outlook, ushering newfound wealth to our rural areas and providing high-paying jobs for middle-class workers across the country.
Oil and gas industry leaders are urging President Obama to forgo tax increases in his second term and instead embrace more domestic energy production as a way to jump-start the economy and create jobs.
America's suddenly booming domestic energy scene could provide critical aid in bailing out the nation's fiscal woes, the chief of the nation's top business lobby said Thursday
Three hours west of Washington, D.C., U.S. Route 50 emerges from the West Virginia forest in a gentle curve. On the south side of the highway rises an enormous natural gas drilling rig. To its left and slightly behind it is a gas separation plant under construction.
By about 2020, the United States will overtake Saudi Arabia as the world's largest oil producer and put North America as a whole on track to become a net exporter of oil as soon as 2030, according to a report from the International Energy Agency.
In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal.
In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal.
China moved Monday toward its biggest overseas energy acquisition as offshore oil and gas giant CNOOC Ltd. announced an agreement to buy Canadian producer Nexen Inc. for $15.1 billion.
U.N. climate talks ran into gridlock Thursday as a widening rift between rich and poor countries risked undoing some advances made last year in the decades-long effort to control carbon emissions that scientists say are overheating the planet.
