Michael Economides

Michael Economides

Energy (Geo)-Politics

In 2012, Let’s Align U.S. Energy Policy with Global Reality

By Michael J. Economides I have waited for a couple of months for 2012 to mature before I put this piece out. (Even with past successes in predictions the anemic economy and the US elections make for a difficult punditry on the future.) The New Year opened with a sobering warning on energy policy and [...]  More »
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Dodd-Frank Handicaps U.S. Oil Companies, Favors, Russia China And Chavez

By Michael J. Economides Say what you want about the Dodd-Frank financial reform bill: necessary to protect consumers, a stranglehold on the economy, a must to fix up Wall Street. Whatever your opinion, there is a small provision in this colossal 2,319-page measure that deserves the attention of everyone concerned about the future competitiveness of [...]  More »
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Time, Newsweek Bury Keystone

By Michael J. Economides & Peter C. Glover Energy has become a hot button election issue. President Obama’s State of the Union address and his decision to reject TransCanada’s application to build the Keystone XL pipeline crystallized the fact. The language of the GOP presidential candidates post-Keystone was suitably pithy. Gingrich intoned it “a stunningly [...]  More »
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The Covert ‘War’ In Iran

By Peter C Glover and Michael J. Economides The assassination of another Iranian nuclear scientist on the streets of Tehran immediately cast suspicion on the obvious and usual suspects, the Israeli Mossad and America’s CIA. But Israeli writer Caroline Glick posits a third equally credible suspect: Iran’s internal opposition party, the Green Movement (no connection [...]  More »
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Fracking Natural Gas

By Michael J. Economides There is nothing that portrays more the ideological divide in America than the debate on energy. The climate and energy wars have now become an insurmountable chasm and no cost is too great for the ideologues. It is an all-out war, with no prisoners, not unlike so many other cultural, social [...]  More »
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Wyoming CO2 Sequestration Project Falling Apart

By Michael J. Economides About two years ago, on February 20, 2010, in the Wyoming Tribune and under the title “CO2 sequestration isn’t practical” I offered to “save the state of Wyoming from wasting $45 million.” Well, a recent story in the Wyoming Tribune was headlined “Wyoming CO2 storage project may get put on hold”. [...]  More »
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Fracking & Quakes: Not a Whole Lotta Shakin’ Goin’ On

By Guest Blogger Peter Glover There’s not a whole lotta shakin’ goin’ on due to shale gas fracking – official. Except, that is, in the global energy markets. But the ‘whatever-it-is-I’m-against-it’ Marxist (Groucho, that is) eco-activists, together with the constant alarmists in the media, persist in attempting to send tremors through public opinion over shale [...]  More »
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Israel-Iran: Reaching Critical Mass?

By Michael J. Economides and Peter Glover A report by the International Atomic Energy Agency (IAEA) due on November 8 could well prove the decisive factor in triggering an Israeli strike on Iran’s nuclear facilities – no matter whether the Obama administration gives its backing. According to the Israeli newspaper Haaretz, Prime Minister Netanyahu and [...]  More »
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Cheniere to Export LNG: The Beginning of a New Energy Era

By Michael J. Economides It takes a visionary (Sharif Souki), a surfeit of US natural gas and a 4-to-1 price disparity between what the US and what other people pay and you have the makings of perhaps, if not the biggest certainly part of the biggest, energy stories for some time. The just announced 20 [...]  More »
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Harry Reid and the Keystone Pipeline

By Michael J. Economides When thinly disguised ideological objections are in the background, the superficial public arguments that politicians employ can be off base to outright silly. This is the case in the October 5 letter by Senate Majority Leader Harry Reid to Secretary of State Hillary Clinton objecting to TransCanada’s proposed Keystone XL pipeline, [...]  More »
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Cyprus Oil and Gas

By Michael J. Economides The January 2011 announced discovery of some of the largest offshore natural gas reservoirs in the world, 90 kilometers west of Haifa and not much further than that from Cyprus has created some understandable excitement among Cypriots. The potential for large hydrocarbon accumulations in the same Messinian geologic formation, underlain Cypriot [...]  More »
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Shale Gas & the Re-Shaping of European Power Politics

By Peter C. Glover & Michael J. Economides As The High Stakes Pipeline Game points out, Russia clearly holds now the balance of power when it comes to European energy security. However, the current Eurozone economic crisis and the development of massive European shale gas reserves are set to combine to re-shape entirely the landscape [...]  More »
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