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The Oil Drum

Drumbeat: June 28, 2013

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What natural gas glut? Just export, baby, export!
Drill, baby, drill! Energy companies are doing that all over America right now, sparking fears of a natural gas glut.

But the experts are not concerned, saying demand — especially from overseas — is …

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Drumbeat: June 26, 2013

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Egypt blames rumors for acute fuel shortage

CAIRO (AP) — Egypt’s embattled government on Tuesday blamed rumors and corruption for an acute fuel shortage that has had drivers waiting in long lines to fill their gas tanks — straining already taught …

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Additional Iranian Oil Sanctions May Be Counterproductive

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A June 6, 2013, article from Reuters is titled, “Lawmakers in new drive to slash Iran’s oil sales to a trickle.” According to it,
U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to Iran’s diminishing oil exports, an…
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Drumbeat: June 24, 2013

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Supreme Court could consider suit to block sales of high-ethanol gas blend
The American Petroleum Institute, the oil industry’s chief lobbying group, has asked the Supreme Court to block sales of E15. The court could decide as soon as Monday whether to…
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Tech Talk – Insecurity in the Middle East

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The continuing conflict in Syria, and the slow spread of violence in the region around it continue to make it difficult to accurately predict the future of oil exports from the region. Within Syria itself, production had fallen into decline about ten y…
Categories: Middle East

Drumbeat: June 22, 2013

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Shale gas won’t stop peak oil, but could create an economic crisis
Two years ago, following the publication of the EIA April 2011 report a New York Times investigation obtained internal EIA communications showing how senior officials, including industr…
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Drumbeat: June 21, 2013

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One million march across Brazil in biggest protests yet
(Reuters) – An estimated 1 million people took to the streets in cities across Brazil on Thursday as the country’s biggest protests in two decades intensified despite government concessions meant …
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Drumbeat: June 19, 2013

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U.S. Considers Exporting More Oil for First Time Since ’70s
The U.S. oil boom is moving Congress closer than it has been in more than three decades to easing the ban on exporting crude imposed after the Arab embargo.

Advances such as hydraulic fract…

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Energy Export Databrowser Updated to BP 2013 Data

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The Energy Export Databrowser has been updated to the latest version of the BP Statistical Review. A few charts are provided below the fold that help illuminate the following stories evident in the data:
The US is less reliant on imports from across th…
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Drumbeat: June 17, 2013

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Clashes erupt at Indonesia demos against fuel hike
JAKARTA — Police fired tear gas and rubber bullets at stone-throwing protesters in Indonesia on Monday, as thousands demonstrated nationwide against the government’s plan to increase fuel prices.

Se…

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