Since its inception in 1960, OPEC has never been shy in flexing its energy-fuelled power over the West. But those days are gone. And it’s not just the US and Israeli shale gas and oil revolution which threatens OPEC decline. OPEC is already grappling with a whole bunch of serious energy problems that are colluding to hasten its demise.
Columbia University wants a bigger presence in the energy game. The New York school launched its Center on Global Energy Policy on Wednesday with a collection of high-profile speakers from the industry, including corporate executives and oil and gas experts.
Cold temperatures, a lack of storage facilities and cutbacks in natural gas drilling are all helping push the price of natural gas well above four dollars, according to an Ernst &Young analysis released Tuesday morning.
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst Newspapers, Fuel Fix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news in the oil, gas and energy industries.
Browse previous blog posts by month and year of entry. You'll see all the posts for that time period.