Oil led to Pearl Harbor
Few people realize that it was oil — the shortage of oil — that precipitated the Japanese attack on Pearl Harbor on December 7, 1941.
Archive for year: 2017
OPEC, non-OPEC extend oil output cut by nine months to fight glut
OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.
Fighting Trump on climate, California becomes a global force
The environmental ministers of Canada and Mexico went to San Francisco last month to sign a global pact — drafted largely by California — to lower planet-warming greenhouse pollution.
A Chinese student praised the ‘fresh air of free speech’ at a U.S. college. Then came the backlash.
When Yang Shuping spoke Sunday of her eternal gratitude to the University of Maryland for teaching her about “free speech” and showing her that her “voice mattered,” she may not have realized just how much it mattered.
Get ready for peak oil demand
The world’s largest oil companies are girding for the biggest shift in energy consumption since the Industrial Revolution: After decades of growth, global demand for oil is poised to peak and fall in the coming years.
Time for the oil industry to snuff out its flares
Black carbon from sooty flames adds to the problems, especially across the northern hemisphere where it darkens arctic and mountain snow encouraging melting.
Fuel economy rules would decouple ‘miles traveled’ trend from ‘gas used’ trend
If federal fuel economy rules aren’t weakened, US drivers could consume 1.2 million fewer barrels of gasoline per day in 2025 than today. That’s the projection of the Energy Information Administration (EIA), the energy statistics branch of the US Energy Department.
Electric car price parity expected next year — report
Electric cars will be cheaper much sooner than expected, with prices in Europe comparable with traditionally powered vehicles next year, according to a report from investment bank UBS.
American oil companies deepen Saudi ties, despite rivalry
Saudi Arabia and American shale oil companies remain in a battle for global dominance that has sparked a rare bout of financial trouble for the kingdom and forced it to think about life after oil.
The rise of the amateur oil sleuths
On a recent Sunday evening, Samir Madani had dinner with his family in suburban Stockholm, did the dishes and put his two children to bed. Then he opened his laptop and started crunching U.S. oil import data late into the night.
