This week’s record-breaking night flight by the Solar Impulse aircraft has been widely acclaimed, but few of us are ever likely to fly in such a plane. Swiss adventurer Bertrand…
Global currency traders remain puzzled by the continuing strength of the yen (FXY), (YCS), which broke out of a ¥90-¥95 range a few weeks ago and insists on levitating around…
The US needs to adjust its defense capabilities to 21st century, population centric conflicts, according to a new think tank report. In the 2009 Academy Award-winning movie The Hurt Locker,…
General Electric and four venture capital funds launched a $200 million contest for innovations in smart grid technology, pledging to use the money to fund development of the winning entries.…
I am constantly barraged with emails from gold bugs who passionately argue that their beloved metal is trading at a tiny fraction of its true value, and that the barbaric…
A lot of otherwise normal, well-functioning persons are firm believers in the idea that global oil production has irrevocably peaked -- or is soon to peak irrevocably. Whether such a…
The Election Commission of the Republic of Somaliland on July 1, 2010 — as noted, the highly-iconic 50th anniversary date of the original union of the Republic of Somaliland with…
From environmentalists and wildlife specialists to fisherman and businessmen along the Gulf Coast the message is the same: BP is not only strangling the news of what is actually occurring…
The Lloyd’s insurance market in London added its voice to those warning about dependence on oil with the release of a research paper that predicted a supply crunch and price…
With summer here we are entering a precarious time in the Middle East, a time that deserves particular attention. This is a perilous moment for the region when the fuse…
The ability of Iran’s military to learn from experience and become adept in irregular warfare echoes that of insurgents in Iraq and Afghanistan. It also presents the United States with…
1. New cap over the blowout preventer (BOP) to allow more efficient oil recovery: BP PLC (BP, BP.LN) told the U.S. Coast Guard late Friday that it would start work…
It turns out that perfection doesn't continue forever, after all. That was the bet I was more than happy to make three weeks ago when I started to buy the…
With the tragic Gulf of Mexico oil spill now focussing President Obama's and the American people's minds on where their energy comes from, and what some of the collateral costs…
In mid-June, an article in the New York Times revealed to the world something that many Afghans already knew: Afghanistan sits on about $1 trillion-worth of minerals. Afghans are now…
The European Parliament voted overwhelmingly on Wednesday to adopt the Industrial Emissions Directive, after agreeing a compromise position that will give power plants extra time to comply with stricter levels…
China has already surpassed the US in the global competition sweepstakes and is on track to extend its lead. No, I'm not talking about some pie in the sky 2030…
The leading relief well is now at 17,000 feet, and slowly closing in on the Macondo bore. Meanwhile, on the surface, testing continues on the giant, 21 million gallon a…
Oil Market Summary for 07/05/2010 to 07/09/2010. Crude oil futures finished the week on a positive note, tracking stocks upward after hitting the low for a month earlier in the…
In my last post, we looked at the supply of oil in the US Energy Information Administration's (EIA's) recently released International Energy Outlook (IEO), which many consider the EIA's definitive…