Monthly Archives: July 2008

Oil Shale & Greenhouse Gases

Posted on July 29, 2008 by

From McClatchy Newspapers (Renee Schoof): Oil shale in the American West might contain three times the oil of Saudi Arabia, but getting it out of the ground would require much more energy than drilling for conventional oil does, and the … Continue reading →

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U.S. Still Blocked From Arctic Oil Claims

Posted on July 28, 2008 by

From Petroleum News (Alan Bailey): U.S. Sen. Lisa Murkowski, R-Alaska, has weighed in on the debate about U.S. ratification of the international Convention on the Law of the Sea treaty.“I believe it is very important for the United States to … Continue reading →

Posted in Alaska, Arctic, Oil | Tagged , , | 1 Comment

Oil Speculation The Cause Of High Gas Prices?

Posted on July 28, 2008 by

“Stop Oil Speculation Now“, a front group for the Airline Transport Association of America (their news release is here), is charging that the high price of gasoline is due to speculators driving up the oil market.  They’ve released the results … Continue reading →

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USGS Report on Arctic Oil

Posted on July 28, 2008 by

I posted last week on the USGS report that estimated Arctic resources represent 13 percent of undiscovered oil, 30 percent of undiscovered natural gas and 20 percent of undiscovered natural gas liquids, with about 84 percent of the resource occurring … Continue reading →

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Arctic Oil

Posted on July 25, 2008 by

From The Independent, a UK-based newspaper (article, by Michael McCarthy), an article about the new USGS report showing that the Arctic may hold up to one fifth of the world’s undiscovered but exploitable oil and gas reserves: This includes 90 … Continue reading →

Posted in Alaska, Arctic, Canada, Gas, Oil, Russia | Tagged , , , , , | 1 Comment

Potential Rule Change for U.S. Shale Oil

Posted on July 24, 2008 by

From Scandanavian Oil & Gas (source): The U.S. Department of the Interior’s has said it supports a proposal by Washington to ease rules on developing shale, which a new estimate says could yield 800 billion barrels of recoverable oil. The … Continue reading →

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“Drill Here, Drill Now” and Other Nonsense

Posted on July 23, 2008 by

I’ve already blogged on the American Solutions website and their snake oil sales job on shale oil here.  Now it seems that everybody is promoting boosting domestic production as the solution for high gasoline prices (see National Review Op-Ed here, … Continue reading →

Posted in Alaska, Arctic, Oil | Tagged , , | 1 Comment