Category Archives: Gas

Gas Prices Fall Because Nobody’s Driving

From the Associated Press, via Petroleum News: Oil tumbled below $44 a barrel Dec. 4 and the average gallon of gasoline is now less than $1.80 nationally*, both four-year lows, as the number of people continuing to receive government aid … Continue reading

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ExxonMobil Starts Point Thompson?

From Upstream: ExxonMobil says it is poised to launch a new $1.3 billion plan to develop the field, the first exploration since 1982. The company plans to build nearly 50 miles of ice road and an ice air strip and … Continue reading

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Arctic Oil

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

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Greenland Oil & Gas – USGS Assessment Out

The Arctic has been touted by many groups as the next big undiscovered resource. But as the Arctic geology becomes more understood, it’s looking less like the next Saudi Arabia and more like a smaller gas province. From Petroleum News, … Continue reading

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Icebreaker LNG Ships to the North Slope?

As if all the feuding between Governor Palin’s AGIA/TransCanada gas pipeline and the ConocoPhillips/BP Denali gas pipeline wasn’t enough, Petroleum News reports that the American Bureau of Shipping has a joint initiative with the Russian Marine Register of Shipping to … Continue reading

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