Hands Off: Why The Free Market Should Control the Valve to US Natural Gas Exports

This week, Dow Chemical CEO Andrew Liveris penned a piece in the Wall Street Journal advocating for the United States to put an arbitrary limit on the amount of natural gas our country exports to its allies. In Mr. Liveris’ own words, the U.S. should do this “by adopting a measured approach to natural-gas policy” rather than allowing our economy to reap the full benefits gained from maximizing our export po ...

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Russian Justice Under Putin, Again

Detesting cruel and unusual punishment, preventing double jeopardy and imposing statutes of limitations are basic tenets in the legal systems of democracies. An independent judiciary has generated such strong adherence in the modern world that even Cambodia’s murderous Pol Pot, Zimbabwe’s ruthlessly cruel Robert Mugabe, the Myanmar military junta and Libya’s Muammar Gaddafi have often invoked it. They were ...

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Eastern Mediterranean Energy: The Next Game

Two years ago, in June 2010, the Leviathan, the largest gas field in Eastern Mediterranean was discovered by Houston’s Noble Energy in Israeli territorial waters. After a couple of nicely executed wells, in January 2011 the find was elevated to 16 trillion cubic feet (Tcf) and then because of ongoing work, the field size could go up to 25 Tcf of gas. Current thinking suggests also 600 million barrels of oil ...

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Greece to be the New Phoenix

Under enormous international pressure the Greek Parliament just passed an austerity package. The world can now breathe a temporary sigh of relief but it will not last too long. The problem will not go away. ...

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China’s Natural Gas Paradigm Shift

China practically dominates the energy news of the day. The long-term effects will be far wider than the stories now fixating the American public. Last month the big news coming out of China’s Oil Patch was Beijing’s startling, if not long overdue, corruption allegations against one of its state-owned oil majors, CNPC, with corresponding executive resignations, and potential fall-out for more of the same. ...

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China’s Shale Gas Ambitions Still Face Massive Hurdles

China is still pressing ahead with its shale gas ambitions though numerous hurdles continue to hinder those goals. Shale gas is supposed to boost the nation’s natural gas supply which is in dire need. China today draws about 4 percent of its energy needs from natural gas and more than 70 percent from coal. The coal figure is one that the West has not experienced since the nineteenth century. ...

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Study Sheds Light on Truth Of Methane and Drilling

The question of whether natural gas is a ‘clean’ fuel is hotly debated amongst food columnists and the current U.S. Secretary of Energy alike. The debate has been fueled by scientific uncertainty; measuring methane emissions has been difficult because data is hard to obtain. ...

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Not Business As Usual: China’s Oil Majors Are No Longer Invincible

CNPC (along with its publically listed subsidiary PetroChina) and Sinopec have seen better days. The two Chinese oil majors have been humbled in recent weeks as the former is being subjected to Beijing’s tightening anti-graft noose and the latter just lost a billion dollar international court case. Only CNOOC for the moment, China’s third state owned oil major, remains unscathed. The Big Three, which have c ...

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