The U.S. Dominates New Oil And Gas Production

The American fracking for oil and natural gas boom will continue on through the 2020s. And why not? Since fracking took off in 2008, the U.S. has more than doubled our proven oil reserves to ~65 billion barrels. Natural gas reserves have surged over 80% to ~430 trillion cubic feet. Already the largest oil and […]

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Can Saudi Arabia Outlive North America’s New Energy Boom?

Current trends in the global energy market don’t look good for Saudi Arabia. First, the International Energy Agency projected in November 2012 that the United States will surpass the Gulf petrogiant as the world’s top energy producer by 2020. Then, last week, it revealed that North America, buoyed by the rapid development of its unconventional oil industry, […]

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The Big Energy Shift

Another milestone in China’s emergence as the world’s largest foreign energy consumer has been reached, with Chinese data indicating it has now become the largest net importer of oil. Amid the emergence of the United States as an energy superpower, China reportedly imported a net 6.12 million barrels of oil per day (bpd) last December, exceeding […]

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U.S. Energy Policy After 2012

While energy is not a top-tier issue for the American public, Obama and Romney present very different visions for how the United States will generate and consume energy over the next four years – and perhaps set the stage for the next twenty. They provide a clear choice for American voters and explicit differences for […]

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