Iran-Pakistan gas pipeline not abandoned

The Pakistani commerce minister says the country has not abandoned the Iran-Pakistan (IP) gas pipeline project, which is scheduled to provide Pakistan with Iranian natural gas. Pakistan will pursue the IP project after the removal of anti-Iran sanctions, the Express Tribune quoted Khurram Dastgir Khan as saying in a Saturday report. “A gas pipeline that […]

Venezuela: A Closer Look at the Oil Economy of Venezuela

Venezuela contains some of the largest oil and natural gas proven reserves in the world. In 2013, Venezuela was the third-largest exporter of crude oil to the United States. It consistently ranks as one of the top suppliers of crude oil to the United States. Venezuela was the world’s 9th largest exporter and 12th largest […]

Why Peak Oil Predictions Haven’t Come True

I’ve written about the myth of “peak oil” for at least eight years — every year brings new evidence against the prophecies of the doomsayers and yet every year their faulty premises require debunking. As I said in 2006 (“Oil is Well: The Shortage is a Myth, and Not a New One“): “The left consistently underestimates the power of […]

The Fracking Bust Exacts Its Pound Of Flesh

Breathtaking booms and obliterating busts have made the oil and gas business. Booms draw money, which begets more money, which allows for technologies to be invented or perfected, and it builds enthusiasm that turns into blind faith among investors, and they throw more money at it. The money gets drilled into the ground. The debt […]

Could the Moon Hold the Key to the World’s Energy Crisis?

The worlds largest energy consumers are deeply aware of the urgency of addressing their energy trilemmas – how to balance energy security, energy equity (access and affordability) and environmental sustainability. Helium 3 might be the answer they are looking for. Over the last few decades, the world’s energy situation has been dominated by feelings of […]

Consumers Hungry for Bundled Energy Services

Smart energy services in the home are already wrapped up with home security settings. Intelligent light bulbs and smart thermostats are standard offerings as part of smart home packages, which are led by security. But people are ready for more, much more, according to new research from Parks Associates released at its Smart Energy Summit […]

We Will Defend Our Religion With Our Blood

The words offer chilling insight into the mind of a radical Islamist: “We will defend our religion with our blood.” Najmuddin Faraj Ahmad, known commonly as Mullah Krekar, was arrested on Thursday because of what he said in an interview with Norwegian TV station NRK. “When it comes to what happened in France, naturally I […]

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