10 Jun '12, 9am

Tech Talk - Saudi Arabia and Natural Gas Liquids

The price of crude oil has been shown to have significant impact on the global economy, and in the current somewhat fragile state of the various parts of that economy the current lower prices help. Yet Stuart Staniford has commented that, given the Saudi need for income to hold off “Arab Spring” dissatisfaction, they are unlikely to let prices fall too far, before cutting production, since even a 10% reduction in output could raise prices 20% , thereby resolving their future income concerns. This well reflects the role of the Texas Railroad Commission back when it controlled US production in order to sustain an acceptable price for oil. But that role collapsed when overall US production was no longer able to spring to the rescue when demand rose, and US production could not, passing the control over prices to OPEC and more particularly the Kingdom of Saudi Arabia (KSA) who...

Full article: http://www.theoildrum.com/node/9243

Tweets

Saudi Arabia beheads man over drug trafficking

straitstimes.com 10 Jun '12, 12pm

RIYADH (AFP) - A Saudi man was beheaded by the sword on Sunday after being convicted of drug trafficking, the interior min...

North American Natural Gas is Fueling an Intern...

peakoil.com 11 Jun '12, 4am

North American Natural Gas is Fueling an International Political Power Shift North American exports of natural gas threate...

Guest Post: Frenemies - Why Solar and Natural Gas Will Be Central to U.S. Energy Policy: President Obama’s rec...

Guest Post: Frenemies - Why Solar and Natural G...

greentechmedia.com 11 Jun '12, 7pm

Stop beating on each other. Personally, I remain an environmentalist and hope to see fracking carefully regulated as with ...

Tech Talk - The potential for Saudi EOR

Tech Talk - The potential for Saudi EOR

theoildrum.com 03 Jun '12, 2pm

One of the reasons that I am writing the current OGPSS series is to see how the earlier estimates that we made “back when”...

#peakoil U.S. likely to cap gas exports: Indust...

peakoil.com 09 Jun '12, 5am

Strange article. Firstly, is exporting gas is so profitable, why cap it? What? Well problem with that is, exporting LNG re...

Study shows Saudi ambivalence on radicalism

longwarjournal.org 11 Jun '12, 12pm

On May 27, an airstrike by the International Security Assistance Force (ISAF) in northeastern Afghanistan killed Sakhr al ...

Big mystery: US oil production hits 14-year high, gas prices not at 14-year low

Big mystery: US oil production hits 14-year hig...

grist.org 12 Jun '12, 3pm

Great news, America! The amount of crude oil produced within our borders is at the highest levels we’ve seen since 1998 . ...

New Car Gas Mileage Falls In May, Lower Gas Pri...

greencarreports.com 12 Jun '12, 7pm

“We continue to see increases in fuel economy among the major manufacturers compared to the previous years but as we’ve st...

Tech Talk - Current oil production and the futu...

theoildrum.com 17 Jun '12, 9am

There is a growing impression being given in the discussion of oil and natural gas supplies, that the world is moving into...

Saudi Arabia beheads 3 people for drug trafficking

straitstimes.com 12 Jun '12, 2pm

RIYADH (AFP) - Saudi authorities beheaded two of its nationals and a Syrian on Tuesday after convicting them of drug traff...

Saudi Arabia beheads 4 people for various crime...

straitstimes.com 19 Jun '12, 11am

RIYADH (AFP) - Saudi authorities on Tuesday beheaded two Egyptians who kidnapped a nine-year-old girl and tortured her for...

gas

dotearth.blogs.nytimes.com 13 Jun '12, 6pm

New York Governor Andrew M. Cuomo (@nygovcuomo ) appears to be closing in on a plan for extracting natural gas while limit...

RubyConf: Natural language generation and proce...

blog.nicksieger.com 08 Jun '12, 9am

RubyConf: Natural language generation and processing in Ruby Posted by Nick Sieger Sun, 22 Oct 2006 00:07:34 GMT Speaker: ...