Oilprice.com’s geopolitical editor Daniel J. Graeber was a guest on Infowars evening show last night where he discussed the following topics: • Middle East tensions and their impact on oil prices.• Why oil prices will remain stable the remainder of this year.• How the government will most likely respond to oil price rises.• Why alternatives are taking so long to come on line• Why oil prices aren’t the hot issue they once were• Gas prices and the elections• Tapping…

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The Association of American Railroads reports the number of rail tankers carrying crude oil and petroleum products in the United States increased more than 35 percent during the first six months of the year when compared with 2011. After the U.S. Energy Department, in its report, noted the lack of pipeline infrastructure in North Dakota, British supermajor BP announced it was considering rail to bring oil from the Bakken formation there to its refinery in Washington state. In terms of the environmental footprint, meanwhile, rail deliveries account…

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Global production of nuclear energy is expected to grow significantly in future years, despite setbacks in Japan and Germany, as China and the United States eyes next-generation reactors.Worldwide nuclear electricity generating capacity is expected to increase between 44 percent and 99 percent by 2035, the International Atomic Energy Agency and the Organization for Economic Cooperation and Development Nuclear Energy Agency said in their joint biannual report on uranium resources, released this week.Japan’s decision to shut down all but two of its…

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GASFRAC of Calgary, Alberta, Canada, has developed an innovative closed stimulation process and injection method, utilizing gelled LPG rather than water based conventional formation fracturing fluids.The firm has developed a Liquefied Petroleum Gas (LPG) or propane based gel that is as natural to a well as soil is to the earth. It’s dissolves into the formation hydrocarbons improving performance without using water.LPG will burn of course so GASFRAC has developed a zero-oxygen, closed system and specialized equipment that protects worker…

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Let me say at the outset that geoengineering to control Earth’s climate is not the wisest path which Homo sapiens (“Wise Man”) could travel down. Because of the large scales involved, future geoengineering may turn out to be the dumbest thing our dumb (albeit clever) species has ever done.On Tuesday Jim Kunstler spoke of the unintended consequences of applying technology willy-nilly to solve all our problems. As global warming really gets going in the coming decades, the temptation to geoengineer the climate will become stronger and stronger.Indeed,…

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Economic, social, political, and demographic changes are key drivers in what is a transforming global strategic architecture. This will necessitate a revision of existing power projection, trade, and intelligence priorities, structures, and doctrine to meet the emerging realities. But they are not yet set in stone. Oswald Spengler gave ample warning, in The Decline of the West (which he wrote mainly during World War I), that Western civilization was even then reaching some of its natural limits. He demonstrated that Roman and later Western civilization…

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India has suffered yet more blackouts, this time leaving more than 700 million people without power, and raising serious doubts about the country’s failing infrastructure and the government’s ability to meet the increasing energy demand as they pursue ambitions to become an Asian superpower.20 of India’s 28 states were left without electricity, including the capital New Delhi, when three out of the nation’s five grids went down.Hundreds of trains ground to a halt, leaving passengers stranded along tracks from Kashmir to…

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In the recent Forum on Chinese-Africa Cooperation (FOCAC), China has secured its ties with Africa by pledging almost twice as much aid money as last year. President Hu Jintao promised $20 billion to help develop infrastructure and agriculture in Africa.China’s interest and investment in Africa is purely to do with the continents hydrocarbon reserves. Niger’s President Mahamadou Issoufou recently visited CNPC in China and praised them for “turning Niger into an oil producer.” Ghana’s Vice President John Dramani Mahama…

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Lloyds Banking Group has recently declared that it will invest £1 billion into the British governments new Infrastructure Plan. Lloyds have identified nine social and economic infrastructure projects, three conventional power plants, and up to 12 clean energy projects where it will invest its money. Around £333 million will be set aside to be invested in renewable energy projects.Chris Heathcote, Lloyds managing director and global head of project finance, said that Lloyds is mainly interested offshore wind, solar power, and biomass…

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Russia and Saudi Arabia’s opposing stances over the situation in Syria has finally led to action. Saudi business tycoon Mubarak Swaikat has cancelled several multi-million dollar oil and gas contracts with nearly 20 Russian companies in protest against Moscow’s support of Syrian President Bashar Al-Assad’s regime. The decision was made by Swaikat himself without any pressure from the government.“This is the least that I can do to support our brothers in Syria. The Saudi government and society have already given a shining…

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