Prior to the President’s State of the Union address last night, many renewable energy advocates wondered if clean energy would feature prominently in President Obama’s speech, as it has in his previous three State of the Unions. And the answer proved to be yes, President Obama still believes...

In a recent Huffington Post op-ed, Jeffrey Rubin, former chief economist for CIBC World Market, asked, “What do triple digit oil prices mean for growth?” According to Rubin, oil as the principal source of energy world-wide will continue to surge in cost as the global economy improves. These...

Reuters reports yet another BP oil leak, this time at Alaska’s Lisburne oilfield location. Alaska Oil and Gas Conservation Commission records show that the Lisburne oilfield, part of the Greater Prudhoe Bay Unit, has been going through a period of prolonged maintenance and has not actually produced...

Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. This concept is based on the observed production rates of individual oil wells, and the combined production rate of a field of related oil wells. The...

Standard Oil was a predominant American integrated oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world and operated as a major company trust and was one of the world’s first and largest multinational...