Other oil companies may be leaving Venezuela, but PetroFalcon, with the largest private acreage position in the country, is staying put.
Read moreMany economists have written about the critical role that private-property rights play in building wealth in developing countries. But few if any have bothered to underscore the importance of private ownership of mineral rights.
Read moreThe collapse in oil prices gets most of the headlines. But the corresponding collapse in natural gas prices may be the more important story for both the short- and long-term interests of the U.S.
Read moreGiven the news from the past few months, it borders on the foolhardy to preach about the looming dangers of peak oil. Doing so seems a bit like warning about the possibility of drought while standing without an umbrella in the midst of a torrential downpour.
Read moreIn the wake of the deadly terrorist attacks in Mumbai, the U.S. government is pressuring Pakistan to investigate the incident that left more than 170 dead in India’s largest city.
Read moreLast year, during an interview with Vaclav Smil, I asked the distinguished professor of geography at the University of Manitoba why there was such a paucity of informed discussion about energy issues.
Read moreThe implosion of the corn ethanol sector continues. Last week, VeraSun Energy Corp. announced that it expects its third quarter loss to reach $464 million – more than four times the amount that it mentioned in an earlier filing.
Read moreFour decades after Lyndon Johnson left the White House, his voice, his conscience, continues to reverberate in America.
Read moreMaxwell has been in the oil business for more than 50 years, beginning with a stint at Mobil Oil in 1957. In 1968 he began working as an energy securities analyst. Since 1999, he has been a senior energy analyst at Weeden & Co., a brokerage in Greenwich, Connecticut.
Read moreH.L. Mencken once remarked that there is a “well-known solution to every human problem—neat, plausible, and wrong.”
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