Axel Siem

41 Added | 2 Magazines | 7 Followers | @axe2themax | Keep up with Axel Siem on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Axel Siem”

How Oil Prices Affect the Economy: Calling for a Third Industrial Revolution

Oil is both the lifeblood and the poison of the global economy

For all the talk of green power, it’s black gold that still drives the economic cycle - and the key to prices is Saudi Arabia, the world’s biggest producer<p>Ever since the price shocks of the Seventies, <b>oil</b> has had an unerring ability to play havoc with the world economy. This shouldn’t entirely …

A 'Crude Wall' Is Threatening To Trap US Oil Production

The bad news is we may be running out of ways of getting it to consumers.<p>In its latest report, the International Energy Agency (IEA) says that the U.S. is producing so much oil — November output surpassed 8 million barrels for the first time in 25 years — that at some point in the near future, …

Oil

Coming 'oil glut' may push global economy into deflation

OPEC spare capacity set to reach levels last seen in the depths of the financial crisis in 2009, analysts say<p>One piece of the jigsaw puzzle is missing to complete the deflation landscape across the West: a slide in oil prices. This is becoming more likely each month.<p>Turmoil across the Middle East …

Sorry, Shale. Iraq Is The Real Oil Revolution

After pushing up domestic crude oil production by about three million barrels a day (mb/d) in the United States, shale oil has inspired speculation about radical shifts in the global oil market.<p>Radical shifts are certainly on the horizon, but something other than shale is likely to be driving them. …

Private Equity to Play Greater Role in Oil, Gas Investment

by Karen Boman<p>Rigzone Staff<p>Friday, December 06, 2013<p>Private equity investment will play a greater role in oil and gas industry capital investment, …

Why Shale Oil Boosters Are Charlatans In Disguise

Something has bothered me of late: why is the price of crude oil still elevated? Other commodities have taken a battering since 2011. Gold, copper and iron ore – all are way down off their peaks. But oil has seemingly defied gravity. And that’s despite increased supply from shale oil in the U.S., …

GE: The Age of Gas is Upon Us

by Jon Mainwaring<p>Rigzone Staff<p>Tuesday, December 03, 2013<p>Natural gas is poised to play a far greater role in the world’s energy mix, threatening to …

World Can Hit 30% Renewables By 2030 At No Extra Cost

The world’s share of renewable energy can meet or exceed 30% by 2030 using technologies that are available today–although further effort is needed in …

Better To Export Natural Gas Fracking Or Advanced Coal Technologies?

World leaders are about to gather in Abu Dhabi to discuss how to feed the global energy appetite with the cleanest fuels and the most modern tools. Questions are bound to crop up involving whether to use more advanced coal or shale gas fracking technologies — or to ignore those altogether and go …

The Future of Renewable Energy - VideoInfographs.com

Goldman Sachs sees “transformational moment” in renewables investment

Investment banking giant Goldman Sachs has declared the renewable energy sector to be one of the most compelling and attractive markets – and is …

Biomass Outlook 2014: Is Biomass About To Go Bang?

Traditional biomass accounts for some 9 percent of the world’s total energy requirements, still more than is provided by modern renewables …

European Union to Cut Emissions 40%, Produce 27% of Energy from Renewables by 2030

The European Union just reached a landmark climate deal that is world’s toughest. The compromise agreement is the result of intense negotiations …

Wind and solar energy beats fracking: Steven B. Smiley

This year marks a major turning point in energy in America. Wind and solar power beats natural gas “fracking” (hydraulic fracturing). With recent …

What happens when the energy price falls to zero?

<i>Numerous studies tell us that 100% renewables is possible, and cost effective. But how to structure an energy market where there is no fuel cost?</i> …