Foreign Policy Blogs

Tag Archives: Oil

U.S. to lease land in Alaska for oil and gas development

U.S. to lease land in Alaska for oil and gas development

The U.S. Department of the Interior recently announced that the Bureau of Land Management will issue leases for 4.5 million acres of land in the National Petroleum Reserve in Alaska for oil and gas development. The November 7 lease sale will add to the 3 million acres offered up in ...

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Arctic Council close to reaching agreement on marine oil pollution preparedness

Arctic Council close to reaching agreement on marine oil pollution preparedness

At the last Arctic Council meeting in Nuuk, Greenland in May 2011, the eight member states decided to form a task force to write an agreement on Arctic marine oil pollution preparedness and response. This past week in Reykjavik, Iceland, delegates from the eight Arctic Council member states met ...

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Leaning Left in Latin America: Voting for Social Inclusion as an Economic Model

Leaning Left in Latin America: Voting for Social Inclusion as an Economic Model

This week’s election in Venezuela was important for reasons outside of Venezuela itself. The victory of Hugo Chavez with over 80% of the electorate voting and a sizable minority voting against the current President showed that Hugo Chavez does have a great deal of support as well as a strong ...

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Baghdad’s Oil Payment Deal with Kurds Helps Boost Exports

Baghdad’s Oil Payment Deal with Kurds Helps Boost Exports

Iraq’s oil minister Abdul Kareem Luaiby anticipates his country’s exports for September to exceed 2.6 million barrels a day, a figure not reached in the last 20 or so years. Part of this increase stems from a deal cut between the central government and the Kurdish autonomous region. The Kurds ...

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NWT Premier pushes for oil sands pipeline to Arctic

NWT Premier pushes for oil sands pipeline to Arctic

Canada may have the second largest oil reserves in the world, but the vast majority are locked up in Alberta’s oil sands, far from any ocean. That means that pipelines are needed to transport the oil west to ports on Canada’s Pacific Coast or south to markets in the United ...

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Don’t Forget About Iraq

Don’t Forget About Iraq

An Emerging Power? The Council on Foreign Relations recently published an interesting memorandum titled “Renewed Violence in Iraq.” The contingency report, authored by Douglas Ollivant of the New America Foundation, offers suggestions as to how the U.S. can help the Iraqi government cope with myriad internal security threats. Ollivant begins by identifying ...

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The Global Oil Race: China Seeks a Significant Foothold in the Americas

The Global Oil Race: China Seeks a Significant Foothold in the Americas

  There is much debate in the United States on the dominance of China in the current global economy. These discussions are quite valid as Latin America weathered much of the 2008 economic crisis based upon natural resource exports to China to bolster their booming economy. Canada was also able to ...

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Interview on the Geopolitics of Oil

Interview on the Geopolitics of Oil

I would like to point readers interested in the geopolitics of oil to a very interesting interview the Oilprice.com’s geopolitical editor Daniel J. Graeber gave to Infowars.com yesterday evening. Among the topics discussed, I would especially like to draw your attention ...

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Iraqi Oil Production Outpaces Iran’s

Iraqi Oil Production Outpaces Iran’s

Although American statesmen and Republican politicians of the Bush era hate to admit it, one of the foundational aims of the war in Iraq – the creation of a liberal democracy – guaranteed an increase in Iranian influence both within Iraq and across the region. The politics of Shi’a majority ...

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Falling Oil Prices Present a Great Opportunity – An Interview with Jim Rogers

Falling Oil Prices Present a Great Opportunity – An Interview with Jim Rogers

By James Stafford World markets appear to be hovering over a precipice as Europe’s sovereign debt crisis, slowdowns in India and China and further bank downgrades threaten to send stocks and commodities down even further. Falling oil and gas prices may offer some respite to consumers but are they enough ...

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What Countries Should Fear U.S. Natural Gas Exports in the Future?

What Countries Should Fear U.S. Natural Gas Exports in the Future?

The world gas market is currently dominated by gas exporting behemoths like Qatar, Russia, Algeria, and Iran. Natural gas is the cleanest fossil fuel–compared to coal and oil–and therefore encourages an increase in power plants that run on natural gas. Many coal-fired power plants in the U.S. are being retrofitted right ...

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Shell Posed to Begin Drilling This Summer in Beaufort and Chukchi Seas

Shell Posed to Begin Drilling This Summer in Beaufort and Chukchi Seas

Third Time’s a Charm for Shell On May 25, the 9th Circuit Court of Appeals upheld the Bureau of Ocean Energy Management’s (BOEM) August 2011 decision to permit Shell to drill in the Beaufort and Chukchi Seas off Alaska’s north shore. The Native Village of Point Hope and the Inupiat Community ...

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Conflict pushing South Sudan towards crisis

Conflict pushing South Sudan towards crisis

Posted by contributor Andres Santamaria. Sudan and South Sudan continue to clash, with each side seeking to control lucrative oil fields near their border. However, as the crisis persists, there are many efforts to relieve some of the humanitarian problems that have emerged in South Sudan, according to Action ...

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“The Future of Energy” Will Entail Higher Prices

“The Future of Energy” Will Entail Higher Prices

  Today the Foreign Policy Association hosted a conference on “The Future of Energy“. I had the pleasure of attending and, given that I am writing on energy, I also have some interesting insights to share. Especially interesting was the panel discussion “The Energy Picture, Redrawn.” The key ...

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No longer world’s biggest oil producer, Russia focuses on offshore development

No longer world’s biggest oil producer, Russia focuses on offshore development

According to data from the Joint Organization Data Initiative, Saudi Arabia has surpassed Russia as the world’s largest oil producer, a position which the latter country held for six years. The Middle Eastern kingdom’s oil production rose to a 31-year high last year, while Russia’s dropped. As Matthew Hulbert writes ...

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