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Peak oil

Cost of getting energy to market rising as resources become more scarce

Business, Economics and Jobs

Getting a barrel of oil out of the ground takes energy. Years ago, you could get 100 barrels of oil out of the ground with just one barrel of oil spent. Now, it’s more like 20 to one, or even five to one. That compares favorably with renewable energy sources — but it all depends on how things are counted.

‘Energy sufficiency’ for the U.S. in reach as American oil companies consider exports

Environment

Norway’s oil and gas boom leaves other European economies lagging behind

Business, Economics and Jobs

Report: U.S. energy imports down, exports up; energy independence in sight?

Environment

Why Libya can scare the economy

Business, Economics and Jobs

Obama taps Strategic Petroleum Reserve

Environment

The White House releases 30 million barrels of oil from America’s petroleum reserves — the impact on fuel consumption and economic growth.

The end of the “Oil Age”

Environment

Energy analyst Michael Klare says the world’s largest oil fields are running out of oil at twice the rate that we’d previously assumed.

World energy prices decline

Environment

Crude prices fell below $70 dollars a barrel for the first time in 14 months — a 15% decline in value from just three months ago.

Norway’s Example of Oil and Gas Boom Done Right

Global Politics

Norway has carefully controlled its oil and gas industry ensuring it doesn’t suffer the same fate as other countries where oil has become a curse.

As Tensions with Iran Rise, So Do Oil Prices

Coming up, as tensions with Iran and the west are rising, so are oil prices. Lisa Margonelli, Fellow at the New America Foundation and the author of “Oil On the Brain: Petroleum’s Long Strange Trip to Your Tank” joins The Takeaway to look at the affect Iranian oil supplies could have on the US economy […]