Oil

Who Needs Sanctions? Oil, Gas Markets Are Hitting Moscow | Defense One

  • By
  • Steve LeVine,
  • New America Foundation
July 2, 2014 |
With the failure of an ultimatum to bring calm to Ukraine, the West may impose new sanctions on Russia, but if so they will come at a time that Moscow is already being undercut by a surge in supplies of gas and oil, its main exports.
Programs:

How We Could Blow the Energy Boom

  • By
  • Jeffrey Leonard,
  • New America Foundation
November 7, 2012 |

For the first time in four decades, spanning the last eight presidents, America is poised to break free of its energy crisis. The country finds itself suddenly awash in domestic energy, especially new supplies of natural gas extracted from shale rock. The economic windfall is already enormous. According to a recent study by energy analysts, consumers saved more than $100 billion in 2010 alone as a direct result of the natural gas boom.

Programs:

The Deafening Silence on Climate Change

  • By
  • Mark Hertsgaard,
  • New America Foundation
November 4, 2012 |

The Economist, no radical rag, wrote in 2011 that, looking back 100 years from now, the only important question about our current historical moment will be "whether or not we did anything to arrest climate change".

But you would not know it from the prevailing political discourse in the US. Climate change remains the great unmentionable on Capitol Hill and the campaign trail, and the mainstream media is doing precious little to call politicians out over their shameful silence.

Hurricane Sandy as Greek Tragedy

  • By
  • Mark Hertsgaard,
  • New America Foundation
October 30, 2012 |

Never has a hurricane been more aptly, if tragically, named than Sandy, the superstorm that flooded New York City and battered much of the East Coast. At press time, the storm had killed at least forty-three people and caused an estimated $32 billion in damages to buildings and infrastructure—figures expected to increase in the coming days as emergency personnel pick through the wreckage—and left 8 million homes without electricity.

The Sidebar: Social IQ and Our Oil-Rich Frenemy

October 12, 2012
Annie Murphy Paul on how social factors can influence academic performance and Steve Levine on why oil-rich Venezuela is not an economic powerhouse. Elizabeth Weingarten hosts.

Report: Iraq Will Account for Almost Half of Global Oil Growth by 2035

  • By
  • Steve LeVine,
  • New America Foundation
October 9, 2012 |

Much is made of the stunning growth of North American petroleum supplies, but a new report says that for the next two decades, Iraq will account for 45% of global supply growth, and become a new Saudi Arabia.

Ten Questions on Energy and the Environment Obama and Romney Should Answer at the Debate

  • By
  • Mark Hertsgaard,
  • New America Foundation
October 2, 2012 |

Environmental issues often get short shrift in US presidential campaigns, and this year’s election has been no exception. In poll after poll, voters report that the economy is the decisive issue. But no economy, and no society, can function without what scientists call nature’s support services. To grow food we need healthy soil, fresh water and a stable climate. To sustain a productive work force, we need clean air and protection from pollution. The economy, to borrow scholar Herman Daly’s phrase, is a subset of the environment; it cannot prosper if the environment is destroyed.

The Coming Oil Crash

  • By
  • Steve LeVine,
  • New America Foundation
June 19, 2012 |
My mom out in California is elated -- gasoline prices in her neighborhood are below $4 a gallon for the first time in four months. Less so are the world's petro-rulers, who are watching the price of oil -- their life blood -- plunge at a rate they have not experienced since the dreaded year 2008. Industry analysts are using phrases such as "devastation" and "severe strain" to describe what is next for the petro-states should prices plummet as low as some fear. No one is as yet forecasting a fresh round of Arab Spring-like regime implosions.

The Sidebar: A Flood of Fossil Fuel and the Behavioral Economics of Soda Bans

June 8, 2012
Host Elizabeth Weingarten talks to Steve LeVine about the environmental downside of the impending oil and natural gas boom, and to Jamie Holmes about whether New York Mayor Michael Bloomberg's soda ban can really change consumer behavior.

Can We Survive the New Golden Age of Oil?

  • By
  • Steve LeVine,
  • New America Foundation
June 5, 2012 |

Just months after an enormous discovery of natural gas off the coast of Israel, a local company has reported another potentially big strike -- an estimated 1.4 billion barrels of oil, in addition to more natural gas. The company, Israel Opportunity Energy Resources, says it will start drilling by the end of the year. All of a sudden, Israel has found itself a focus of the world's hydrocarbon interest.

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