Sales of oil and refined oil products are the most important single source of recurrent revenues for ISIL. Targeting ISIL's oil loading facilities and heavy trucks can weaken the group, but this alone will not lead to its demise.
New regulations could improve safety at oil and gas refineries in California and benefit nearby communities. Even if the proposed regulations make refineries only 7.3 percent safer than they are currently, they will be worth their implementation costs.
Without the crude oil export ban, producers could sell their product abroad without discounting it, and the Gulf Coast refineries could specialize in the heavier oil for which they are optimized. On the whole, the global refining industry would likely enjoy efficiency gains.
Oregon is rolling out the nation's first large-scale pilot to examine switching to a mileage fee instead of the gas tax. The trial is a welcome next step toward understanding how mileage fees can be deployed.
Fuel tankering is carrying excess fuel on an aircraft when flying from origins where fuel is less expensive than at the destination. Tankering fuel to a conflict zone like Afghanistan is almost always cost-effective, but the story is more complex elsewhere due to how fuel is purchased and resold within the DoD itself.
World oil prices have fallen by more than 40 percent since June 2014 and over the next several years prices are more likely to fall than to rise. The global economy will benefit hugely from this shift, and it's possible that global security will also benefit from lower oil prices.
As ISIS leader Abu Bakr al-Baghdadi reaches for control of the holy sites in and around Mecca and Medina and the wealth that comes with them, the U.S., NATO, and others should consider providing significant equipment and know-how to shore up the border defenses of Saudi Arabia, Kuwait, and Jordan.
Cheaper oil, government interference, and market dynamics jeopardize the future of Russian and Caspian energy. To be globally competitive, Azerbaijan, Kazakhstan, Russia, and Turkmenistan should let the private sector play a greater role and make more decisions on commercial, rather than political grounds.
Movement toward sharply lower oil prices should be a prominent component of any strategy directed at disabling many of the world's most disruptive threats: Iran's nuclear development, ISIS, Hamas attacks on Israel, and Russia's threat to Ukraine.
Development of natural gas resources has progressed rapidly in Pennsylvania. These activities require many heavy truck trips for equipment and materials, which can damage state and local roads not designed for high volumes of heavy truck traffic.
Mobility — the ability to travel from one location to another — may look very different in the United States in the year 2030. Three key drivers differentiate possible scenarios: the price of oil, the development of environmental regulations, and the amount of highway revenues and expenditures.
A U.S. Official has confirmed that two mariners thought to be U.S. Citizens were kidnapped from an American ship in a pirate attack off of the West African coast — the 40th such attack reported in the Gulf of Guinea in 2013. The current security situation in the Gulf has affected petroleum and natural gas production.
What might one expect for the future of mobility in the U.S. in 2030? A six-step scenario development process resulted in two thought-provoking scenarios that address this question, and three key drivers differentiate the scenarios: the price of oil, the development of environmental regulation, and the amount of highway revenues and expenditures.
U.S. safety performance at refineries has not been good by international standards. However, Cal-OSHA inspections of refineries typically find so few hazards that they contribute relatively little to refinery safety.
If the “user pays” idea is worth saving, the United States needs a different calculation, writes Liisa Ecola. Some states are looking at mileage fees. With mileage fees, you pay based on the number of miles you drive, rather than the number of gallons of gas used.