NRO Energy

Mexico Votes to End State Oil Monopoly

Bloomberg reports: Mexico’s Congress approved a bill to end a 75-year state oil monopoly and generate as much as $20 billion in additional foreign investment a year. The nation’s most significant economic ...

Analyst: Oil is in an ‘Iran Bubble’

Business Insider: Oppenheimer oil analyst Fadel Gheit believes oil prices are in a bubble. Gheit says 20-30% of the current oil price reflects a “supply risk premium” that will disappear when Iran’s ...

‘Green’ Energy Kills Eagles

We have to kill eagles in order to save them. That’s now the official policy of the U.S. Interior Department. On Friday, the agency announced that it would grant some wind-energy ...

‘The Poor Need Cheap Fossil Fuels’

Bjørn Lomborg writes the inconvenient truth in today’s New York Times. The greater threat to the world is poverty, not climate change: PRAGUE — There’s a lot of hand-wringing about our warming planet, but billions ...

Canada, the Next Energy ‘Superpower’?

Let’s hope so. Bloomberg: Canada’s bid to become what Prime Minister Stephen Harper calls an energy “superpower” is at risk as approval delays for new pipelines threaten an industry already hurt ...