The Fourth Turning – An Interview With Neil Howe

Neil Howe is a historian, economist and demographer who writes and speaks frequently on generations, the economy and social change. He is America’s leading thinker on who today’s generations are, what motivates them and how they will shape the nation’s future. He has authored nine books on American generations, many co-authored with William Strauss, including […]

Rapid Expansion of Utility-Scale Solar in China

Solar is taking over the Gobi Desert in China’s Gansu province. China is a difficult solar market to track from the outside. Government subsidies are opaque and bureaucratic, interconnection problems run rampant, and non-Chinese businesses often have a hard time getting into the country. There’s no doubt that the Chinese PV market is growing at […]

There will be blood

WALL STREET loves a good scrap almost as much as the wildcatters who drill for oil do. No wonder that the fight over the finances of America’s shale-oil industry has turned nasty. In one corner are shortsellers, including David Einhorn, a hedge-fund manager whose scalps include Lehman Brothers. They argue that “fracking”—the business of blasting […]

As Saudis Keep Pumping, Thirst for Domestic Oil Swells

Saudi Arabia is poised to break records for oil production this summer, analysts said, as domestic-energy needs soar during its scorching summer and the holy month of Ramadan and threaten its ability to ramp up exports. Saudi Arabia has said it produced a near-record 10.3 million barrels a day in May, a mark that industry […]

Energy Shock: How Peak Oil Will Change Your Life

Oil, Cheap Oil has defined us, our economy, our nations, and our way of life. Everything centers around Oil! Oil is even required to manufacture and install alternative energy. The U.S. alone has a fleet of about 210 million automobiles and light trucks. Because of cheap oil, more than half of the American population lives […]

Norway: New reserves found in North Sea

The Norwegian government confirmed Wednesday oil and gas reserves were discovered in a North Sea area not known previously to contain hydrocarbons. The Norwegian Petroleum Directorate, the nation’s energy regulator, said reserves were discovered in appraisal and wildcat, one drilled in an untapped area, near the existing Gina Krog field in the North Sea. The […]

Remember When We Were Running Out of Crude Oil Storage?

Given the amount of air time the crude oil storage situation received back in March and April, this might be a good time to revisit that situation. If you recall, there was a great amount of hand-wringing regarding the crude oil storage picture in the U.S. Inventories were high and they were continuing to rise. […]

Is Saudi Arabia Leaving The U.S. Behind For Russia?

The news from the recent St. Petersburg Economic Forum, which took place from June 18 to 20, inspired a torrent of speculation on the future direction of energy prices. But the real buzz at the conference was the unexpected but much publicized visit of the Saudi Deputy Crown Prince, as an emissary of the King. […]

Why Use Compressed Natural Gas?

Why CNG? CNG is an abbreviation for Compressed Natural Gas. Compressed Natural Gas is exactly the same as the fuel that is delivered to our customer’s homes , but is simply compressed so that we can store more of it in one place. This allows us to use CNG to fuel generators, tractor trailers, and […]

The Key to Humanity’s Future? Asian Cities

Some 10,000 years ago, just as our planet emerged from the last ice age, human beings began to experiment with an entirely new and innovative form of social organization. Instead of constantly roaming around in packs, they grouped together in one place to live in settled communities — the first proto-cities. Since then, humans have […]

The Dream of the Machine

As I type these words, it looks as though the wheels are coming off the global economy. Greece and Puerto Rico have both suspended payments on their debts, and China’s stock market, which spent the last year in a classic speculative bubble, is now in the middle of a classic speculative bust. Those of my […]

Laudato Si’: Signalling towards Degrowth?

By now, there are likely few who have not heard of Pope Francis’s recent encyclical on the environment, “Laudato Si’”. And as many of the readers of this blog might already know, the Spanish and Italian versions contain what appears to be a direct endorsement of degrowth: the use of the term „decrecimiento“ (sp) and […]

Sandia’s Z machine fusion energy

A two-year, $3.8 million award has been received by Sandia National Laboratories and the University of Rochester’s Laboratory for Laser Energetics (LLE) to hasten the day of low-cost, high-yield fusion reactions for energy purposes. High-yield means much more energy emerging from a fusion reaction than is put into it. The award, announced by the Department […]

Red-hot fuel demand can’t shore up the oil price alone

Sales of transport fuels have exceeded all expectations this year, making demand from reviving economies the mantra of bulls who say the oil price is well on the mend. But warning signs, especially in Europe, may derail that view. Growing stocks, and early stress signals for some oil products, such as diesel, are throwing a […]

Shell to build another massive Gulf of Mexico oil platform

Royal Dutch Shell announced on Wednesday it will build a deepwater platform in the Gulf of Mexico for its Appomattox field discovery with an estimated startup close to 2020. Shell said it authorized the major project after finding 20 percent in cost reductions and determining that it will produce a profit as long as the global […]

Mexico Moving Forward With Major Natural Gas Pipeline

On June 22, Mexico’s Federal Electricity Commission (CFE) announced it would tender a new round of 24 energy infrastructure projects totaling $10 billion, including a $3 billion underwater pipeline bringing U.S. natural gas from Texas to Tuxpan, Veracruz. Amidst a grand national “gasification” strategy that has promoted Mexican imports of U.S. natural gas, this may […]

Remember All That Oil in Storage? Here It Comes

Refineries around the world are using more crude oil. To get the cheapest supplies around, they don’t have to look any further than their own storage tanks. When a global glut of crude oil sent prices plunging to near-six-year lows in the first quarter of the year, refineries started stocking up. The market gave them […]

Transition Streets in the US

After more than a year in the making (with lots of expert and volunteer support) we have finally released our neighborhood carbon/water/waste reduction project, Transition Streets. If you are interested in what this scrappy nonprofit can do with help from a lot of friends and supporters take a look here: http://transitionstreets.org/. In a nutshell: We […]

Death of the Euro

Vindictive eurocrats, a happy Mario Draghi, a predictably exposed Christine Lagarde, and a wise but powerless DSK O Lucky Man HOW THE AMERICAN PENCHANT FOR REGIME-CHANGE DELIVERED US INTO DYSTOPIA It hasn’t taken long today for the strutting “We can handle a Greek default” faux-confidence to evaporate among the engorged egos of the euroélite. On the […]

Livestock feed to overtake biofuel in grain demand

Livestock feed will surpass biofuels as the main source of growth in global grain consumption in the next 10 years as emerging countries consume more animal protein while lower oil prices and policy changes end a decade of high demand for crop-based biofuel, the FAO and OECD said on Wednesday. In their annual Agricultural Outlook […]

Ukraine Halts Purchases of Russian Gas

Ukraine suspended its purchases of Russian natural gas after European Union-mediated price talks collapsed Tuesday. Russian Energy Minister Aleksandr Novak said he was “surprised” that Ukraine was demanding a much deeper discount than what he was offering. He said the price the Ukrainians wanted was out of line with current market conditions, and that the […]

Asia depends on Middle East for 66 % of its oil imports

This post uses data from the inter area oil movement section of the BP Statistical Review published in June 2015. It is a continuation of an earlier post on Asian oil consumption and production. Global trade and Asia’s share Total global oil trade steadily increased by 4.7% pa up to the US recession year of […]

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LATEST NEWS HEADLINES

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