Why Natural Gas Prices Quadrupled In Two Years

Following my previous article on U.S. natural gas production, I engaged in a Twitter discussion on the causes of the natural gas price surge over the past two years. I'm not so sure this article […]

This Winter’s Heating Bills Will Be Very High

Domestic oil production remains nearly a million barrels per day (BPD) below the monthly record level set just before the Covid-19 pandemic caused production to plunge. The all-time monthly high for oil production took place […]

Nuclear Waste And The Path Forward

In the previous article, I discussed some of the developments that are taking place to make nuclear power safer, such that a major accident like those at Chernobyl and Fukushima are simply no longer possible. […]

The Strategic Petroleum Reserve Is At Its Lowest Level Since 1984

What is the U.S. Strategic Petroleum Reserve (SPR)? What are the implications of depleting the SPR, which the U.S. has been doing now since 2016? Further, what has been the impact of the rapid drawdown […]

Ensuring A Safe Future For Nuclear Power

The world needs to expand global nuclear power generation to help curb global carbon emissions. That conclusion is based on numerous models and projections that indicate that renewables can’t do it alone. But there is […]

The World Won’t Get To Net Zero Emissions Without Nuclear Power

Any time I write about nuclear power, it evokes passionate responses from readers. That was certainly the case following my previous article, Nuclear Power Could Cut The World’s Carbon Emissions In Half. There is always […]

Nuclear Power Could Cut The World’s Carbon Emissions In Half

In the previous article Renewable Energy Grew At A Blistering Pace In 2021, I highlighted the inability of renewable energy to keep up with overall energy demand: “But here is the challenge the world faces. Against […]

Renewable Energy Grew At A Blistering Pace In 2021

Note: The is the sixth article in a series on BP’s recently-released BP Statistical Review of World Energy 2022. Previous articles were: Wind And Solar Provided A Record 10% Of The World’s Power Generation In 2021 […]

Energy Provisions In The Inflation Reduction Act

Last week Congress passed the Inflation Reduction Act, which now heads to President Biden’s desk to be signed into law. The bill has been championed as a “climate change bill”, but it also allocates hundreds […]

Global Coal Consumption Surged In 2021

This article is the fifth in a series on the BP Statistical Review of World Energy 2022. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Previous articles […]