Big Oil’s Bad Week

The world’s largest integrated oil and gas companies are the so-called supermajors or more commonly “Big Oil.” In order of descending market capitalization these companies are ExxonMobil, Chevron, Royal Dutch Shell, TOTAL SE, and BP. […]

The IEA’s Seven Key Pillars Of Decarbonization

Last week the International Energy Agency (IEA) released a new report detailing the steps that would be required to get the world to net‐zero carbon emissions (NZE) by 2050. The report is Net Zero by […]

The Colonial Pipeline Attack Was A Major National Security Incident

The majority of U.S. refining capacity is on the Gulf Coast. Refineries there receive a combination of domestic and Canadian crude via pipeline, as well as waterborne imports from all over the world. The crude […]

Can U.S. Oil Companies Follow Equinor’s Renewable Path?

Up until 2018, the Norwegian oil company Statoil was one of the world’s integrated supermajor oil companies. While not quite on the level of ExxonMobil or Chevron, the company was one of the world’s major […]

Clean Hydrogen From Nuclear Power

Hydrogen was thrust into the spotlight as a promising clean energy source by President George W. Bush in his 2003 State of the Union address. President Bush touted the potential for a “hydrogen economy” that […]

Oil Demand Has Nearly Recovered

As the Covid-19 pandemic began to spread last year, I developed an idea. I hypothesized that the pandemic would cause a permanent dent in oil demand. I covered that hypothesis in a couple of articles […]

Why Gas Prices Rise Nearly Every Spring

Although it wasn’t strongly emphasized in the recent discussions on the rise in gasoline prices, those prices to rise nearly every spring. But why does it happen? There is no question that it does happen. […]