According to the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration, year-to-date daily average oil production is 13.2 million barrels per day. That is 6.5% higher than last year’s record production of […]
Why Kamala Harris Won’t Ban Fracking
During the recent heated presidential debate, former President Donald Trump repeatedly claimed that Vice President Kamala Harris would ban hydraulic fracturing (fracking) if she becomes president. He asserted, “If she won the election, fracking in […]
The Truth About Refilling The SPR
Last weekend, I found myself embroiled in some social media drama related to a previous article I wrote. The article was “The Biden Administration Is Not Refilling The Strategic Petroleum Reserve,” published in May. The […]
Why OPEC’s Decisions Impact The U.S.
Earlier this year, OPEC and its partners announced that it would begin to ease production cuts for members in the fall. However, with oil prices in steep decline, the group just announced a pause in […]
Which President Was Best for Oil Drilling?
One of the most popular articles I have ever written is Average Gasoline Prices Under The Past Four Presidents. It has been used by people across the political spectrum to support different points. Republicans often […]
The Reality of the Energy Transition
I recently presented at Las Vegas MoneyShow on the energy transition. I was later interviewed on the topic on the Financial Sense podcast (link). This article highlights the major points made in that presentation and […]
Why the U.S. Is Losing Ground in the Critical Global Lithium Market
In June, the Energy Institute released the 2024 Statistical Review of World Energy. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Each year, I write a series of […]
Renewable Energy Reaches New Heights
In June, the Energy Institute released the 2024 Statistical Review of World Energy. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Each year, I write a series of […]
From Fukushima to SMRs: How Nuclear Power is Evolving Globally
In June, the Energy Institute released the 2024 Statistical Review of World Energy. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Each year, I write a series of […]
Why Oil Prices Have Dropped
Over the past month, the price of West Texas Intermediate (WTI) has fallen from about $85.00 a barrel to below $75.00 a barrel. Concerns about weaker demand from China have negatively impacted oil prices for […]