For those who don’t think U.S. oil companies are spending enough to find new oil: US drilling outlays soar to $226.4 billion in 2007 WASHINGTON, DC, Jan. 5 — US oil and gas drilling expenditures […]
I’m in the Wrong Business
Update: As Maury pointed out in the comments, Chavez has reconsidered: Venezuelan-owned Citgo Petroleum, which had earlier indicated it might end a home heating oil assistance program for low-income Americans, yesterday said it had decided […]
A Simple Climate Tax Scheme
The following guest post is by Bob Findlay, a self-employed open source software engineer who lives on a small farm just outside Toronto.—————————-On 07 Apr 26 an Oil Drum blogger named Squalish (http://www.theoildrum.com/node/2499) wrote a […]
How Quickly We Forget
Retail gasoline prices in the U.S. peaked back in July at $4.17 a gallon. (Source: EIA). At the end of 2008, gasoline had fallen to $1.67. We typically use about 140 billion gallons of gasoline […]
Final Comments on Solar Posts
I am going to be offline for a few more days, enjoying some time with the family. In the interim, Tom Standing has sent some detailed replies to some of the comments following his posts […]
Government and Industry Incompetence
I fear that gross incompetence in our federal and state governments – as well as in some of our major industries – is going to make life much more challenging for our children and grandchildren. […]
Top 10 Energy Stories of 2008
Tis the season for Top 10 stories, and here are what I think were the Top 10 energy stories of the year. 1. Unprecedented volatility in the energy markets Oil prices raced to nearly $150 […]
Loading Up on PBR
A little over a month ago, as a result of the dramatic fall in the market capitalizations of oil companies, I opened up a brokerage account with Ameritrade to take advantage of the fire sale. […]
Ambitious Solar Plans in France; Solar Capacity Factors
The following guest post was written by Tom Standing, a “semi-retired, part-time civil engineer for the City of San Francisco.” In Part 1, Tom took a critical look at a 280 MW solar thermal plant […]
Arizona Solar Power Project, Calculations
The following guest post was written by Tom Standing, a “semi-retired, part-time civil engineer for the City of San Francisco.” In Part 1, Tom takes on the calculations for a 280 MW solar thermal plant […]