One of my 2023 energy predictions was “Total U.S. oil production will again rise, and set a new annual production record.” The previous annual record was set in 2019 at 12.3 million barrels per day […]
Fourth Generation Nuclear Reactors Take A Big Step Forward
In 2019, the International Energy Agency (IEA) released Nuclear Power in a Clean Energy System, which highlights the importance of nuclear power in decarbonizing the world’s energy sector. The paper notes: “For advanced economies, nuclear […]
House Speaker Kevin McCarthy’s Debt Limit Bill Aims To Repeal Green Tax Credits
Last week House Speaker Kevin McCarthy released a proposed debt limit bill that he says would “responsibly raise the debt limit into next year.” The “Limit, Save, Grow Act of 2023” takes aim at many […]
OPEC Is Back In The Driver’s Seat
One of the benefits of having a well-stocked Strategic Petroleum Reserve (SPR) is that it makes it harder for oil-exporting countries to wage economic war on the U.S. by manipulating oil prices. One of the […]
How Russia’s Invasion Of Ukraine Impacted Gasoline Prices
Following my recent article detailing Average Gasoline Prices Under The Past Four Presidents, I received a flurry of feedback. Some commentors were angry about a comment I made in that article that Russia’s invasion of […]
Nuclear Power Gets A Boost In The United States
Nuclear power has been a source of electricity in the United States for more than 60 years. The first nuclear power plant in the U.S. was the Experimental Breeder Reactor I in Idaho, which started […]
Isn’t It Time To Refill The Strategic Petroleum Reserve?
There is a narrative that I hear from time to time that President Biden made billions of dollars for the country by selling oil from the Strategic Petroleum Reserve (SPR) last year at high prices […]
Which President Oversaw The Largest Changes In U.S. Oil Production?
In the previous article, I reviewed gasoline prices under the past four presidents. I only went back that far because gasoline prices were pretty stable prior to 2000. Today, I want to look at the […]
Average Gasoline Prices Under The Past Four Presidents
In June 2022, driven by a combination of the Russian invasion of Ukraine, an economic recovery from Covid-19, and arguably certain policies of the Biden Administration, the average weekly retail gasoline price hit an all-time […]
Will Lithium Follow The ‘Super-Cycle’ Of Mining?
There’s an old adage for commodities that says, “the cure for high prices is high prices.” The inverse is true as well. In fact, I often heard this phrase when I worked in the oil […]