I have made a lot of predictions in my writings, and my own impression is that my track record has been pretty good. But I started wondering a few days ago if that’s because I […]
This Week in Petroleum 7-18-2007
It’s been a while since I updated one of these, but this seems like a good time for an inventory review. Crude inventories are very high, distillate inventories are about normal, and gasoline inventories were […]
Jim Jubak Gets Religion, NPC Endorses Peak Lite
Jim Jubak, a popular prognosticator over at MSN’s MoneyCentral, has gotten religion over peak oil: The oil squeeze has just begun “World will face oil crunch in five years.” That’s not exactly the kind of […]
Biodiesel Growth Slowing
From yesterday’s OPIS: It has been a tough year for biodiesel markets as well as for biodiesel producers. Plants are struggling to break even against high feedstock costs including near-record high soy oil prices. That […]
Hot Gas is a Bunch of Hot Air
The Owner Operator Independent Drivers Association (OIDA) has launched a new website to “educate” people on the issue of hot gas. And by educate, I mean misinform and obfuscate. I can’t help but wonder about […]
Storing Renewable Energy
First, thanks to all who provided input for the renewable diesel essay. The comments were useful, and will help me to strengthen the chapter. Second, I had said that today I would comment on Benjamin […]
Requesting Feedback on Renewable Diesel Essay
As some of you may know, I am writing the renewable diesel chapter for a book on renewable energy. My submission is due at the end of July. The chapter is well underway, but I […]
A Seamless Transition to a Post-Fossil Economy?
I am going to be covered up through the weekend, but there have been some good discussions down the page that I want to bump up as stand alone posts. One is a discussion of […]
The Risk of Maintaining Low Inventories
All through the spring and early summer I kept pointing to falling gasoline inventories as a potential problem. Running inventories down to very low levels greatly increases the risks associated with any supply disruptions. And […]
Peak Lite Revisited
Introduction While I believe that a global peak in worldwide oil production presents an unprecedented challenge to the way most of the Western world lives our lives, I do not believe that world oil production […]