The U.S. was historically the world’s largest carbon dioxide emitter, but China now emits more than the U.S. and EU combined.
China Emits More Carbon Dioxide Than The U.S. and EU Combined
Global Carbon Dioxide Emissions Set New Record
Why Oil Prices Are Surging
Here’s why oil prices surged this week to the highest levels since the price crash of 2014.
Blame Oil For Our Trade Deficit With Canada
To the extent that the U.S. has a trade deficit with Canada, you can blame crude oil imports. But this situation is probably better than the alternative.
World Sets New Records In Use Of Solar, Wind – And Oil
The new BP Statistical Review shows that a lot of energy production and consumption records were broken in 2017. Subsequently, the world also emitted a record amount of carbon dioxide.
Venezuela’s Oil Exports Are Headed Toward Zero
GlobalData recently projected that Venezuela’s crude oil production would drop to one million barrels per day by the end of the year. At this rate of decline, the country may have no more oil for export by early 2019.
Why Did China Tap The Brakes On Its Solar Program?
China just slashed subsidies to its solar industry. Was this decision a concession in a potential trade war with the U.S.?
Who Is To Blame For Higher Gasoline Prices?
Presidents like to take credit for low gas prices and higher energy production, but the reality is a bit more complex than that.
Permian Producers Struggle To Make Money
Only a handful of oil companies generated positive cash flow in the first quarter. Notably, none of them operate primarily in the Permian Basin.
Has Norway Reached Peak Demand?
Fuel consumption in Norway declined in 2017 for the first time in several years. Have Norway’s electric vehicle policies finally resulted in peak oil demand there?