The first half of the year is in the books. Following its best quarterly performance in nearly ten years in the first quarter, the S&P 500 returned 3.8% in the second quarter. For the first half of […]
Coal Demand Rises, But Remains Below Peak Levels
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. In the first article of […]
The U.S. Accounted For 98% Of Global Oil Production Growth In 2018
Earlier this month BP released its Statistical Review of World Energy 2019. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Each year, I do a series of articles […]
How California’s Oil Hypocrisy Presents A National Security Risk
Tensions are running high after Iran shot down an unarmed U.S. drone in the Strait of Hormuz between the Persian Gulf and the Gulf of Oman. The Strait of Hormuz is critically important to the […]
BP Warns Of An Unsustainable Path
Last week the BP Statistical Review of World Energy 2019 was released, covering energy data through 2018. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. I consider it to […]
U.S. Renewable Power Capacity Surpasses Coal For The First Time
The revolution in renewable power hit a new milestone in April. Last week the Federal Energy Regulatory Commission (FERC) released it’s latest Energy Infrastructure Update (EIU), with data through April 2019. According to a press release by the non-profit SUN DAY […]
The Race To Upgrade Iraq’s Power Sector
Siemens and GE jockey for position in Iraq With the sweltering summer heat advancing, Iraq’s electricity sector is in desperate need of an upgrade. Residents suffer significant daily power outages, which often makes life unbearable […]
Why Oil Prices Have Crashed – And What Investors Should Do Now
It was only a month ago that I began advising investors to ease up on certain energy stocks, following 20%-30% gains since the beginning of the year. But a brutal May and a weak start to […]
Mexico Is Our Most Important Natural Gas Export Market
Recently the Trump Administration announced plans to impose a 5% tax on all goods imported from Mexico unless “the illegal migration crisis is alleviated.” These tariffs would potentially rise to 25% by October. Many business […]
Ethanol Industry Suffers A Court Defeat
Ethanol supporters were certain conditions for them would improve following Environmental Protection Agency (EPA) Administrator Scott Pruitt’s resignation. As Oklahoma’s Attorney General, Pruitt had sued the EPA over the Renewable Fuel Standard (RFS). As EPA Administrator, Pruitt was generally viewed as hostile to […]