The U.S. was historically the world’s largest carbon dioxide emitter, but China now emits more than the U.S. and EU combined.
Global carbon dioxide emissions are at an all-time high — and rising.
Here’s why oil prices surged this week to the highest levels since the price crash of 2014.
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.
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.
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.
China just slashed subsidies to its solar industry. Was this decision a concession in a potential trade war with the U.S.?
Presidents like to take credit for low gas prices and higher energy production, but the reality is a bit more complex than that.
Only a handful of oil companies generated positive cash flow in the first quarter. Notably, none of them operate primarily in the Permian Basin.
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?