There are several important energy chokepoints around the world, but none is more significant and vulnerable than the Strait of Hormuz. Now, following the U.S. bombing of Iranian nuclear facilities on Saturday, the Iranian Parliament […]
Israel-Iran Conflict Keeps Markets on Edge
Following last Friday’s oil price surge in the wake of Israel’s airstrikes on Iran, the oil markets have begun to settle given a sense that a broader regional conflict may be avoidable. But any notion […]
Why the ‘Water-Powered Car’ Story Falls Apart
Over the past two weeks, multiple people have sent me a story about a supposed water-powered car and asked for comment. The story varies, but one widely shared version on Facebook claimed: “In a move […]
Iran-Israel Clash Rattles Energy Markets: What Comes Next for Crude and the Fed
Last Friday the world woke to the kind of news that rattles the oil markets. In the early hours of June 13, Israel launched airstrikes against Iran, reportedly hitting nuclear sites and killing several senior […]
How New Nuclear Policies Could Spark A Market Revival
Nuclear power in the U.S. has been relatively flat for the past 25 years. It is technologically viable, environmentally friendly, yet politically unpopular and economically uncompetitive. But there is new cause for optimism. A new […]
Where’s the Hydrogen Economy?
In his 2003 State of the Union address, President George W. Bush offered a bold vision of a cleaner energy future. Standing before Congress and the nation, he announced a $1.2 billion initiative to develop […]
Oil Markets Face Structural Headwinds from Declining Demand
For most of the past century, energy producers could count on steady oil demand growth. From industrial development in China to population booms in emerging markets, the global appetite for oil kept expanding like clockwork. […]
Peak Oil is Back
The term “peak oil” has sparked debate for decades, fueling speculation, and more than a few forecasts of doomsday scenarios. But for all the noise, it remains a largely misunderstood concept. That’s unfortunate, because peak […]
California Gas Prices Could Surge Past $8 a Gallon by 2026
On the heels of my recent article outlining how California’s unique fuel regulations — not corporate price gouging — are driving up gasoline prices in the state, new developments have added urgency to that conversation. […]
The Return of Saudi Shock Tactics
Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost oil production in […]