Although I believe the future belongs to renewable energy and electric vehicles, the transition is going to be bumpy. This is something I have emphasized for years. This year provides a great example. Renewables got […]
IEA’s World Energy Outlook 2023 Predicts Peak Fossil Fuel Demand
The International Energy Agency (IEA) just released its World Energy Outlook 2023 report. The full report may be found here. Perhaps the most noteworthy prediction from the report is of peak demand for fossil fuels […]
Profit, Politics, and Petroleum: Making Sense of the Oil Industry
Good energy policy starts with a good understanding of energy issues. But both major political parties have glaring blind spots when it comes to understanding the energy sector. Let me preface this column by noting […]
Separating Facts from Opinion and Misinformation
I never aspired to be an energy writer. It just happened. I started writing a blog on energy about 20 years ago. It began as a simple attempt to correct the record on a steady […]
The Best Performing Energy Stocks Of Q3 2023
On September 29th the third quarter of 2023 came to a close. The S&P 500 lost 3.6% for the quarter, and nine of eleven S&P 500 sectors turned in a negative return in Q3. Particularly […]
U.S. Oil Production Is Setting New Records
One of my 2023 energy sector predictions was that U.S. oil production would set a new all-time high this year. After record-setting production thus far this year, it would take a collapse along the lines […]
Hannity Versus Newsom On Energy Independence
Following last week’s Republican debate, conservative Fox News host Sean Hannity and California Gov. Gavin Newsom discussed some comments Mike Pence made on energy independence. Pence said that when Donald Trump was president, “We achieved […]
Why Oil is Again Approaching $100
After dropping below $70 a barrel (bbl) in early summer, the price of West Texas Intermediate (WTI) crude has been steadily marching higher. Last week, the price breached $90/bbl for the first time in a […]
California’s Misguided Lawsuit Against Oil Firms
“The search for a scapegoat is the easiest of all hunting expeditions.” — Dwight D. Eisenhower The state of California is suing five major oil companies – BP, ExxonMobil, Chevron, Shell, and ConocoPhillips – as […]
Wind and Solar Energy Take the Lead Over Hydropower
Note: The is the final article in a series on the recently released 2023 Statistical Review of World Energy. Previous topics covered were: Today, I will cover renewable energy in detail. The Renewable Juggernaut Over the […]