Some people use the phrases “peak oil” and “peak demand” interchangeably, but the two scenarios lead to entirely different outcomes.
How The Solar Eclipse Will Impact California Utilities
California is home to 40% of the nation’s solar PV systems. Here’s how utilities there are preparing for the solar eclipse that will reduce output across the state by 6 gigawatts.
The U.S. Sets A New Gasoline Demand Record
Peak demand is all the rage, which is odd considering that U.S. gasoline consumption has just reached a new all-time high.
The Flares Of North Dakota
The Bakken isn’t quite booming again, but on a recent trip there I saw plenty of signs that drilling activity is heating up. One thing that means that is flaring is evident almost everywhere oil is being produced.
Why Sanctions On Venezuela Could Benefit U.S. Refiners
Sanctions on Venezuelan oil imports would impact Citgo the most, but other U.S. Gulf Coast refiners could benefit from an embargo on the country’s oil.
Norway’s Oil Consumption Rises Despite Surging Electric Vehicle Sales
Norway leads the world in the adoption of electric vehicles. Oddly, it lags its neighbors in reducing oil consumption.
Oil Got Trounced And Solar Soared In The First Half
Oil and gas companies got hit pretty hard in the first half, but the solar sector turned in a stellar performance.
Oil And Natural Gas Demand Set Records While Coal Slumps
The newest BP Statistical Review shows coal losing market share, while oil and natural gas both set new consumption records.
Renewable Gains Offset Coal’s Decline In 2016
Coal consumption fell in 2016, and renewables picked up the slack. But global energy consumption continues to be dominated by fossil fuels.
Why Oil Prices Have Plummeted
There are many factors influencing oil prices, but the immediate cause can be distilled down to record levels of crude oil in storage.