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.
The World Is Millions Of Barrels Away From Peak Oil
The newest BP Statistical Review shows that demand for oil has never been higher, despite continued exponential growth in electric vehicle sales.
The U.S. Must Not Abdicate Leadership On Climate Change
President Trump’s recent decision to pull out of the Paris climate agreement is short-sighted and may have significant ramifications for the U.S.
Fracking Saves Americans $180 Billion Annually On Gasoline
Last month the Energy Information Administration reported that retail gasoline prices heading into Memorial Day weekend averaged $2.40 per gallon nationally. This marked the second-lowest price ahead of the Memorial Day weekend since 2009. The EIA included […]
Interview With A Bakken Oilfield Worker
What’s it like to be an oilfield worker in the Bakken in North Dakota? I spoke with someone who provides a firsthand account.
The Strategic Petroleum Reserve May Have Outlived Its Purpose
In December 1975, when memories of gas lines were fresh on the minds of Americans as a result of the 1973 OPEC oil embargo, Congress established the Strategic Petroleum Reserve (SPR). The law was designed “to […]
The Oil Outlook Turns Bearish
Note: This article originally appeared on Forbes. OPEC’s 172nd ordinary meeting will take place next week in Vienna, Austria. At that meeting, the cartel will decide whether to extend crude oil production cuts that were […]
Site Migration In Progress
If you found me here, please pardon the mess. I am currently migrating old posts to the new site, which itself is a work in progress. You will see many old posts show up, many […]
Petroleum Demand Still Setting Records
I continue to see reports each week that declare that the end of the oil age is at hand. But at some point, the models and projections have to be reconciled with the data. Although […]