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.
The Flares Of North Dakota
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.
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 […]