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 […]
Guest Post: Offshore Wind Power Cost Update
Today I bring you another post from returning guest Todd “Ike” Kiefer who draws some lessons from the decommissioning of the world’s first offshore wind farm. Mr. Kiefer’s biography can be found at the end […]
The Peak Oil Estimate You Won’t Believe: A Tale Of Two Sigmoids
Introduction Over the years, I have often pondered what the world’s ultimate oil production might be before it peaks and inevitably declines. I can recall around 2005-2007 on the website The Oil Drum, that there […]
The Ethanol Industry Braces For Impact
Last week the Renewable Fuels Association (RFA) reported that President Trump is preparing to direct the Environmental Protection Agency (EPA) to make a big change to the country’s Renewable Fuel Standard (RFS). The change is one […]
Meltdown At Gevo
I am currently reading the book The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters. The excess and greed of a few of those profiled is mind-boggling. Of particular note, the late Aubrey […]