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 […]
Can U.S. Shale Oil Offset OPEC Production Cuts?
In an earlier article – Why OPEC’s Announced Cuts Are A Really Big Deal – I addressed some of the skepticism around the recent production cuts enacted by OPEC. Today I want to consider in more depth the […]
My 2017 Energy Predictions
I read an article this morning where one analyst predicted that we are in a 10-15 year bear market for oil. The analyst stated that the market is oversupplied by about a million barrels per […]
Fact-Checking Snopes On Las Vegas And Renewable Energy
When I hear a claim that doesn’t sound quite right to me, I usually check in at Snopes to get the facts. They usually do a good job of debunking fake news, and they provide […]
Grading My 2016 Predictions
Almost a year ago I made my 2016 energy predictions (see “My 2016 Energy Predictions.”) I have been making annual predictions for nearly a decade now, primarily as a framework for sharing my views on […]
The Top 10 Energy Stories Of 2016
A lot happened in the energy sector in 2016, with two major stories leading the way. Both the surprising election of Donald Trump to the presidency, and OPEC’s November announcement to curtail production vied for […]
20 Billion Barrels Of Oil Were Not Discovered In The Permian Basin
Some readers may have noticed that I haven’t been posting as many articles here as I have in the past, but it’s simply because I am busy keeping up with deadlines elsewhere. I have an […]
OPEC’s Announced Production Cuts Are A Big Deal
By now you have undoubtedly heard that late last month at OPEC’s 171st Ordinary Meeting in Vienna, the group announced that it would reduce output by about 1.2 million barrels per day (bpd) by January. […]