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Daniel Yergin Massively Reduced His Energy Estimates

If one can’t rely on Daniel Yergin for soothing reassurances about the state of the global oil market, who you gonna call?

Daniel Yergin and his associates at Cambridge Energy Research Associates (CERA) have consistently predicted a 20% to 25% increase in global total liquids production (which consists of crude oil, condensate, natural gas liquids, refinery gains and other liquids such as low net energy biofuels).

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Wind Energy Realities

Reasons for interest in electric power generation from wind are multifold. First, wind is a renewable energy source. It is not likely to deplete over time, which is not the case for oil, coal, and natural gas.

Second, wind electric power generators use no water, which is in declining supply in many places in the world.

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