Of 250 Million Vehicles Only 142,000 Are Powered by Natural Gas
There are more than 250 million vehicles on the road in the U.S., and of Continue Reading
There are more than 250 million vehicles on the road in the U.S., and of Continue Reading
It is hardly an exaggeration to say that humanity has reached a fork in the road, and future generations await our decision. Our energy & economic prospects are at stake, and these two necessities are inextricably linked. At such turning points, it is natural for apprehension to cloud our judgment. We want to hang on to what we have, or improve upon it, but our uncertainty is greater than our ability to discern the long-term future. The only things that seem clear are that the future will not resemble the past, and must not resemble it.
1. Production and Prices Crude prices started the week firmly as traders hoped for an Continue Reading
Crude prices started the week firmly as traders hoped for an improvement in the US Continue Reading
Layer upon layer of confusion pervades the discussion of why oil prices have been so volatile over the last 3 years. People often yearn for simple explanations. Some want somebody to blame, while others hold on to cherished theories. In these cases observers demand a Black Or White view of events which caricatures more complex realities.
It’s a little difficult to answer because there are two different kinds of money we’re talking about: what will industry spend and where should government spend? Because if the industry is going to spend money on shale gas, which it is, then the government doesn’t have to spend any money there. Shale gas is a natural answer to the near-term energy problem; it’s one of the big answers we’ve got.
(clips from recent Peak Oil News dailies are indicated by date and item #) Kuwait’s Continue Reading
Crude prices gyrated within a dollar or two of $70 a barrel last week as Continue Reading
By a narrow vote of 219 to 212 the 1200-page Waxman-Markey climate change legislation passed Continue Reading
1. Production and Prices Crude prices gyrated within a dollar or two of $70 a Continue Reading