Category: Other

Prices and production Crude closed on Wednesday at $62.05 a barrel, the highest level in Continue Reading

After rising by $10 a barrel since mid-April, oil prices continued to increase early last Continue Reading

I would be crazy to get involved in this dispute, so I won’t, and besides 1) I’m not up on these issues; and 2) I don’t think Cap & Trade as opposed to a Carbon Tax matters one bit, which is why I’m not up on these issues. However, the Romm versus Hansen dispute does deserve comment because it directly addresses the question of how much CO2 in the atmosphere constitutes dangerous human interference with the Earth’s benign Holocene climate. But first I need to explain why Cap & Trade doesn’t matter.

1. Last Week 2. Some Economic Implications of Peak Oil 3. Quote of the Week Continue Reading

         Chevron Corp. said its $4.7 billion Tahiti field in the Gulf of Continue Reading

I’ll talk about the baseload issue, but once again we must confront the difference between talking the talk and walking the walk. Actions speak louder than words. Why do we require 3 to 5 years of planning to modify the grid to integrate renewables? Haven’t the Danes already done this? What’s the hold-up?

The allure of easy wealth glitters very brightly if your wages have not kept up with inflation for over two decades while two principal wage earners struggle to support the household where once—a long time ago in a galaxy far, far away—one would do. The bubbly asset inflation created by the FIRE economy gave Americans the illusion of increased wealth, which spurred unsustainable levels of consumption in the period 1995-present.

Prices started last week above $52 a barrel, then fell sharply in sympathy with a Continue Reading

US natural gas prices fell again last week to their lowest point in more than Continue Reading

The petroleum industry is saying that the new standards will cost consumers billions of dollars Continue Reading