China's New Energy Plan
On Monday, Beijing announced that it will unveil a plan to develop new energy sources, Continue Reading
On Monday, Beijing announced that it will unveil a plan to develop new energy sources, Continue Reading
Crude oil continues to trade around $70 a barrel as OPEC continues to increase production, Continue Reading
As far back as its initial date of publication, a cartoon drawn by Denver-based cartoonist Continue Reading
1. Production and prices For yet another week, hopes for an economic recovery and the Continue Reading
Across Nigeria, the consistent rise in the cost of diesel fuel to power electric generators Continue Reading
Everyone is a genius in a bull market —old financial saying Disbelief in magic can Continue Reading
World oil consumption will rise for the first time in two years in 2010 as Continue Reading
1. Production and prices It was a very volatile week with oil prices starting off Continue Reading
Hope is the thing with feathers That perches in the soul, And sings the tune–without Continue Reading
Oil prices climbed from $65 to $68 a barrel last week largely on strength in Continue Reading
Peak Oil Task Force Report: If San Francisco is to thrive in the 21st century Continue Reading
1. Production and prices Oil prices climbed from $65 to $68 a barrel last week Continue Reading
When you take these three problems, in an odd sort of way I find some encouragement there because in order for the US to take the steps to wean itself off imported oil you really need to take some pretty drastic action. To do that, you need a broad coalition of support. Any one of these three issues by themselves would not garner enough support. But if you package the three issues together, perhaps you will have enough support to do the sorts of things that are necessary.
Using a coupled climate and carbon cycle model is appropriate if you want to want to estimate future anthropogenic emissions from presumably vast fossil fuel resources, but such a model does not capture what might actually happen “on the ground” in the real world. A prompt transition from oil to coal-based liquids is clearly impossible, as I’m sure—I’m hopeful— Caldeira would admit.
Starting in the vicinity of $60 a barrel on Monday, oil prices closed at $63.56 Continue Reading
Largely unreported in the western press are the devastating effects that electric power shortages are Continue Reading
Many who are counting on a rapid economic rebound in China to lead the world Continue Reading
OPEC countries will trim shipments by 0.8 percent to 22.55 million barrels a day in Continue Reading
Full PDF: Peak Oil Review 07/20/2009 Full and Complete Peak Oil Review: 1. Demand, production, Continue Reading
Everyone in the industry knows it. I think a lot of analysts are reticent to call a spade a spade. At one end of the spectrum you have Matt Simmons who is very vocal and very up front. At the other end of the spectrum the people understand it but aren’t making a big deal out of it.
The dysfunctional symbiosis between the two countries should be a familiar story by now: Americans consume more than they produce, the Chinese produce more than they consume. Americans are spendthrift, the Chinese are frugal. The Chinese make the stuff Americans buy. Americans run large trade deficits, while the Chinese have a large trade surplus. The Chinese manipulate the value of the Renminbi (the Yuan) to keep the imbalance going. The Chinese buy our debt but will not abandon the dollar…
1. Demand, production and prices Since touching a high for the year above $73 a Continue Reading
Since touching a high for the year above $73 a barrel last month, oil prices Continue Reading
The US government has never had so many balls in the air at the same Continue Reading
Recently a friend gave me a copy of a January 22, 1973 issue of Newsweek. Continue Reading