As more and more renewable energy comes on to the grid, networks are having to deal with more intermittent supplies from wind and solar power. Energy storage using batteries and other technologies are one answer, enabling surplus energy that is produced at times of low demand to be stored and …
Read More »Oil Headed To $10 a Barrel As Virus Lockdown Eradicates Fuel Demand
Oil prices have collapsed by more than half this year, to $23 per barrel today for West Texas Intermediate crude. But now is not yet the time to buy oil—because the worst is yet to come. Gasoline demand is set to plunge 50%, while jet fuel consumption has all but …
Read More »The U.S. Is Becoming the World’s Largest Oil and Natural Gas Exporter
Amid a thunderstorm of horrifically sad COVID-19 news, I wanted to focus on an energy story to lift your spirits. We all realize that energy markets are such an afterthought right now, but I wanted to give you something. Remember Red, hope is a good thing, maybe the best of …
Read More »China Might Not Buy American Oil
U.S. crude oil exports in total are up nearly 50% over a 12 month period.
Read More »Rising Shale Oil Production Becomes U.S. Self-Sufficient in Market
The U.S. will hardly become completely self-sufficient with oil overnight.
Read More »New Chinese Solar Plant Weaken Cost of Coal Power
Large-scale solar built in the desert regions of northwest China is frequently curtailed.
Read More »The IPO of Saudi Aramco is proceeding very well
Oil will maintain its key role in the global energy mix for the forseeable future.
Read More »Russia Tops U.S. In Global Energy Company Rankings
The Russians and Americans are going head-to-head in a global oil and gas market.
Read More »To Counter U.S.. Russia Allows Gazprom to Sell LNG `At Any Price`
The U.S. has become a serious competitor to Russia in Europe.
Read More »The 4 Climate Projects Ernest Moniz Says We Must Do Right Now
Excess atmospheric carbon could serve as a raw material for all sorts of products and processes.
Read More »