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Solar Energy on the Frontlines and Old-Fashioned Clotheslines
Solar Energy on the Frontlines and Old-Fashioned Clotheslines Solar energy comes to Earthlings in many ways. Ancient Persians used passive solar architecture. East Africans about the same time funneled cool ocean wind through tunnels to cool themselves. Now at long last, solar energy is outpacing new fossil fuel and nuclear facilities on price, environmental safety, […]
Australia’s diesel imports on record high Update June 2021
Australia’s diesel imports on record high Update June 2021 Australia’s monthly diesel imports reached a record of 2,360 ML (495 kb/d) in June 2021. While it is common for imports to vary from month to month there is a long term increasing trend. This is caused by diesel consumption on a continuing growth path while […]
Kemp: Forget Russian Intentions, Fundamentals Drove Up Europe’s Gas Price
Kemp: Forget Russian Intentions, Fundamentals Drove Up Europe’s Gas Price European policymakers and some traders blame Russia for the low volume of gas stored across the region which has sent both gas and electricity prices surging to record highs. Russia’s pipeline gas export monopoly Gazprom has met commitments for long-term contracts, its clients confirm. But […]
How will 500,000 products made with fossils as feedstock & process energy be created post fossil fuels?
How will 500,000 products made with fossils as feedstock & process energy be created post fossil fuels? Preface. It is quite likely that after fossils are gone, plastics will no longer be made, since they are incredibly complex – PhDs in numerous fields make them possible – and most kinds have been around for only […]
US Heating Oil Supplies Lowest In Decades Ahead Of Winter
US Heating Oil Supplies Lowest In Decades Ahead Of Winter Americans are hoping the energy crisis in Asia and Europe won’t spread stateside. But industry insiders warn that winter blackouts across the US are possible as low fossil fuel stockpiles may lead to shortages amid heightened demand. The latest concern is ultra-low stockpiles of heating oil (distillate fuel […]
Entirety Of Lebanon Goes Dark, Mass Power Outage To Last Several Days
Entirety Of Lebanon Goes Dark, Mass Power Outage To Last Several Days On Saturday the entirety of Lebanon was plunged into darkness, with the electricity grid shut down completely after the small Mediterranean country’s two main power stations reportedly ran out of fuel. “The al Zahrani and the Deir Ammar power stations stopped working after supplies […]
The Energy Transition Will Take Decades Not Years
The Energy Transition Will Take Decades Not Years With natural gas, coal, and oil prices all soaring this summer, it is clear that a successful energy transition will take decades not years Some energy transition proponents may have confused Covid energy demand destruction with a change in consumer behavior The truth is that an energy […]
Gazprom Plant Connected To Russia-China Gas Pipeline Shuttered Due To Fire
Gazprom Plant Connected To Russia-China Gas Pipeline Shuttered Due To Fire China’s energy crunch has resulted in power rationing in more than half of the provinces and affected the world’s biggest production base for electronic gadgets to semiconductors to appliances, among other things. Beijing has ordered energy firms to “secure supplies at all costs” as winter fast […]
One Of Wall Street’s Biggest Oil Bears Sees Higher Crude Prices On The Horizon
One Of Wall Street’s Biggest Oil Bears Sees Higher Crude Prices On The Horizon Standard Chartered Global Research has maintained its somewhat bearish oil price outlook during the last couple of months, but last week, the investment bank suddenly turned bullish Standard Chartered raised its 2021 average Brent price forecast by USD 6/bbl to USD […]
Energy Crisis May Unleash Winter Blackouts Across US, Insider Warns
Energy Crisis May Unleash Winter Blackouts Across US, Insider Warns The energy crisis that is rippling through Asia and Europe could unleash electricity shortages and blackouts in the U.S., according to Bloomberg. Ernie Thrasher, CEO of Xcoal Energy & Resources LLC., told energy research firm IHS Markit that U.S. utilities quickly turn to more coal because of soaring natural […]
Coal for Christmas
Coal for Christmas China’s Supply Chains in an Energy Crisis In mid-April 2021, I began receiving reports from sources in China and the United States that certain regions in China had begun to experience ongoing power disruptions at their warehouses and manufacturing facilities. Most notable of these was in south China’s Guangdong megaregion, where in […]
Europe’s Gas Prices Surge To Avert Risk Of Winter Shortage
Europe’s Gas Prices Surge To Avert Risk Of Winter Shortage Europe’s gas and electricity prices are setting record highs on a daily basis and rising at an accelerating rate as the market tries to destroy enough demand to protect depleted inventories ahead of the winter. Gas storage sites in the European Union and United Kingdom are currently just under […]
Energy Crisis Hitting for the Winters of 2021 and 2022
Energy Crisis Hitting for the Winters of 2021 and 2022 The greatest problem I have is that those in power are evolving to the lowest possible denomination. Thirty years ago, I would have intelligent conversations with heads of state. Those days are gone. If I met with Biden, I would probably have to bring a […]
EU Politicians Panic As Natgas Prices Explode 40% Overnight
EU Politicians Panic As Natgas Prices Explode 40% Overnight Europe’s power crunch is roiling energy markets Wednesday as Dutch and U.K. natural gas futures jumped 60% in just two days, hitting record highs along with soaring power prices. Front-month Dutch natgas futures rose an astonishing 40% today to a record 162.125 euros per megawatt-hour after […]
Europe Turns To Russia For More Coal As Energy Prices Skyrocket
Europe Turns To Russia For More Coal As Energy Prices Skyrocket Europe is facing a perfect storm of increasing demand for energy in the wake of the COVID-19 pandemic, and a dwindling supply of natural gas used to produce electricity. As Europe’s struggling energy markets look to import any form of affordable energy they can, […]
