Home » Energy (Page 142)
Category Archives: Energy
How Saudi Arabia Caused The Worst Oil Price Crash In History
How Saudi Arabia Caused The Worst Oil Price Crash In History Saudi Arabia made good on its promise to flood the market with oil after the collapse of the previous OPEC+ deal in early March. The Kingdom’s oil exports jumped by 3.15 million bpd to 11.34 million bpd in April. Saudi Arabia made good on […]
Canadian Banks Hit Hard By Low Oil Prices
Canadian Banks Hit Hard By Low Oil Prices Canada’s government has been perhaps surprisingly ready to help the country’s ailing oil industry. Interest-only loans, backstopping loans that troubled companies can’t pay have been among the steps taken so far. But they may not be enough. Canada’s oil industry has arguably suffered more than its peers across its […]
From Hurricane Maria to COVID, Gas Lobbyist-turned-Trump Energy Lawyer Uses Crises as ‘Opportunity’
From Hurricane Maria to COVID, Gas Lobbyist-turned-Trump Energy Lawyer Uses Crises as ‘Opportunity’ Among a string of recent environmental rollbacks, President Donald Trump’s U.S. Department of Energy (DOE) aims to vastly narrow the scope of environmental reviews for those applying for liquefied natural gas (LNG) export permits. The proposal has been guided by Bill Cooper, a former oil and […]
Washing Clothes Off the Grid
Washing Clothes Off the Grid Laundry detergent is a prep item that I have not begun to stock up on. I was planning on using some form of soap and baking soda mixture to wash clothing, but the below recipes look more appealing. I came across this recipe that was found on a preparedness forum that is mentioned […]
United States: An Obituary
United States: An Obituary The United States of America was problematic from the start. It was founded on genocide and slavery, and, while frequently congratulating itself on the rights and freedoms it granted its citizens, never managed to confront the demons in its past. The question would arise repeatedly, generation after generation: rights and freedoms […]
Europe must prepare for life after oil
Europe must prepare for life after oil The COVID-19 pandemic is forcing us to leave the fossil fuel era behind. Europe needs to begin preparing for what comes next. Oil prices have crashed. The most visible cause has been the measures taken to contain the COVID-19 pandemic, which have triggered record lows in global oil […]
The Unique Ways Oil Companies Are Looking To Avoid Bankruptcy
The Unique Ways Oil Companies Are Looking To Avoid Bankruptcy Many U.S. shale firms have cruised through the past couple of years by borrowing money and drilling new wells, making the United States the world’s top crude oil producer. The strategy worked for a while, especially when oil prices were around $60 a barrel. But […]
Building a national super grid in America
Building a national super grid in America Preface. Renewables are not evenly distributed. Just 10 states have 80% of hydropower (Homeland Security 2011), 10 states produce 75% of wind power (EIA 2017), and 10 states produce 79% of solar power (CE 2020). With a national grid, instead of having to curtail power so the grid […]
The Most Dramatic Year In The History Of Oil
The Most Dramatic Year In The History Of Oil There are very few industries in the world that have been hit as hard or are set to face as many consequences as the oil and gas industry in 2020. In a recent report, Fitch Ratings forecast that oil and gas exploration and production companies would lose […]
Mediterranean Oil Tensions Are Boiling Over
Mediterranean Oil Tensions Are Boiling Over Under pressure in Libya–where it’s gone head-to-head with General Haftar in an ongoing battle to decide who gets to ultimately control the country’s oil revenues–and floundering in Syria, Turkey is once again upping the ante in the Mediterranean, this time preparing to issue new oil and gas exploration licenses […]
Oil consumption of containerships
Oil consumption of containerships Preface. Since 90% of international goods move by ships, I was curious about how much fuel they burned. It’s a lot: The very large container ship CMA CGM Benjamin Franklin above, which can carry 18,000 20-foot containers, carries approximately 4.5 million gallons of fuel oil, which takes up 16,000 cubic meters […]
Oil Market Heading For Months Of Deficit
Oil Market Heading For Months Of Deficit The oil market is set for a deficit from August onwards, even after OPEC+ eases the current cuts that are up for a tentative extension through July, Rystad Energy analysts said on Friday. Assuming that global demand recovery continues in the coming months, the oil market will still […]
Australia outsources its oil reserve problem to the US
Australia outsources its oil reserve problem to the US From the Energy Minister’s media release: Australia to boost fuel security and establish national oil reserve The Australian Government is boosting the nation’s long-term fuel security by taking advantage of dramatic falls in global oil prices and building on our historic agreement with the United States […]
Increased Violence Reflects an Energy Problem
Increased Violence Reflects an Energy Problem Why are we seeing so much violence recently? One explanation is that people are sympathizing with those in the Minneapolis area who are upset at the death of George Floyd. They believe that a white cop used excessive force in subduing Floyd, leading to his death. I believe that there […]
