Home » Energy (Page 152)
Category Archives: Energy
OPEC Slashes Oil Demand Forecast On Coronavirus Crunch
OPEC Slashes Oil Demand Forecast On Coronavirus Crunch Perhaps buoyed by speculation that oil demand in China is set to plunge as much as 20% if not more on the coronavirus “demand shock”, on Tuesday OPEC slashed it forecast for global oil demand by almost a quarter million barrels per day as the coronavirus pandemic cripples fuel use in […]
Coronavirus Could Crush Natgas Market Amid Collapsing Chinese Demand
Coronavirus Could Crush Natgas Market Amid Collapsing Chinese Demand Last week we warned that the drop in Chinese petroleum consumption could spark one of the “biggest shocks to oil markets since the Lehman crisis.” Now it seems the fast-moving contagion has spread to liquefied natural gas (LNG) markets, Fitch Ratings detailed in a new report. LNG markets […]
The Coming Exponential Silver Price Movement
The Coming Exponential Silver Price Movement As the global highly-leveraged debt-based financial system comes under serious stress, investors are going to finally realize that the silver market is very tiny and extremely undervalued. This is when we will likely see the exponential silver price movement. And, it’s not a matter of “IF,” but rather a […]
Note to EIA: Major shale operator sending cash elsewhere
Note to EIA: Major shale operator sending cash elsewhere John Hess, CEO of Hess Corporation, a large U.S.-based independent oil producer, recently told a Houston audience where he’s putting the company’s money these days: Offshore drilling. That should strike those who know of Hess Corporation’s heavy involvement in the Bakken shale play (in North Dakota) as […]
The Race For Arctic Oil Is Heating Up
The Race For Arctic Oil Is Heating Up Despite climate concerns and environmentalist backlash against exploration for oil and gas in pristine sensitive regions of the Arctic, companies continue to explore for hydrocarbon resources in the Arctic Circle, in Russia and Norway in particular. The largest Russian energy companies are looking to explore more Arctic […]
Gas Wars in the Mediterranean
Gas Wars in the Mediterranean The unexpected alliance between Turkey and Libya is a geopolitical earthquake that changes the balance of power in the eastern Mediterranean and across the Middle East. Turkey’s audacious move has enraged its rivals in the region and cleared the way for a dramatic escalation in the 9 year-long Libyan civil […]
“Gasmaggedon” Sweeps Over Global Gas Market
“Gasmaggedon” Sweeps Over Global Gas Market China’s state-owned gas importers are considering declaring force majeure on LNG imports, which would amplify the turmoil in global gas markets. LNG prices have already plunged to their lowest levels in a decade in Asia as the ramp up of supply in 2019 came at a time when demand has slowed. […]
OPEC+ Committee Fails To Agree On Proposed Production Cuts
OPEC+ Committee Fails To Agree On Proposed Production Cuts Oil futures remain in a bear market following the collapse in oil demand from China amid two-thirds of its economy shutdown following the coronavirus outbreak. This forced the OPEC+ technical committee to meet in Vienna, Austria, for a third day this week, to discuss the importance of slashing […]
U.S. Top Shale Oil Fields Decline 10 Times Faster Than Global Oil Industry
U.S. Top Shale Oil Fields Decline 10 Times Faster Than Global Oil Industry The Global Economy is heading for serious trouble when the disintegration of the U.S. Shale Oil Industry begins, likely within the next few years. With Global GDP growth based on world oil production growth, the main driver has been the U.S. shale […]
After peak oil we need small family farms. But U.S. farms are getting even bigger
After peak oil we need small family farms. But U.S. farms are getting even bigger Preface. Oh dear, wrong direction! Eventually 75 to 90% of Americans will need to be farmers to feed their family and support craftsmen and others in towns, just as it always was before fossil fuels arrived. These big farms are […]
What is Low-Carbon Living?
WHAT IS LOW-CARBON LIVING? It’s re-imagining our lives to be more resilient, more abundant and more luxurious, while also being gentler on the Earth. Sound impossible? It’s not! My little family of four utilizes appropriate technology to lower our homestead’s carbon footprint, and it makes us happier, healthier and better connected to our community. Check out […]
Saudi Arabia Pushes For OPEC Production Cut Of Up To 1 Million B/d As Outbreak Weighs On Demand
Saudi Arabia Pushes For OPEC Production Cut Of Up To 1 Million B/d As Outbreak Weighs On Demand Half of China’s economy – the second largest in the world – is expected to be offline through at least mid-February. Traders started pricing in the impact on oil demand weeks ago. And now that it’s become […]
Jason Kenney’s Other Pipeline War Is with Michigan
Jason Kenney’s Other Pipeline War Is with Michigan Locals say Enbridge’s aging Line 5 is a disaster waiting to happen and Alberta’s premier should butt out. Locals urging the aging pipeline be closed down fear it could imperil drinking water for tens of millions of people. Some wonder why Kenney, who has claimed Alberta is […]
Japan Set To Release 1.2 Million Tons Of Radioactive Fukushima Water Into Ocean, Causing “Immeasurable Damage”
Japan Set To Release 1.2 Million Tons Of Radioactive Fukushima Water Into Ocean, Causing “Immeasurable Damage” Just in case a global viral pandemic, whose sources are still unclear and apparently now include human feces, wasn’t enough, the global outrage meter is about to go “up to eleven” with Japan now set to flood the world’s oceans […]
