Home » Energy (Page 44)
Category Archives: Energy
Europe’s Energy Crisis Is Just Getting Started
Europe’s Energy Crisis Is Just Getting Started While Europe managed to fill its gas storage ahead of winter this year, it will have to import huge amounts of LNG in a competitive market to survive next winter. The next 12 to 24 months will be critical in establishing whether Europe can stave off a long-term […]
The Green Transition is Physically Impossible
The Green Transition is Physically Impossible
The Simple Story of Civilization
The Simple Story of Civilization The stories we fashion about ourselves are heavily influenced by our short life spans during an age of unprecedented complexity. We humans, it would seem, are unfathomably complicated creatures who defy simple “just-so” characterizations. Animals, or humans tens of thousands of years ago are fair game for simple stories, but […]
The Vital Connection Between Oil and the Economy Revealed in 2 Simple Charts
The Vital Connection Between Oil and the Economy Revealed in 2 Simple Charts
The economy is moving from a tailwind pushing it along to a headwind holding it back
The economy is moving from a tailwind pushing it along to a headwind holding it back The problem is hitting limits in the extraction of fossil fuels We know that historically, many economies around the world have collapsed. We also know that there is a physics reason why this happens. Growing economies require a growing supply of […]
Americans Face Elevated Winter Power Outage Risks From Tight Fuel Supplies, Faltering Grid: Report
A Boston-area resident shoveling snow. (AP Photo/Josh Reynolds) Americans Face Elevated Winter Power Outage Risks From Tight Fuel Supplies, Faltering Grid: Report As the snow flies and temperatures plummet, regulatory agencies and analysts alike warn that residents in multiple U.S. states are at an elevated risk of dangerous winter blackouts. States such as Texas and North […]
Germany Unleashed Half-Trillion Dollar ‘Energy Bazooka’ To Keep Lights On
Germany Unleashed Half-Trillion Dollar ‘Energy Bazooka’ To Keep Lights On Western sanctions on Moscow have backfired, failed to paralyze Russia’s economy, and ultimately sparked financial pain for ordinary Europeans and the largest economy in the block. According to Reuters calculations, Germany has hemorrhaged cash to the tune of 440 billion euros ($465 billion) in energy bailouts and […]
Fusion Breakthrough is a Nuclear Nothing Burger
FUSION BREAKTHROUGH IS A NUCLEAR NOTHING BURGER The U.S. Lawrence Livermore National Laboratory kicked off its year-end Go-Fund-Me drive last week announcing a nuclear fusion breakthrough. “The fusion energy breakthrough by US scientists boosts clean power hopes. Net energy gain indicates technology could provide an abundant zero-carbon alternative to fossil fuels.” –Financial Times, December 11, 2022 […]
OPEC Production Fell In November, But 3 Members Actually Boosted Output
OPEC Production Fell In November, But 3 Members Actually Boosted Output OPEC’s crude oil production fell by an average of 744,000 barrels per day, according to OPEC’s Monthly Oil Market Report released on Tuesday. Saudi Arabia’s November production fell by the most among its members, by 404,000 bpd, to 10.474 million bpd—Saudi Arabia’s lowest monthly […]
First Big Freeze Puts “Heavy Strain” On European Power Grids
First Big Freeze Puts “Heavy Strain” On European Power Grids Europe’s cold blast is due to a weak, polar vortex split in the stratosphere, which allowed high pressure to build across Greenland last week. As a result, Arctic air poured over the energy-stricken continent, sending natural gas and power prices higher. The unseasonably cold weather will […]
Who Is Purposely Sabotaging Power Plants All Over America?
Who Is Purposely Sabotaging Power Plants All Over America? Someone has been attacking power plants all over the country, and federal authorities are trying to determine who it is. In recent days, we have seen significant sabotage on both the east and west coasts, and so it can’t just be one individual that is responsible. […]
Coast-To-Coast Winter Storm Sends US NatGas Surging
Coast-To-Coast Winter Storm Sends US NatGas Surging In what’s forecasted to be the first coast-to-coast major winter storm of the season across the Lower 48, traders have furiously panic bid US natural gas futures due to the prospects of increased heating demand. On Sunday, wintery precipitation, powerful winds, and heavy rains battered Intermountain West as a powerful […]
EU’s Oil Price Cap Creates a Price Cap… on Stupidity
EU’s Oil Price Cap Creates a Price Cap… on Stupidity MOSCOW, RUSSIA DECEMBER 1, 2021: Russia’s Foreign Ministry Spokesperson Maria Zakharova gives a weekly press briefing. Russian Foreign Ministry/TASS The EU and the US went forward with their long-debated, long-telegraphed move to put a price cap on Russian oil at $60 per barrel. By […]
Glencore Says This Time Is Different for Coming Copper Shortage
Glencore Says This Time Is Different for Coming Copper Shortage (Bloomberg) — Glencore Plc added its voice to a chorus of miners warning of coming copper shortages, arguing that a “huge deficit” is looming for the crucial industrial metal. Chief Executive Officer Gary Nagle said that while some people were assuming that the industry would […]
