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Limiting EPA’s Power To Regulate Climate-Changing Gases
Supreme Court To Consider Limiting EPA’s Power To Regulate Climate-Changing Gases The ruling could challenge the Biden administration’s plan to curb carbon emissions right after a key White House proposal died in Congress. The Supreme Court agreed Friday to hear a set of cases challenging the Environmental Protection Agency’s authority to regulate greenhouse gases, potentially […]
Twin peaks: Whether it’s supply or demand, oil era heads for crunch time
Twin peaks: Whether it’s supply or demand, oil era heads for crunch time A worker collects a crude oil sample at an oil well operated by Venezuela’s state oil company PDVSA in Morichal, Venezuela, July 28, 2011. REUTERS/Carlos Garcia Rawlins Oct 25 (Reuters) – Energy transition and peak demand predictions have spooked investors in oil, […]
The climate war won’t work
The climate war won’t work There are, in fact, no human comparisons for the effort required to reverse the global-scale damage wrought by 300 years of industrial growth. Nevertheless, people still reach for past human endeavours to try to spur our political leaders to an action which, in truth, is far beyond them. How many […]
COP-26: Stopping Climate Change and Other Illusions
COP-26: Stopping Climate Change and Other Illusions Measured atmospheric CO2 at Mauna Loa Observatory. Note: red = the monthly mean values; black = the same, after correction for the average seasonal cycle. Do not expect significant progress from COP-26 on climate change mitigation. There are fundamental barriers that prevent the deep and rapid changes that […]
COP-26 is a global energy embarrassment
COP-26 is a global energy embarrassment For 26 futile years, the net-zero maniacs have wasted fuel, energy, and taxpayers’ money to bite the hands that provide their food, energy, welfare, and public-sector jobs. Led by E.U. and AUKUS dreamers, they destroy reliable energy from coal, oil, nuclear, gas, and hydro while forcing us to subsidize […]
China Rationing Diesel
China Rationing Diesel China has begun to ration fuel amid the ongoing energy crisis. As reported by the BBC, trucks in China may only fill their tanks with 100 liters (10% capacity) of diesel, with other areas reportedly only allowing 25 liters. The city of Fuyang is limiting purchases and charging drivers a surcharge of up […]
The Nord Stream 2 Pipeline Delay
The Nord Stream 2 Pipeline Delay (Nord Stream Pipeline) European Union leaders are scrambling for solutions to the energy crisis, but their feared friend from the East has reminded them that a solution exists. According to the Associated Press, gas prices in the EU have spiked to 95 euros from about 19 euros per megawatt-hour in […]
Energy Demand Destruction Will Lead To Global Recession, Tellurian Chairman Warns
Energy Demand Destruction Will Lead To Global Recession, Tellurian Chairman Warns One month ago, Goldman said that the one thing that could accelerate the resolution of Europe’s energy crisis was plain, simple “demand destruction” – i.e., a plunge in demand due to prices that were too high until the reduced demand leads to less supply and a […]
What is Surplus Energy?
What is Surplus Energy? I’ve been meaning to write an article featuring Dr. Tim Morgan’s blog for quite some time due to the fact that he has quite an awesome site. You can find his blog here, Surplus Energy Economics. Many people may find the word economics in the name somewhat off-putting, but these economics are more about energy […]
White House Putting Pressure on OPEC to Increase Oil Production Amid ‘Supply Issues,’ Rising Energy Prices
An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, on July 21, 2014. (Todd Korol/Reuters) EXECUTIVE BRANCH White House Putting Pressure on OPEC to Increase Oil Production Amid ‘Supply Issues,’ Rising Energy Prices The White House on Tuesday promised to put pressure on members of the Organization of the Petroleum Exporting Countries (OPEC) […]
Global Food Prices Set To Soar As The Oil And Gas Crunch Continues
Global Food Prices Set To Soar As The Oil And Gas Crunch Continues Oil and gas prices have risen dramatically this year as a result of underinvestment and recovering demand. Higher fuel prices are weighing on global food supply chains, with transportation and farming costs continuing to climb. The hardest hit will, once again, be […]
The Global Economy Is Rapidly Slowing Down
The Global Economy Is Rapidly Slowing Down Summary Between a domestic real estate bubble bursting, the Evergrande debt crisis, electricity power outages, plus negative service and manufacturing PMIs in September, China’s economic slowdown has been very swift. The practice of defaulting on foreign debt and trying to restructure domestic debt is common in emerging market […]
Gas Stations Across Iran Crippled After Massive Cyberattack
Gas Stations Across Iran Crippled After Massive Cyberattack Iran has announced that the country’s energy infrastructure was hit by a massive cyberattack on Tuesday, which left state subsidized gas stations across the country out of commission, resulting in very long lines of cars observed waiting to fill up in many towns and cities. The timing is […]
Oil Prices Will Remain High For Years To Come
Oil Prices Will Remain High For Years To Come A growing number of major investment banks are turning bullish on oil in the medium to long term. A lack of investment is leading to supply deficits as demand rebounds to pre-COVID levels. Rebounding consumption and tight supply could push oil prices even higher. Six years […]
Putin Lays Cards Down: Approve Nord Stream 2 To Get More Gas
Putin Lays Cards Down: Approve Nord Stream 2 To Get More Gas Russia could immediately increase natural gas deliveries to Europe as soon as German authorities approve the Nord Stream 2 pipeline, the Financial Times reports, citing President Vladimir Putin as saying gas can be delivered “the day after tomorrow” if approval is granted “tomorrow”. Putin […]
