Home » Energy (Page 98)
Category Archives: Energy
The “New Energy Economy”: An Exercise in Magical Thinking
The “New Energy Economy”: An Exercise in Magical Thinking EXECUTIVE SUMMARY A movement has been growing for decades to replace hydrocarbons, which collectively supply 84% of the world’s energy. It began with the fear that we were running out of oil. That fear has since migrated to the belief that, because of climate change and […]
Brace For Shortages of Oil, Natural Gas, Propane, and Coal: It’s Only Going to Get Worse
Brace For Shortages of Oil, Natural Gas, Propane, and Coal: It’s Only Going to Get Worse
Forget $100, Options Traders Now Betting On Oil Prices Hitting $200
Forget $100, Options Traders Now Betting On Oil Prices Hitting $200 $100 Oil is no longer an ‘outrageous’ bet in the call-options market Some speculative traders are now betting on $200 oil in December 2022 For those betting on $100 oil, the leader of the OPEC+ alliance, Saudi Arabia, has a message: look beyond the […]
Peak Oil Demand Forecasts Turn Sour As Demand Keeps Growing
Peak Oil Demand Forecasts Turn Sour As Demand Keeps Growing Predicting oil—or, apparently, gas—prices is a notoriously uncertain business Over the longer term, predicting oil prices becomes even more challenging But besides crazy bets on high oil prices in the near future, there are other signs that the demise of fossil fuels has been greatly […]
#214. Needed – a new model tin-opener
#214. Needed – a new model tin-opener THE LIMITS OF TRANSITION Logically considered, 2021 ought to have been the place where old assumptions go to die. In many ways, it is. Specifically, orthodox, money-based economic interpretation is being debunked. Current events are demonstrating that the economy isn’t, after all, entirely or even primarily a financial system. […]
Material and other limits to scaling wind up to 24 GW by 2050
Material and other limits to scaling wind up to 24 GW by 2050 Preface. Here are just a few of the many important points made in this excellent paper: Research showing no constraints on the materials needed to build wind turbines “dismiss potential physical constraints and issues with natural resource supply, and do not consider […]
Deconstructing Electric Vehicles on the eve of Glasgow COP26
Deconstructing Electric Vehicles on the eve of Glasgow COP26 A lead human-interest story in the weekend Wheels section of a major Canadian newspaper is about a 2-car family’s transitioning from a hybrid to an EV as they “try to be more sustainable”. They upgrade their daily car every few years to seek “improvements in fuel efficiency, reliability […]
Lies, Lies, Lies!
Lies, Lies, Lies! Politicians may be morons when it comes to public policy, but they’re geniuses when it comes to inventing new ways to control your life and steal your money. Tax increases seem old-fashioned compared with new 21st-century ways to take over the financial system to your detriment and make you pay for their […]
Path to a Greener Future: Tax Kids or Just Ban Them Outright
Path to a Greener Future: Tax Kids or Just Ban Them Outright The Greens need to step up to the plate with some truly sustainable proposals. I have a couple of ideas. Ironies of Build Back Better President Biden wants free college education, free preschool for kids, and increased child tax credits. All of these […]
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says The sun rises behind electricity pylons near Chester, northern England October 24, 2011. REUTERS/Phil Noble/File Photo LONDON, Oct 21 (Reuters) – Britain’s energy market faces an absolute massacre that could force at least 20 suppliers into bankruptcy in the next month alone unless […]
JPM: “We Could Be Just Weeks Away From Cushing Effectively Running Out Of Crude”
JPM: “We Could Be Just Weeks Away From Cushing Effectively Running Out Of Crude” Back in April 2020, the landlocked West Texas Intermediate crude oil price briefly crashed into negative territory – a stunning turn of events that cost traders massive losses – when the spot oil market found itself with an unprecedented glut as […]
One Bank Crunches The Numbers On Oil Supply/Demand Dynamics, Reaches A Shocking Conclusion
One Bank Crunches The Numbers On Oil Supply/Demand Dynamics, Reaches A Shocking Conclusion With oil prices surging amid a broader global energy crisis, many are hoping that this particular price spike is truly transitory as incremental supply – whether from OPEC+ or shale – kicks in and resets the market lower. But maybe not so […]
China Export Curbs On Fertilizer Could Worsen Global Food Price Shock
China Export Curbs On Fertilizer Could Worsen Global Food Price Shock China’s move to impose export restrictions on fertilizers will be felt worldwide. Beijing’s increased scrutiny comes as global fertilizer markets have been battered by plant shutdowns and skyrocketing prices that may continue to boost food inflation well into 2022. Chinese Communist Party officials have called for […]
The Long Descent — Decline and Fall of Industrial Society
The Long Descent — Decline and Fall of Industrial Society The title of this piece is borrowed from John Michael Greer’s 2008 book The Long Descent, the central thesis of which is threefold. Firstly, the industrial civilisation we take for granted is unsustainable and is in decline. The evidence for this is all around us but many […]
