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Nuclear Fusion: Eternal Energy = Eternal Damnation
Nuclear Fusion: Eternal Energy = Eternal Damnation Like a third rate zombie movie on Netflix, delusions of nuclear fusion repeatedly rise from the dead. The cover story in the June 2023 issue of Scientific American by Philip Ball, “Star Power: Does Fusion Have a Future After All?” recycles the corporate line which was broadcast on December 13, […]
Oil Prices Rebound As U.S. Walks Back Plan To Tap Strategic Petroleum Reserve
Oil Prices Rebound As U.S. Walks Back Plan To Tap Strategic Petroleum Reserve The U.S. Department of Energy is walking back previous comments that it was considering a release of the Strategic Petroleum Reserve and a ban on crude oil exports The DoE isn’t considering tapping the SPR “at this time” Goldman Sachs: SPR release […]
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 […]
WTI Tumbles On Biggest Crude Build In 19 Months
WTI Tumbles On Biggest Crude Build In 19 Months Modest overnight gains following API’s data have been erased as DOE reports a massive surprise (biggest since March 2017) crude build… “We’re right in the middle of refinery maintenance season and you’ll probably see a lot of demand coming offline,” says Michael Loewen, a commodities strategist at […]
Hanford’s Toxic Avengers: Department of Energy Suppresses Deadly Nuclear-Cleanup Flaws
Hanford’s Toxic Avengers: Department of Energy Suppresses Deadly Nuclear-Cleanup Flaws Your tax dollars are on the line. The DOE is set to extend a contract to Washington River Protection Solutions (WRPS) for another year at the Hanford Nuclear Site, despite numerous allegations of misconduct since the company won the initial contract for $7.1 billion in 2008. […]
Why the New EIA Forecast Is Unrealistic
Why the New EIA Forecast Is Unrealistic The Energy Information Administration (EIA) of the U.S. Department of Energy has just released its Annual Energy Outlook (AEO) 2018, with forecasts for American oil, gas and other forms of energy production through mid-century. As usual, energy journalists and policy makers will probably take the document as gospel. […]
What’s Next For Oil: Interview With Former DOE Chief Of Staff
What’s Next For Oil: Interview With Former DOE Chief Of Staff In this week’s MacroVoices podcast, Erik Townsend and Joe McMonigle, former chief of staff at the US Department of Energy, discuss the state of the global energy market, and OPEC’s rapidly diminishing ability to control oil prices. McMonigle believes investors will be hearing more jawboning from […]
GAO asks Congress to prepare for Peak Oil
GAO asks Congress to prepare for Peak Oil [The Department of Energy (DOE) asked Robert Hirsch to come up with a peak oil risk management and mitigation plan which was published in 2005. Nothing happened, so in 2007 the Government Accountability Office asked Congress to prepare for Peak oil because of the many risks that could suddenly […]
The great condensate con: Is the oil glut just about oil?
The great condensate con: Is the oil glut just about oil? My favorite Texas oilman Jeffrey Brown is at it again. In a recent email he’s pointing out to everyone who will listen that the supposed oversupply of crude oil isn’t quite what it seems. Yes, there is a large overhang of excess oil in […]
The Looming Environmental Disaster In Missouri That Nobody Is Talking About
The Looming Environmental Disaster In Missouri That Nobody Is Talking About Since we first highlighted the potential for a “catastrophic event” in Missouri three months ago, there has been little mainstream media coverage. However, as Claire Bernish via TheAntiMedia.org notes, residents near the smoldering fill have expressed increasing frustration with the quarreling agencies offering few answers for an increasing […]
Is The U.S. About To Break One Of Its Own Nuclear Treaties?
Is The U.S. About To Break One Of Its Own Nuclear Treaties? Bill Richardson could teach Donald Trump something about the art of the deal. He has done a lot of them. Richardson also wrote a book about the art of the deal, the big deal, entitled “How to Sweet-Talk a Shark; Strategies and Stories […]
Truth takes a hit in the battle over U.S. oil export ban
Truth takes a hit in the battle over U.S. oil export ban They say that the first casualty of war is truth. And, on both sides of the fight over lifting the ban on exports of U.S. crude oil, the truth has already fallen into a coma. The ban was instituted in 1975 in order […]
Wind May Win The Renewable Race – But At What Price?
Wind May Win The Renewable Race – But At What Price? You only need to drive the long, lonely stretches of highway in west Texas, Kansas, Nebraska, Ohio, Colorado or even parts of California to know that wind farms have become prolific across America. In fact, there are over 48,000 wind turbines spinning their blades in at […]