The Shale Boom Might Not Last Long | OilPrice.com

U.S. shale is growing at a scorching rate, but will the shale industry be around for the long haul? A new study calls into question the heady projections for shale oil and gas, arguing that expectations of huge levels of production for decades to come are based on shaky assumptions.The Post Carbon Institute’s report argues … Continue reading The Shale Boom Might Not Last Long | OilPrice.com

U.S. monthly crude oil production exceeds 10 million barrels per day, highest since 1970

U.S. crude oil production reached 10.038 million barrels per day (b/d) in November 2017, according to EIA’s latest Petroleum Supply Monthly. November’s production is the first time since 1970 that monthly U.S. production levels surpassed 10 million b/d and the second-highest U.S. monthly oil production value ever, just below the November 1970 production value of … Continue reading U.S. monthly crude oil production exceeds 10 million barrels per day, highest since 1970

Calming Chicken Little: An EV Grid Tale Without the Scary Ending

When kids hear the fairy tale Chicken Little, they learn that a confused little bird is hit on the head with an acorn and concludes the sky is falling. It then manages to convince a handful of other animals of this, and they do a whole lot of running around for absolutely no good reason … Continue reading Calming Chicken Little: An EV Grid Tale Without the Scary Ending

The Oil Rally Is Helping Renewables

It may sound counterintuitive, but higher crude oil prices have proved to be a boon for the renewable energy industry, at least when it comes to adoption of clean energy solutions and products—notably electric cars. This year, thanks to the oil price rally, EVs, solar and wind power will continue to grow, according to the … Continue reading The Oil Rally Is Helping Renewables

IEA: “Era Of Expensive Renewables Is Over”

After a record breaking year in 2016 for solar PV, the IEA overhauled its forecast for the next five years, significantly raising the projected growth profile for renewable energy.In its new report, Renewables 2017, the IEA argued that it now sees renewable energy as a serious global force, increasingly taking market share away from coal … Continue reading IEA: “Era Of Expensive Renewables Is Over”

Per capita residential electricity sales in the U.S. have fallen since 2010

July 26, 2017 Following sustained growth through 2010, U.S. residential electricity sales have declined in both absolute and per capita terms. Although changes in the weather are a key driver of year-over-year fluctuations, energy efficiency improvements and economic factors have contributed to the decline in per capita residential electricity sales since 2010. Residential electricity sales … Continue reading Per capita residential electricity sales in the U.S. have fallen since 2010

Tesla, Porsche And Mercedes Developments Signal Sizeable Switch To Electric

The three winning drivers take a selfie with their Porsche 919 Hybrid race car after winning the 85th Le Mans 24-hours race on June 18, 2017. Porsche will leave Le Mans for Formula E. Photo byJEAN-FRANCOIS MONIER/AFP/Getty Images In the last week, three hugely important things transpired to signal a seismic shift towards electric cars, … Continue reading Tesla, Porsche And Mercedes Developments Signal Sizeable Switch To Electric

An Antidote to the Utility-Versus-Renewables Conflict

A New York Times analysis this month tallied the states that recently rolled back net metering and other policies to encourage distributed solar, attributing the developments in large part to a well-funded network of utility lobbyists. In much of the nation, though, the solar-versus-utilities dynamic has given way to a more nuanced give-and-take over the … Continue reading An Antidote to the Utility-Versus-Renewables Conflict

Britain To Ban Fossil Fuel Vehicles By 2040

Great Britain will ban all new diesel and gasoline-powered automobiles after 2040, according to Environment Secretary Michael Gove. In an announcement Wednesday morning, Gove confirmed that vehicles powered solely by fossil fuels will no longer be sold in Britain, and will instead be replaced by electric vehicles (EVs). The post, Britain To Ban Fossil Fuel Vehicles By … Continue reading Britain To Ban Fossil Fuel Vehicles By 2040