Oil producers’ rapid response to the latest move upward comes in contrast to the second quarter, when a moderate price recovery was met with only modest hedging interest. via Rigzone.com: Latest News […]
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Wind and solar keep getting cheaper and cheaper
A new analysis suggests that we continue to move into a world in which it makes more economic sense to draw electricity from the sun or the winds, rather than from fossil […]
Household heating costs are expected to be lower than previous two winters
Most U.S. households can expect lower heating expenditures this winter (October through March) compared with the past two winters. In most regions, the decline in expenditures is attributed to the combination of […]
Supreme Court Review of Demand Response
Demand response (DR) is a critically important tool for creating a more flexible power grid. The Department of Energy recently concluded that DR can enable greater deployment of renewables and reduce new […]
BP Spells Out What’s Wrong With Big Oil In One Chart
The trouble in the oil industry may have started with a supply glut, but the problems are rapidly spreading across all facets of the industry. BP recently included the chart below in […]
NextEra on Storage: ‘Post 2020, There May Never Be Another Peaker Built in the US’
Energy storage at utility scale just got a $100M vote of confidence from one of the world’s largest utilities. NextEra Energy wants to be “the largest, most profitable clean energy provider in […]
East Coast distillate fuel oil inventories higher than in recent years
Inventories of distillate fuel oil in the U.S. East Coast are higher now than they have been in the previous three years, reaching 59 million barrels on September 18. Most of the […]
Press Release: Offers for Paris Climate Talks Would Reduce Warming by 1°C
The current national offers of climate action submitted to the United Nations Framework Convention on Climate Change (UNFCCC) would reduce projected warming by approximately 1°C, according to a new analysis released today […]
Oil Prices and Production Shrinkage
Low oil prices, if sustained, could mark the beginning of a long-term drop in upstream oil and natural gas investment. Oil prices reflect supply and demand balances, with increasing prices often suggesting […]
Goldman Sachs: “Peak Coal” Is Here
“Peak coal” is here. Goldman Sachs released a September 22 research note that predicted that coal will decline and never come back. “Peak coal is coming sooner than expected,” the investment bank […]
Prometheus Institute 