Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting gas is dumb. Exporting oil is dumber. The U.S. imports almost half […]
PI News Feed
U.S. Department of Energy: Our forecasts aren’t really forecasts (or are they?)
Put this in the category of things that can’t be true, but that are nevertheless affirmed with a straight face: The U.S. Energy Information Administration (EIA), the statistical arm of the U.S. […]
Bakken Data Continues To Confound
The North Dakota Industrial Commission is out with the Bakken November Production Data and the North Dakota Production Data.Bakken production was up 5,293 BP/D while total North Dakota was up 3,691 BP/D. […]
Oil and the Economy: Where are We Headed in 2015-16?
The price of oil is down. How should we expect the economy to perform in 2015 and 2016? Newspapers in the United States seem to emphasize the positive aspects of the drop […]
Graph of the Day: Myth of cheap shale gas and cheap energy
The shale boom has seen gas prices fall by nearly 90% in the US, but electricity rises have risen all the same. Hence the interest in solar. via Renew Economy http://ift.tt/14xRLBc
Electricity, Not Gas, Gains Market Share in Home Heating
Last January, the polar vortex brought extreme cold temperatures to much of the U.S., causing energy prices to spike as the natural gas system struggled and fossil-fuel power plants tripped offline. In […]
Electric Car Charging Stations and Financing
The shift toward electric vehicles is rolling forward in California among consumers, and regulators are weighing in. Just before Christmas, the California PUC overturned previous policy and issued a new decision allowing […]
The Oil Price Fall: An Explanation in Two Charts
I offer a simple explanation for the recent fall in oil prices in just two charts. Oil prices move up and down in response to changes in supply and demand. If […]
Regional refinery trends evolve to accommodate increased domestic crude oil production
Recent rapid growth in U.S. production of light tight oil has raised interest in understanding how U.S. refineries, many of which are configured to process heavier crude oil, might accommodate increased volumes […]
Deutsche Bank Predicts Solar Grid Parity In 80% Of Global Market By 2017
Investment bank Deutsche Bank is predicting that solar systems will be at grid parity in up to 80 per cent of the global market within 2 years, and says the collapse in […]