Oil markets will remain depressed through the fourth quarter of this year as oil storage levels continue to rise around the world.The closely watched EIA figures detailing weekly gains in inventory levels […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
The plunge in crude prices cost oil companies some $35 billion in operating cash flow in the second quarter, the U.S. Energy Information Administration said Thursday. via Fuel Fix http://ift.tt/1YEgnRd
Prometheus Institute 