The belief that technology can always overcome natural limits just took a big hit this week when Royal Dutch Shell PLC decided to shut down its pilot oil shale project in western […]
U.S. expected to be largest producer of petroleum and natural gas hydrocarbons in 2013
The U.S. Energy Information Administration estimates that the United States will be the world’s top producer of petroleum and natural gas hydrocarbons in 2013, surpassing Russia and Saudi Arabia. For the United […]
Top four U.S. coal companies supplied more than half of U.S. coal production in 2011
In the past two years, more than half of U.S. coal production was attributable to the top four coal producers, the result of changes in regional production as well as decades-long trends […]
E85 motor fuel is increasingly price-competitive with gasoline in parts of the Midwest
The retail price of E85 motor fuel, which is gasoline blended with up to 85% ethanol, has fallen in recent months. While ethanol has been cheaper than regular gasoline on a per-gallon […]
How the Keystone XL Pipeline Tests the Administration’s Resolve on Climate Change
On the day of his second Inauguration, in January, Barack Obama delivered an address of unabashed liberal ambition and promise. As recently as early April, before the realities of the world and […]
Twenty (Important ) Concepts I Wasn’t Taught in Business School – Part I
Business as usual as we know it, with economics as its guide and financial metrics as its scorecard, is in its death throes. The below essay is going to appear critical of […]
Most electric generating capacity additions in the last decade were natural gas-fired
The June 16 edition of Today in Energy examined the wide age range of all electric power generators for all fuels; today’s article looks specifically at natural gas-fired generators. At the end […]
Lazard: 50% reduction in cost of renewable energy since 2008
Renewable energy becoming more cost-competitive with fossil fuels isn’t news – as technology improves and more clean power generation comes online, electricity without emissions gets cheaper. But one new analysis reveals just […]
The first oil flows from the biggest headache in the world
Perhaps no field in the world has so vexed oilmen as Kashagan. The world’s biggest oil companies—Shell, BP, ExxonMobil, Italy’s Eni and others—have stumbled again and again while developing this offshore Kazakhstan […]
China Makes Cheap Coal Expensive
China has long benefited from cheap thermal coal imports from Indonesia. But that may be coming to an end. The Chinese government last week announced it will add a 3% tax to […]
Prometheus Institute 