As more solar and wind electric generating capacity is added in California, the California Independent System Operator (CAISO), the electric grid operator for most of the state, is facing an increasingly different […]
New oil projects are being scrapped in Norway amid falling production and low oil prices. Long held up as the model for managing oil abundance, Norway has painstakingly sought to prevent the […]
The Arctic offshore will be drilled; it’s only a matter of time. However, the dream to have commercially viable production in the immediate future may very well be dead. Continually slumping oil […]
In part 3 of this series on the impact of US tight oil, we look at US crude oil imports from Non-OPEC countries. Excluding Canada – which is a special case due […]
The world is awash in oil, I’m hearing. The problem is, it’s fairly expensive oil. Take for example Canada. The country that has managed to increase its production of oil by a […]
The Chinese government announced it would cap coal use by 2020. The Chinese State Council, or cabinet, said the peak would be 4.2 billion tonnes, a one-sixth increase over current consumption. This […]
In a recent post, A Beginners Guide to Blackouts, I drew attention to the fact that keeping the lights on in Britain was to a large extent dependent upon our ability to […]
The following graph shows US petroleum imports from OPEC countries starting in 1960. This includes both crude oil and petroleum products. Note: Indonesia left OPEC in 2008 but it is included here […]
The International Energy Agency (IEA) is the energy watchdog of the industrial world. The developed nations of the world were caught off guard by the oil crisis of 1973. They then realized […]
In the same week that a new study found that G20 nations, including Australia, were providing $US88 billion ($A102 billion) a year in subsidies just for fossil fuel exploration, another report – […]
Prometheus Institute 