All of that oil field activity in South Texas is adding up to lots of new wells.In the last four quarters, operators have drilled 4,092 new wells in the Eagle Ford Shale, […]
New wells proliferate across the Eagle Ford Shale
World Oil and Gas Production Forecasts Up to 2100
The modelling methodology is the same as in my previous analyses, which started 20 years ago, namely the use of a multi-cycle logistic curve (and its derivatives) to extrapolate the future. The […]
Wholesale electricity prices rose across the United States
Average on-peak, day-ahead wholesale electricity prices rose in every region of the Lower 48 states in first-half 2013 compared to first-half 2012. The most important factor was the rise in the price […]
Asking the Hard Questions
There are nights, now and then, when I sit up late with a glass of bourbon and look back over the long strange trip that’s unfolded over the last thirty years or […]
Pumped storage provides grid reliability even with net generation loss – Today in Energy – U.S. Energy Information Administration (EIA)
Pumped hydro storage plants serve an important role on electric power systems: they improve system-wide efficiency and reliability by allowing system operators to time-shift power generated during periods of low demand for […]
Staying afloat as assets get stranded
Stranded assets – assets that are unexpectedly or prematurely devalued, converted to liabilities or written off – are part of the creative destruction that drives capitalism. Asset stranding of this kind regularly […]
Implications of a Higher Estimate of Social Cost of Carbon
Carbon pollution harms the economy much more than the federal government previously estimated, according to the Interagency Working Group on Social Cost of Carbon. While researchers continue to look for ways to […]
How Resource Limits Lead to Financial Collapse | Our Finite World
Resource limits are invisible, so most people don’t realize that we could possibility be approaching them. In fact, my analysis indicates resource limits are really financial limits, and in fact, we seem to […]
Energy Products: Return on Investment is Already Too Low
One major point when I gave my talk at the Fifth Biophysical Economics Conference at the University of Vermont was that our economy’s overall energy return on investment is already too low to […]
5 Leading-Edge Efficiency Programs in the US
The American Council for an Energy-Efficient Economy has just completed its third national review of exemplary efficiency programs. With over 60 programs being recognized, one thing is clear: energy efficiency programs have taken off […]
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