It’s the most expensive NGL, accounting for more than 25% of the value of a weighted average barrel. It is the only NGL that does not require storage or transportation under pressure. […]
IEA’s World Energy Outlook systemically underestimates solar PV development
Since 1993, the World Energy Outlook (WEO) of the International Energy Agency (IEA) has been an authoritative report on energy statistics and guiding future energy supply and demand developments. An examination of […]
Uncertainty Is Overshadowing Fundamentals in Oil Markets
Oil market fundamentals appear to have entirely given way to sentiment recently, with Trump’s tariff war with China driving prices down.Friday, April 11th, 2025 This week, one may not have noticed that oil markets […]
You Can’t LNG Your Way Out of a Trade Deficit
U.S. President Donald Trump insists that American buyers boost purchases of U.S. energy goods to reduce their large trade surpluses with America. Some traditional U.S. energy buyers, such as Japan, South Korea, […]
Why Falling Oil Prices Are Not Always Good News
Not long ago, falling oil prices were widely celebrated in the United States. Cheaper gasoline meant more disposable income for consumers, lower transportation costs for businesses, and a boost to sectors that […]
“Renewable Diesel” Sold by Oil Majors Most Likely Contains Fraudulent Palm Oil — Study
Study shows major irregularities in the reported consumption of palm residues used in renewable diesel (HVO) being sold by oil majors A key ingredient for the ‘renewable diesel’ sold in Europe is […]
Colorado Utility Develops First Large-Scale Battery Storage System
Colorado-based wholesale public power provider Platte River Power Authority announced it is working with Weld Energy Storage, a subsidiary of NextEra Energy Resources, to develop the electric utility’s first large-scale battery energy […]
The Tesla Cybertruck Is A Sales Disaster
Tesla refuses to take a Cybertruck in trade and has thousands of unsold vehicles piling up as Elon’s dream begins to unravel. The post The Tesla Cybertruck Is A Sales Disaster appeared […]
American Refiners To Refrain From Investing Amid Uncertainty
Reuters reports that U.S. refiners will refrain from making any substantial investments in expanding domestic crude processing or reducing reliance on Canada and Mexico, for instance, as the industry rallies around a […]
Geothermal Energy Poised for Significant Growth in the US
“It’s going to be the decade of geothermal.” That’s according to Cindy Taff, chief executive of geothermal company Sage Geosystems, in an interview in The Hill earlier this year. While Trump is […]
Prometheus Institute 