For the first time in over two decades, ExxonMobil failed to replace the oil and gas that it pumped in a year.ExxonMobil reported on February 19 that it added 1 billion barrels […]
Is Oil Pushing Down The Economy, Or The Other Way Around?
Conventional wisdom has long held that when oil prices drop, consumers experience an increase in discretionary income while corporations experience a boost in profit margins. At the same time, companies in the […]
It’ll Take More Than an Oil Rally to Restart Shale Boom
Explorers in U.S. oil fields stung by the quick rise and fall in the market last year are expected to move cautiously when crude prices begin to climb again.Bill Thomas, chief executive […]
The Coal Decline Is Now Irreversible
There was a lot of talk last year about coal resources needing to be left in the ground if the world was to reach its 2-degree-celsius reduction environmental targets.The suggestion was that […]
How Much Oil Output Halted Due to Low Prices? Just 0.1%
After a year of low oil prices, only 0.1 percent of global production has been curtailed because it’s unprofitable, according to a report from consultants Wood Mackenzie Ltd. that highlights the industry’s […]
Rethinking the Airplane, for Climate’s Sake
It will never soar into the wild blue yonder, but the dusty Peterbilt truck parked outside a hangar at NASA’s Armstrong Flight Research Center here may represent the future of low-carbon aviation.Perched […]
Small Modular Reactor Startup With Molten Salt Nuclear Design Wins $8M in Funding
Small modular reactor startup Terrestrial Energy just closed $8 million in funding from undisclosed sources for its proprietary Integral Molten Salt Reactor design, according to SEC documents. The small nuclear reactors are […]
Why The U.S. Can’t Be Called A ‘Swing Producer’
Daniel Yergin and other experts say that U.S. tight oil is the swing oil producer of the world. They are wrong. It is preposterous to say that the world’s largest oil importer […]
The EPA called fracking safe. Now its scientists disagree.
An EPA spokeswoman said the agency will use comments from the scientists and the public to "evaluate" possible changes to the report. via Fuel Fix http://ift.tt/1n5XNCY
Why China Matters For World Oil Markets
Chinese economic weakness is a dominant factor in oil market fundamentals, magnified by the lack of transparency. via Forbes – Energy http://ift.tt/1PMZVL6
Prometheus Institute 