North American oil explorers have only hedged about 11 percent of their oil production in 2016. That’s well below the 28 percent of oil production they’ve hedged in the third quarter of […]
BMW Going All-Electric
The age of electric vehicles may finally be upon us – or at least that’s what BMW is banking on. BMW recently announced that it will convert all models to electric drive […]
The Biggest Red Herring In U.S. Shale | OilPrice.com
Rig productivity and drilling efficiency are red herrings.A red herring is something that takes attention away from a more important subject. Rig productivity and drilling efficiency distract from the truth that tight […]
Output per miner-hour rises as smaller coal mines close
Coal mining productivity increased in 2013, averaging 5.5 short tons per miner hour, reversing a trend of declining productivity since at least 2000. Preliminary data from the Mine Safety and Health Administration […]
States Are Doing a Poor Job of Measuring Net-Metering Caps, According to Report
Earlier this summer, NV Energy told solar installers that a 235-megawatt limit on net-metered solar would be met by the end of July. The limit was meant to last through at least […]
Value of Battery-Backed Solar in California: 25 Cents per Kilowatt-Hour
Determining the value of batteries that can store, shift and dispatch solar energy requires some complex calculations, not to mention no small amount of faith in the future of real-world regulations and […]
LNG projects still moving toward oversupply, Wood Mackenzie says
The capacity currently being built is enough to meet the world’s LNG needs until about 2022 and will likely lead to a short-term glut when it comes online. via Fuel Fix http://ift.tt/1KQbLlh
Asian LNG price face steep fall as storm brews
Asian liquefied natural gas prices could fall a further 25 percent in coming months as new supply, falling demand and weaker oil prices put it on par with iron ore and coal […]
Owner of first “clean coal” plant in US faces bankruptcy over soaring CCS costs
Kemper CCS is two years behind schedule and $4.4 billion more expensive than the original estimate, and its owner is facing financial problems via Renew Economy http://ift.tt/1E5x9Ss
Why wind and solar are already better value than fossil fuels
Critics of renewables – such as Alan Jones, the Murdoch media and the Abbott government – focus on capital costs. But a new report from Citigroup says this is an error, and […]