How much faith can we put in our ability to decipher all the numbers out there telling us the US is closing in on its cornering of the global oil market? There’s […]
Beginning of the End? Oil Companies Cut Back on Spending
Steve Kopits recently gave a presentation explaining our current predicament: the cost of oil extraction has been rising rapidly (10.9% per year) but oil prices have been flat. Major oil companies are finding their […]
Could Minnesota’s ‘value of solar’ make everyone a winner?
On Wednesday, Minnesota became the first state to allow utilities a new method of contracting with distributed solar producers, called the market-based “value of solar.” If adopted by utilities, it will fundamentally […]
Is Europe giving up on renewables?
Last month the European Commission proposed that the EU should cut its domestic greenhouse gas emissions by 40 per cent by 2030, and aim for “at least” 27 per cent of its […]
GE puts $1.4bn into natural-gas-fired distributed power
Fresh on the heels of its $10 billion Ecomagination investment into large-scale natural gas energy technologies, General Electric has announced a $1.4 billion, four-year plan to push into a new natural gas frontier: distributed power. That’s […]
Peak-to-average electricity demand ratio rising in New England and many other U.S. regions
Across the United States, but most pronounced in New England, the ratio of annual peak-hour electric demand to average hourly demand has risen over the past 20 years. In New England, the […]
Gas-to-liquids plants face challenges in the U.S. market
Gas-to-liquids (GTL) is a process that converts natural gas to liquid fuels such as gasoline, jet fuel, and diesel. GTL can also make waxes. The most common technique used at GTL facilities […]
EIA projects record natural gas storage injection in 2014 to boost stocks from 11-year low
A winter of prolonged, widespread, bitter cold weather throughout much of the United States led to a record-breaking natural gas withdrawal season in 2014, bringing inventories of natural gas to a 11-year […]
How Geothermal Heat Pumps Can Soar Like Solar
Ralph Waldo Emerson never said “Build a better mousetrap, and the world will beat a path to your door.” The mousetrap that likely inspired the misquote was invented seven years after his death. Unfortunately, […]
Why natural gas rig counts remained flat last week
Baker Hughes, an oilfield services company, reported that rigs targeting natural gas remained nearly virtually unchanged, falling from 345 to 344 for the week ended March 14, 2014. via Market Realist http://ift.tt/1lYaN7J
Prometheus Institute 