• Tesla Motors Inc Running Out Of Energy

    • Date: 19/10/16
    • David Trainer, Value Walk

    “SpaceX has a rocket blow up on the launch pad, but it’s ok because now they’re going to colonize Mars.” – Sam McBride of New Constructs The escalating promises from Elon Musk are running out of credibility. Words alone cannot fix the fact that Tesla (TSLA: $198/share) is quickly running out of cash, faces a strengthening […]

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  • US Frackers Already Capitalising On OPEC’s Action

    • Date: 17/10/16
    • The American Interest

    Well that didn’t take long. U.S. shale producers have wasted no time capitalizing on the recent bump in oil prices, spurred by OPEC’s tentative agreement to cut oil production at its semiannual meeting next month. The cartel has enjoyed seeing prices climb above $50 per barrel for the first time this year as a result […]

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  • Renewables Battle ‘Green Crap’ Tag

    • Date: 14/10/16
    • reNews

    Rising energy bills and a Brexit-related policy vacuum will lead to the re-emergence of renewables being used as a punchbag, warned former Conservative MP Laura Sandys. The former parliamentary private secretary to climate change minister Greg Barker in the previous coalition government said the renewables industry would once again face accusations of being “green crap” […]

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  • OPEC Quagmire: U.S. Shale Oil Output To Surge If Crude Reaches $60 a Barrel

    • Date: 13/10/16
    • Sam Wilkin, Bloomberg

    Crude at $60 a barrel would probably trigger a strong increase in North American oil output, the head of the International Energy Agency said, amid signs that OPEC members and Russia may be edging toward an agreement to limit production. Benchmark Brent crude hit a one-year high above $53 a barrel on Monday when President […]

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  • While Europe Gets Gouged, Americans Enjoy Cheap Power

    • Date: 08/10/16
    • The American Interest

    We told you yesterday that spot prices for German electricity jumped more than 17 percent in one day due to constricted supplies from renewable producers and French nuclear reactors, but as green-crazed Germany continues to wrangle with some of Europe’s highest (and most volatile) electricity prices, American households are about to see the first annual drop in […]

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  • Alaska Just Nearly Doubled its Oil Reserves

    • Date: 07/10/16
    • The American Interest

    A small oil company just discovered a massive new oil field on Alaska’s north coast. Dallas-based Caelus Energy LLC says the field could contain as much as 6 billion barrels of crude, and that one day it could produce 200,000 barrels per day (bpd). The WSJ reports: [Caelus Energy LLC] says it expects to be able to extract […]

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  • The South Australian Black Out: A Grid On The Edge

    • Date: 30/09/16
    • Jo Nova

    Australians are going to be talking about this for weeks. Indeed, the SA Blackout is the stuff of legend. The Greens are blaming coal (what else?) for causing bad storms and blackouts. Forget that Queensland gets hit with cyclones all the time and the whole state grid doesn’t break. Some greenies are also raging against […]

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  • Obama’s Mega-Flop: U.S. Gasoline Consumption Hits New Record

    • Date: 28/09/16
    • Lucas Davis, The Energy Collective

    August was the biggest month ever for U.S. gasoline consumption. Americans used a staggering 9.7 million barrels per day. That’s more than a gallon per day for every U.S. man, woman and child. The new peak comes as a surprise to many. In 2012, energy expert Daniel Yergin said, “The U.S. has already reached what we can call`peak demand.” […]

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