• U.S. Energy Secretary Orders Review To Determine If Green Energy Is Killing Coal

    • Date: 16/04/17
    • Chris White, Daily Caller

    Energy Secretary Rick Perry ordered a study Friday examining to what extent solar and wind power are hurting what the Trump administration considers reliable forms of coal power. Perry, a Texas Republican who served as governor of an energy-rich state, wants the Energy Department to undergo a 60-day review of the energy grid to determine […]

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  • Huge! Geologists Discover The US’s Largest Natural Gas Deposit

    • Date: 14/04/17
    • Andrew Follett, Daily Caller

    The U.S. Geological Survey (USGS) discovered the largest continuous natural gas deposit in the country, stretching across the Gulf Coast states of Texas and Louisiana. USGS estimates between 4 billion barrels of oil and 304.4 trillion cubic feet of natural gas sit untapped in the Haynesville and Bossier shale formations. More natural gas was found […]

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  • OPEC Production Keeps Declining as U.S. Shale Surges

    • Date: 13/04/17
    • The Wall Street Journal

    OPEC said Wednesday its output had kept falling in March as members tightened compliance to agreed cuts, but said U.S. producers were enjoying a revival thanks to higher oil prices. The 13-member Organization of the Petroleum Exporting Countries committed last year to cut about 1.2 million barrels of oil a day in a bid to […]

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  • Cheap Coal Drives China’s New Coal Boom

    • Date: 12/04/17
    • Lucy Hornby, Financial Times

    Coal conversion has become profitable in China because of an unusual combination of low coal and higher gas and petrol prices. An existing coal conversion plant in Ningdong © Getty Water-guzzling coal-conversion projects are springing to life in arid western China, setting the stage for the large-scale deployment of what was previously a niche industry. […]

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  • Boom & Bust: Global Green Energy Investment Drops Nearly 20% Since 2016

    • Date: 12/04/17
    • Bloomberg New Energy Finance

    Clean energy investment totaled $53.6 billion worldwide in the first quarter of this year, down 17% from Q1 2016 but only 7% down from the final quarter of last year. The data show a mix of strong and weak features in Q1 2017. New Investment in Clean Energy by Region, Q1 2014 – Q1 2017 ($BN) […]

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  • Rick Perry Urges “Low Emission” Coal And Gas At G7 Meeting

    • Date: 11/04/17
    • James Osborne, Fuel Fix

    Energy Secretary Rick Perry urged countries to pursue energy projects using “high efficiency, low-emission coal and natural gas,” at a meeting with energy ministers from the world’s largest economies in Rome Monday. “Renewables will continue to have an important role but traditional sources are still needed for energy and economic security into the foreseeable future,” Perry […]

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  • Shale Versus The World

    • Date: 08/04/17
    • The American Interest

    The outlook for the American shale industry looks strong, given today’s prices. That chart above tells you all you need to know about why OPEC and eleven other petrostates elected to collectively restrain their production last November. That strategy helped push oil prices up between $5 and $10 per barrel, but it hasn’t yet erased […]

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  • Trump Readies Executive Order To Open The Arctic, Atlantic Oceans To Drilling

    • Date: 07/04/17
    • Michael Bastasch. The Daily Caller

    The Trump administration is developing an order to open new areas to offshore oil and gas drilling, reversing former President Barack Obama’s unilateral decision to lock up most of the Arctic and Atlantic oceans, according to industry sources. Industry sources familiar with the matter told Platts an executive order is in the works to rewind Obama’s decision […]

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