• Shale Revolution Drives American Household’s Energy Cost To Record Low

    • Date: 26/02/17
    • Lily Emamian , Energy Indepth

    Record-low natural gas prices enabled consumers to devote “less than 4% of their total annual household spending to energy in 2016, the smallest share ever recorded by the US government.” The Business Council for Sustainable Energy, in partnership with Bloomberg New Energy, just released the 2017 Sustainable Energy in America Factbook. The report covers the across-the-board benefits […]

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  • Short Selling Skeptic Cashing In On Solar Company Collapses

    • Date: 20/02/17
    • Eric Worrall, Watts Up With That

    Gordon Johnson of Axiom Capital Management Inc. is the short selling financial analyst solar energy companies are learning to hate. His business is making money from the the failure of unsustainable renewable business models. Gordon Johnson –Photographer: Christopher Goodney/Bloomberg The Most-Hated Bear in Solar Isn’t Backing Down by Brian Eckhouse 16 February 2017, 20:00 GMT+10 17 February 2017, […]

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  • Shale Drilling Is on a Roll as OPEC Cuts Keep Oil Above $50

    • Date: 18/02/17
    • Bailey Lipschultz, Bloomberg

    Shale wildcatters pushed ahead on the biggest surge in U.S. oil drilling since 2012 as the explorers take advantage of prices above $50 for more than two months. Rigs targeting crude in the U.S. rose by 6 to 597 this week, the highest total since October 2015, according to Baker Hughes Inc. data reported Friday. Drillers […]

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  • Worst Gasoline Glut in 27 Years Could Be Oil Rally’s Nemesis

    • Date: 17/02/17
    • The Wall Street Journal

    Storage levels swelled last week to 259 million barrels, the highest in EIA records dating to 1990 A gasoline glut brought on by drivers buying less at filling stations is emerging as one of the biggest threats to the yearlong oil-price rally. U.S. gasoline consumption plummeted last month, nearly matching a 15-year low, government estimates […]

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  • Energy Superpower: The United States Of Oil And Gas

    • Date: 15/02/17
    • Tim Meko and Laris Karklis, The Washington Post

    Since 2010, the United States has been in an oil-and-gas boom. In 2015, domestic production was at near-record levels, and we now produce more petroleum products than any other country in the world. President Trump said he plans to double down on the oil and gas industry, lifting regulations and drilling on federal land. Here is […]

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  • Ukraine May Declare Energy Emergency Over Coal Shortage

    • Date: 14/02/17
    • Tsvetana Paraskova, OilPrice.com

    Ukraine’s government is considering declaring a state of emergency in the energy sector due to severe shortage of coal deliveries from the conflict-torn Donbas region, which produces a large part of the coal that Ukraine’s power-generating plants consume, Ukraine’s Unian agency reported on Monday. “The issue of the introduction of a state of emergency in […]

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  • Australian Blackouts Due To Unreliable Renewables Were Predicted In Royal Society Paper

    • Date: 12/02/17
    • Miles Kemp, Sunday Mail (South Australia)

    South Australia’s blackouts caused by unreliable solar and wind were predicted two years ago in the journal Transactions of the Royal Society of South Australia, and every MP in the Parliament was told.   IT is hard to disagree with the blunt assessment of Business SA that South Australia has been caught on electricity planning like […]

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  • As Shortfall Looms, Coal Enjoys Unexpected Boom

    • Date: 11/02/17
    • Reuters

    Despite coal’s high levels of pollution, utilities and governments in emerging economies, at least for now, largely prefer coal-fired power stations over other fuels including natural gas in order to meet soaring energy demand. Many a swan song has been sung for thermal coal markets as renewable power generation and a push towards using more […]

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