• U.S. To Overtake Saudi Arabia & Russia As World’s Largest Oil Producer, Upending Global Trade and Geopolitics

    • Date: 30/01/18
    • Reuters

    U.S. energy exports now compete with Middle East oil for buyers in Asia, with breathtaking economic and political impacts With Donald Trump’s State of the Union address upcoming, one of the game changing achievements of his administration has undoubtably been the spike in U.S. energy exports, which now rival those of Russia and Middle Eastern […]

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  • America’s Oil Exports Are Booming — And Lifting Prices

    • Date: 29/01/18
    • CNN

    The resurgence of the oil industry can be traced back to what happened in Congress one day in December 2015. That’s when lawmakers ended the 40-year ban on U.S. oil exports. Crude pumped in Texas, Oklahoma and North Dakota could suddenly be shipped overseas. At the time, excess supply was wreaking havoc on the energy industry. […]

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  • Trump Taxes Solar Imports in Biggest Blow To Renewables Industry

    • Date: 22/01/18
    • Bloomberg

    In the biggest blow he’s dealt to the renewable energy industry yet, President Donald Trump decided on Monday to slap tariffs on imported solar panels. The U.S. will impose duties of as much as 30 percent on solar equipment made abroad, a move that threatens to handicap a $28 billion industry that relies on parts made […]

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  • Hail Shale: USA Set To Overtake Saudi Arabia And Russia In Oil Production

    • Date: 21/01/18
    • Financial Times

    US crude production is on course to overtake Saudi Arabia and rival Russia, the International Energy Agency said, as it revised higher its 2018 growth forecast and stressed that “explosive” expansion in shale was offsetting Opec-led supply cuts. In its closely watched monthly oil market report published on Friday, the IEA said production growth was […]

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  • ‘Explosive Growth’ Of US Shale Oil Stokes OPEC Fears

    • Date: 21/01/18
    • Bloomberg

    OPEC’s fear that another surge of shale oil could neutralise its production cuts might be coming true. US oil output is set for “explosive” growth this year as prices rally, the International Energy Agency said on Friday. That was just one of a chorus of voices from Goldman Sachs group Inc to Opec itself warning […]

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  • Europe’s Green Energy Burning Is Killing 40,000 People Per Year, Study Claims

    • Date: 16/01/18
    • Linde Zuidema, Euractiv

    Domestic wood burning has become more widespread in Europe in recent years. Exposure to smoke from domestic biomass use caused 40,000 deaths across the EU28 in 2014, new study claims. The European Union’s dependence on burning solid biomass – most of it wood – to meet its renewable energy targets makes no sense environmentally. It […]

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  • U.S. Shale Revolution Set To Break Record, Upend Global Trade

    • Date: 16/01/18
    • Reuters

    Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day – toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago. And this new record, expected within days, likely won’t last long. The U.S. government forecasts that the nation’s […]

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  • Green Mega-Flop: Fossil Fuels’ Share Of Total Energy Use Unchanged In 40 Years

    • Date: 13/01/18
    • P Gosselin, No Tricks Zone

    Quartz.com here presents an interesting chart which tells us the green energy revolution of the past 30 years has resulted in practically nothing. It’s been a flop. Fossil fuels remain as wildly popular as ever.   Global fossil fuel use as a share of total energy has risen since James Hansen’s 1988 testimony. Chart: Quartz.com. In the 1970s the […]

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