• OPEC Sees Its Market Share Shrinking For Years As Shale Triumphs

    • Date: 06/11/19
    • My San Antonio

    OPEC slashed estimates for the amount of oil it will need to pump in coming years, projecting that its share of world markets will shrink until the middle of the next decade amid a flood of U.S. shale supplies. The producer group expects that demand for its oil will slide by about 7% over the […]

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  • U.S. Democrats Just Accidentally Sparked A Federal Fracking Boom

    • Date: 01/11/19
    • OilPrice.com

    Eyeing more restrictions on drilling following the 2020 presidential election, some U.S. oil and gas companies may accelerate fracking on public lands over the next year. Concho Resources said that in order to mitigate risk from a potential ban on fracking in 2021, the company is running rigs on its federal acreage now. The comment […]

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  • Southeast Asia: Coal Demand To Double By 2040

    • Date: 31/10/19
    • Bloomberg

    There’s just no stopping coal in Southeast Asia. Surging investments in wind and solar energy won’t be enough to shake the fuel’s dominance in the region for decades to come, according to the International Energy Agency. Coal demand is expected to double to almost 400 million tons a year by 2040, the agency said in […]

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  • Blackouts: California’s Electric Car Dream Is Turning Into A Nightmare

    • Date: 27/10/19
    • OilPrice.com

    California might be blazing a trail with getting a large number of electric vehicles on the road, but the only trail California is currently blazing is the wildfire/PG&E fiasco that could once again plunge millions of Californians into the dark in the next wave of blackouts, the likes of which could sour investor confidence in […]

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  • China’s Green Future Implodes As Economy Nearly Stalls

    • Date: 22/10/19
    • Chriss Street, The Epoch Times

    China’s transition to a green economy is imploding as the economic growth needed to pay for the massive state-funded subsidies hits its slowest pace in three decades. Vice Premier Liu He was praised for his January 2018 keynote speech at the World Economic Forum (WEF) in Davos, Switzerland for stating that in addition to spending […]

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  • Putin Is Getting Ready to Put The Energy Screws On Europe

    • Date: 16/10/19
    • Foriegn Policy

    The new pipeline won’t deliver energy security. It will make the EU more dependent on a capricious Russia. There is something Orwellian about the Russian energy giant Gazprom’s Nord Stream 2 pipeline project, which will take natural gas from Russia to Europe via the Baltic Sea and Germany. The official rationale for the project is that […]

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  • Global SUV Boom: Car Buyers Ignore Climate Hysteria

    • Date: 15/10/19
    • International Energy Agency

    Growing global preference for SUVs challenges international climate policies. With major automakers announcing new electric car models at a regular pace, there has been growing interest in recent years about the impact of electric vehicles on the overall car market, as well as global oil demand, carbon emissions, and air pollution. Carmakers plan more than […]

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  • Green Britain Kills Its Shale Bonanza

    • Date: 13/10/19
    • The Sunday Times

    The controversial gas extraction process known as fracking is “dead” in the UK, campaigners and local residents groups have claimed. Cuadrilla, the fracking company most active in England, has begun removing equipment from its only testing area after the work was blamed for minor earthquakes in August. There are no plans to continue at the Lancashire site, […]

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