Obama attacks oilpatch flatulence; methane emissions plan will do more for GHG than Greenpeace ever will
The global warming debate has probably heated up the atmosphere by 2 degrees itself. It’s now almost a religion, which is too bad because the concrete benefits of reducing emissions are now lost in silly skirmishes that just waste time and energy. In reality, most global warming fighters first and foremost aren’t primarily concerned with […]
Harebrained headlines II: How does oil demand rise and swoon at the same time? Ask Bloomberg…
The energy world is hard to understand even if you live in it. If you’re trying to understand it better by educating yourself through mainstream media (and yes it is painful to use a phrase that is a cornerstone of Fox News’ jugular attack), you’re in for a rough ride. Even the most respected news […]
At $50/barrel oil OPEC countries go on a cat food diet. Why no whining this time around?
Crude oil markets, which normally just bore or irritate people, are actually in a fascinating (relatively speaking) equilibrium these days. It’s like the quiet moment in a room before everyone jumps out and yells ‘surprise’, or the interval at an amusement park between a flash of lightning and the boom that sends everyone scurrying like […]
Global oil production: A (true) tale of yet another torpedoed production forecast
This site was never intended to adopt any sort of big position on a current media event, but recently I have to admit the posts have become a bit one-dimensional, perhaps even shrill or mildly hysterical. It can’t be helped, the world is in danger. Well, not really but I don’t think it’s unfolding the […]
Buy your turbo SUV on a 12 month lease, we are NOT awash in oil…
If you are interested in a better understanding of the energy industry, those for whom this site was founded oh so long ago, it’s very irritating to have your head bashed around by waves of statistics from experts that make seldom-corroborated predictions. More often than not the numbers are used to stun opponents or act […]