An oil pricing primer: How did we get here and what is the “right” price for gasoline?
For the average consumer, oil prices really don’t mean anything, because the only explanations people get are from the common media outlets who feel obliged to add an explanation to any oil price movement. They of course have no clue, but pretend to, which makes consumers ignore the whole topic as being beyond them. […]
Yes, OPEC gave you low gasoline prices. And they can take them away just as easily.
You might read in the news that OPEC (Organization of Petroleum Exporting Countries) has lost its power to maintain prices because of the shale revolution in US oil production. Nothing is further from the truth. The fact is that OPEC can make the swings even more violent, which is extremely upsetting for stability loving […]
Would you put a GoPro on an accountant? The problem with energy reporting
Imagine that you are responsible for the content of a big news site, with a large readership and paying subscribers, and your job is to make sure eyeballs are glued to your site every day. When a certain type of person is nervous and in front of an audience, they jabber away without […]
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 […]
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 […]
Public Energy Number One 