One of These Things Is Not Like The Others: IEA’s January Report
OK. Which curve on this chart is not like the others? It’s the U.S. and Canada’s oil production curve over the past several years.
OK. Which curve on this chart is not like the others? It’s the U.S. and Canada’s oil production curve over the past several years.
What does it mean to live in this time, and how might we keep some sanity?
Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time.
Prediction is a difficult business at the best of times, but the difficulties seem to change from one era to another. Just now, at least for me, the biggest challenge is staying in front of the headlines.
Don’t worry. It’s not complicated. I offer a simple explanation for the recent fall in oil prices in just two charts.
The price of oil is down. How should we expect the economy to perform in 2015 and 2016?
Well, the Fates were apparently listening last week. As I write this, stock markets around the world are lurching through what might just be the opening moves of the Crash of 2015…
Since about 2001, several sectors of the economy have become increasingly inefficient, in the sense that it takes more resources to produce a given output, such as 1000 barrels of oil.
Unlike most books on the subject, which try to convince people using science, Don’t Even Think About It examines why the science doesn’t convince people.
It is wrong to offer oil companies a regulatory solution that borders on illegality when it would be right to debate the Energy Policy and Conservation Act and reach a clear course of action.
To misuse a bit of prose from Charles Dickens, it was neither the best of times nor the worst of times, but I know very few people who will object when, a few hours from now, 2014 gets dragged off to the glue factory. This has not been a good year for most people in the United States.
The Fracking Fallacy debate is important because it casts doubt on the reliability of government estimates of our natural gas supply. If U.S. gas production is in decline by the early 2020s as described in the Nature article, or sooner as I suspect, then important policy decisions about the export of natural gas and the retirement of coal-fired electric power plants have been based on questionable information.