What Is Holding Renewable Energy Back?
Bloomberg is now reporting that solar energy is cheaper than coal, and could become the lowest form of energy within a decade. Economies of scale are causing solar to drop Continue Reading
Peak Uranium: the uncertain future of nuclear energy
Peak Uranium: the uncertain future of nuclear energy Alice Friedmann recently posted on her blog “Energy Skeptic” a summary of the discussion on nuclear energy from my book “ Extracted Continue Reading
Five Energy Predictions For 2017
I read an article this morning where one analyst predicted that we are in a 10-15 year bear market for oil. The analyst stated that the market is oversupplied by Continue Reading
Oil Slips as Market Keeps Watch on Production Pledges
Crude oil prices ended the week lower, with all eyes on the extent to which pledges on production cuts are being met. U.S. crude for February delivery settled down 64 Continue Reading
Oil Caps Worst Week Since November With All Eyes on OPEC Cuts
Oil posted the biggest weekly decline since November as traders await proof that OPEC and other producers are following through on promises to cut production. Futures declined 1.2 percent in Continue Reading
‘Significant’ oil supply-demand gap possible in three to four years: IEA’s Birol
Oil price volatility is here to stay, notwithstanding recent producer pledges of output cuts aimed at calming the international market, the executive director of the International Energy Agency said Friday. Continue Reading
Should the US Cut Oil Production in Line With OPEC, NOPEC?
OPEC’s subtle message that the US should join its production cut pledge with other non-OPEC nations – in the interest of global market stability – is unlikely to get an Continue Reading
OPEC questions take wind out of oil rally’s sails
Doubts about whether all parties to an OPEC-led agreement to cut production will do enough to balance markets pushed oil prices lower early Friday. Saudi Arabia, the de facto leader Continue Reading
OPEC: 50% Compliance To Output Deal Is ‘Enough’
Just two weeks into the OPEC supply-cut deal and a day after Saudi Arabia signaled that it had cut more than pledged, the cartel itself does not see more than Continue Reading
Oil steady as Saudi Arabia says has cut output, but oversupply worries linger
Oil prices were steady on Friday, supported by reports on details of OPEC output cuts, although lingering doubts over producer compliance with supply reduction targets weighed on the market. U.S. Continue Reading