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Month: March 2017

Category:
  • USA

Rig count hangover bruises crude oil prices

Under broader pressure from the so-called Brexit, crude oil prices moved lower early Monday on a hangover from higher U.S. exploration and production work.  Energy companies working in shale oil Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • China

Analysis: Chinese independent refiners’ crude oil imports set to slow on quota issues

Crude imports by China’s independent refiners are expected to slow down in the coming months as several refiners have used up most of their allocation from the first round of Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • Japan
  • Nuclear

Robot Successfully Reports Killer Radiation Levels Inside Fukushima Reactor

Tokyo Electric on Sunday confirmed lethally high radiation levels inside the primary containment vessel (PCV) of the heavily damaged unit 1 of the Fukushima Daiichi nuclear plant. A magnitude-9.0 earthquake Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • USA

Slow, steady economic growth for shale-rich Colorado

The economy for shale-rich Colorado is improving, though a tight labor market and pressure outside the energy sector may be constraining, a budget report finds. The labor market for Colorado Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • Climate

Sea change needed for low-carbon economy

Nearly 70 percent of all new cars need to be electric and $3.5 trillion in annual investments are needed to keep global warming at bay, a new report found. The Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Plenty of Cash Lies Buried on Canada’s Oil Sands

Earlier this month, Marathon Oil agreed to spend more than $1 billion on acreage in the Permian Basin, the very hottest place on the planet to drill for oil. On Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Despite growth late in the year, U.S. crude oil production decreased in 2016

Despite increasing crude oil prices throughout most of 2016, total U.S. crude oil production in 2016 was below its 2015 level . However, monthly production began growing in the fourth Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • Climate

Clean Energy Can Bring $10 Trillion Annual Benefits By 2050

A dramatically increased share of renewables and higher energy efficiency have the potential to create benefits of up to $10 trillion annually by 2050, compared to estimated incremental system costs Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • Peak Oil

Peak oil? Sooner than you think

For some time, there has been speculation about when global oil demand may peak – not because we will run out of oil or prices will spike making oil unaffordable, Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple
Category:
  • Climate

How Americans Think About Climate Change, in Six Maps

Americans want to restrict carbon emissions from coal power plants. The White House and Congress may do the opposite. Percentage of adults per congressional district who support strict CO2 limits Continue Reading

Posted On : 21 Mar 2017 Published By : Tom Whipple

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