Plans for U.S. Wind Farms Run Into Headwinds
After two decades spinning power from the gusts that sweep Europe’s North Sea, the offshore wind industry is finally turning to the U.S. A big hurdle: getting its giant turbines Continue Reading
Coal no longer fuels America. But the legacy — and the myth — remain.
A statue honoring miners stands in front of the Boone County Courthouse in Madison, W.Va. The memorial flame stays lit for the duration of the town’s week-long Coal Festival. (Michael Continue Reading
GULF OF MEXICO DISCOVERIES, RESERVES AND PRODUCTION
Part I Discoveries and Reserves The following are a few charts and observations concerning the US Gulf of Mexico production, with data mostly taken from BOEM for the OCS and Continue Reading
Study concludes US CAFE regulation can accelerate EV market penetration
In a new study, a team from the University of Central Florida and MIT has found that the US Corporate Average Fuel Economy (CAFE) Standards is an effective policy solution Continue Reading
Russia committed to oil price stability effort
Russian President Vladimir Putin says his country is committed to a multilateral effort to stabilize the energy markets through coordinated production declines. File Photo by Yuri Kadobnov/Pool/EPA July 7 (UPI) Continue Reading
Russia Now Ready To Consider More Oil Output Cuts If Needed
Just a day after Russia’s Energy Minister Alexander Novak said that the OPEC/non-OPEC production cut pact was working and that there was no need to make immediate additional moves, an Continue Reading
Is Arctic Drilling Still Profitable For Norway?
Arctic drilling may become unprofitable for Norway if oil prices continue to fall, says a new report looking into the best and worst scenarios for this new frontier in the Continue Reading
The World Keeps Not Running Out of Oil
The world has anticipated the “rapid exhaustion” of crude oil supplies for at least 100 years.Will it go on being close to running out of crude for the next 100? Continue Reading
Oil prices slump over 1 percent on rise in U.S. output
il prices fell more than 2 percent on Friday after data showed U.S. production rose last week just as OPEC exports hit a 2017 high, casting doubt on efforts by Continue Reading
Brent bulls and bears play options tug-of-war
The Brent crude oil options market is showing a definite split between the optimists and the pessimists this week, but it would seem the bulls are starting to gain the Continue Reading