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Analysis: Solar & wind power costs are huge compared to natural gas fired generation

Ed Hoskins has done an analysis of cost ratios, and no matter what your viewpoint of economics might be, the numbers here don’t lie. Without being propped up by subsidies, solar and wind aren’t even in the race as their competitiveness leaves them at the starting line while cheap natural gas (aided by fracking) runs…

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More Fun with Oil and Gas

Guest Post by Willis Eschenbach Well, having had such a good time with M. King Hubbert meeting the EIA, I thought I’d toss out another puzzle. This one is inspired by a statement from the King himself that someone quoted in that thread, viz: “A child born in the middle 30s,” Hubbert told reporters, “will…

Canadian Tragedy

Guest Post by Willis Eschenbach I was saddened to read this morning that a train with a load of crude oil derailed and caught fire in Lac-Mégantic, Canada, and I started writing this post. I heard during the afternoon there was one person killed, and more may still be found. In addition, the oil spilled…