Peak Oil Postponed… Again: US EIA International Energy Outlook

Guest “divestment my @$$!” by David Middleton Jude Clemente rocks! Sep 29, 2019The U.S. Department Of Energy Says More Oil, More Natural Gas Jude Clemente Contributor EnergyI cover oil, gas, power, LNG markets, linking to human development. Numerous energy headlines from this past week alone caught my attention. They perfectly illustrate the massive scale of investment plans…

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Florida’s Natural Gas Boom

Guest cheer leading by David Middleton Florida has led the nation in the addition of natural gas-fired electricity generation capacity over the past decade, by a very wide margin. SEPTEMBER 9, 2019Natural gas-fired power generation has grown in Florida, displacing coal Florida added nearly 16 gigawatts (GW) of utility-scale natural gas-fired electric generation between 2008 and…

The great hundred billion dollar+ renewable energy fleecing of American taxpayers & energy users

Guest essay by Larry Hamlin The colossal magnitude of renewable energy federal and state government driven subsidies, taxes and higher energy cost impacts has never been systematically revealed to the American public but has instead been secreted away from view by those enjoying the huge financial benefits of this monumental largesse. The staggering negative financial…

Oil Production at 100 million bbl/d: “Twin peaks straining the system to the limit”? Or just another day at the office in a highly resilient industry?

Guest commentary by David Middleton From the International Energy Agency’s Oil Market Report (OMR): Home » Newsroom » News » 2018 » October OMR: Twin Peaks 12 October 2018 Both global oil demand and supply are now close to new, historically significant peaks at 100 mb/d, and neither show signs of ceasing to grow any…

Thirty-Eight Years Of Subsidies

Guest Post by Willis Eschenbach On April 18, 1977, President Jimmy Carter announced his new energy policy. His speech included the following predictions of a dire future unless we repented of our evil ways: I know that some of you may doubt that we face real energy shortages. The 1973 gasoline lines are gone, and…

The Levelized Cost of Electric Generation

Guest Post by Willis Eschenbach In early 2013, the US Energy Information Agency (EIA) released their new figures for the “levelized cost” of new power plants. I just came across them, so I thought I’d pass them on. These are two years more recent than the same EIA cost estimates I discussed in 2011 here. Levelized…