Sign up | Login with →

fuel supplies

Friday Energy Facts: Oil and Natural Gas Resource Categories Reflect Varying Degrees of Certainty

July 18, 2014 by U.S. EIA: Today in Energy

Resources and Certainty

Crude oil and natural gas resources are the estimated oil and natural gas volumes that might be produced at some time in the future. The volumes of oil and natural gas that ultimately will be produced cannot be known ahead of time, but resource estimates change.[read more]

Energy Security: 'Euphoria over Abundance' is Misplaced says Jason Bordoff at IAEE Conference

June 26, 2014 by Roman Kilisek

Abundance and Future Planning

The energy world is highly volatile and, therefore, always in flux. In this context, Jason Bordoff, Founding Director of the SIPA Center on Global Energy Policy at Columbia University, issued the following sobering warning: “Rosy projections for the next decade are always a little harder to accomplish in reality.”[read more]

The Connection Between Oil Prices, Debt Levels, and Interest Rates

May 23, 2014 by Gail Tverberg

Prices, Debt, and Interest

The economy doesn’t just grow by itself (contrary to the belief of many economists). It grows because affordable energy products allow raw materials to be transformed into finished products. Increased debt helps energy products become more affordable.[read more]

Russia and the Ukraine: The Worrisome Connection to World Oil and Gas Problems

May 9, 2014 by Gail Tverberg
1

Ukraine Crisis and World Oil and Gas

If a person thinks about the current Ukraine crisis, it looks a lot like a situation where the world is reaching limits on oil and gas production. The marginal producers (including Russia) are being pushed out, at the same time that the marginal consumers (including the Ukraine) are being pushed out.[read more]

Experts: Cost Gap Between Renewables and Natural Gas 'Is Closing'

May 7, 2014 by Herman Trabish
35

Renewables Catching Up with Natural Gas

The cost of renewables is steadily catching up to the cost of natural gas and will soon beat it. According to a panel of researchers at the Windpower 2014 conference, continued improvements in wind and solar technologies are making them a threat to natural gas.[read more]

Renewable Hydrogen on the Big Island

April 25, 2014 by Robert Rapier
3

Renewable Hydrogen

Hawaii has abundant energy resources from wind, the sun, geothermal, water, and biomass. Yet Hawaii relies on petroleum for 80 percent of its energy, making it by far the most petroleum-dependent state. This is because Hawaii is the only state that still gets a large portion of its electricity from oil.[read more]

Lower Prices Pull Down Natural Gas Reserves in 2012

April 13, 2014 by U.S. EIA: Today in Energy

Natural Gas Reserves

Lower natural gas prices drove down U.S. proved reserves in 2012, despite notable gains in the Marcellus and Eagle Ford shale gas plays. The decline stopped a 14-year trend of consecutive increases in natural gas reserves, according to newly published estimates.[read more]

exclusive

For All the Calls to 'Rescue' Ukraine with LNG Exports, US Should Steady the Course on Terminal Applications

March 31, 2014 by Jim Pierobon
4

Ukraine LNG Rescue

The annexation of Crimea by Russia is strengthening the case for U.S. companies exporting liquefied natural gas to beef up Ukraine’s, and U.S. allies’, energy security. But it will take time before significant new quantities of LNG start flowing from the U.S. terminals awaiting approvals.[read more]

Coal Supplies at Electric Power Plants Drawn Down in Cold Weather

March 30, 2014 by U.S. EIA: Today in Energy

Coal Supply Draw Down

The average supply of coal fuel held in reserve at electric power generators in December 2013 dropped below sixty days worth of burn (a function of both inventory levels and anticipated consumption) for the first time since summer 2011.[read more]

It Just Doesn't Add Up: Why I Think Not Building Keystone XL Will Leave a Billion Barrels of Bitumen in the Ground

March 25, 2014 by Maximilian Auffhammer
3

Keystone and Potential Fuel

When oil sands come up in conversation, many of my economist friends argue that "the stuff will come out of the ground whether we like it or not". When the discussion turns to Keystone, the attitude is that "it simply doesn't matter. The Canadians are just going to build pipelines and ship the stuff elsewhere."[read more]

Gas Inventories Reach 11-Year Low

March 17, 2014 by Robert Rapier
4

Gas Inventories

Two weeks ago I wrote about the abnormal situation with natural gas inventories. I got a number of questions and comments about that essay, and since then we now have another two weeks of inventory data, so let’s take a moment to update the picture.[read more]

Reaching Limits to Growth: What Should our Response Be?

February 19, 2014 by Gail Tverberg
13

Oil limits seem to be pushing us toward a permanent downturn, including a crash in credit availability, loss of jobs, and even possible government collapse. In this process, we are likely to lose access to both fossil fuels and grid electricity. Supply chains will need to be short, because of the lack of credit.[read more]

Oil and Gas: A Flawed Prediction?

February 10, 2014 by David Hone
5

Flawed Prediction

One of the comments I quite often get at external events is that “The oil and gas industry has only got 20 years”. This doesn’t just come from enthusiastic climate campaigners, but from thoughtful, very well educated people in a number of disciplines related to the climate issue.[read more]