Temperatures are not Rising over Climate Change except at the IPCC Conference in Paris

SOURCE: http://www.bbc.com/news/science-environment-28870988 Prepare yourself for wailing and gnashing of teeth as the UN International Panel on Climate Change advocates meet in Paris. The Telegraph newspaper article in the UK summed up the Panel’s view: “The world is on course to experience “severe and pervasive” negative impacts from climate change unless it takes rapid action to Read more about Temperatures are not Rising over Climate Change except at the IPCC Conference in Paris[…]

A Fly on the Wall at OPEC’s November 27th Meeting

The next meeting of OPEC ministers is scheduled to take place November 27, 2014 in Vienna. It is not going to be business as usual. The stated purpose of the meeting is to set production policies for 2015. But we all know what the members will be discussing over tea or something stronger. “How do Read more about A Fly on the Wall at OPEC’s November 27th Meeting[…]

What to Make of Lower Oil Prices? Merry Christmas!

SOURCE: US EIA As I write this on October 13, 2014, the Brent crude oil price is $88per barrel or about 23% lower than its $115 year-to-date peak on June 19. For 13 straight months until July 2014 monthly Brent spot prices traded from $107 to $112 per barrel according to the US Energy information Read more about What to Make of Lower Oil Prices? Merry Christmas![…]

The Mismatch of Power Supply and Demand

SOURCE:  US EIA The Mismatch of Supply and Demand. Many North American power markets (both ISO and non-ISO) have what might be described as too much of too many good things in plentiful power supply and low natural gas fuel prices.  What’s missing is demand growth to put all that generation potential to productive use. Read more about The Mismatch of Power Supply and Demand[…]

Shale Gas Supply Growth Shakes Up Everything

SOURCE:  US EIA Data and Reuters graphic The shale revolution is a full reversal of energy fortunes in the United States.  It might have similar potential in other parts of the world if as projected global LNG prices decline over the decade ahead and indexing gas prices to oil erodes from competitive pressures on existing Read more about Shale Gas Supply Growth Shakes Up Everything[…]

Light Sweet Crude Displacement

I live in the San Francisco Bay Area and despite its well-deserved ‘tree hugger’ image the inland part of the Bay is home to a concentration of refineries essential to California’s economic vitality.  These refineries produce the boutique blend of gasoline not available anywhere else.  The EPA’s insistence on these unique regional gasoline blends is Read more about Light Sweet Crude Displacement[…]

Getting to Solar Energy Sustainability

The search for market equilibrium is an elusive quest in the solar energy industry.  But the addiction to subsidies, carve-outs and other political favors has done little to improve the success potential for solar.  Quite the reverse, by creating the conditions that made possible and induced China to expand its aggressive export strategy of market Read more about Getting to Solar Energy Sustainability[…]