hould the world stop using fossil fuels—oil, coal, and natural gas? Or should we embrace them as an essential part of modern life? Alex Epstein explores these questions. Take the pledge to stop climate misinformation and get the facts with a free PDF e-book of scripts from our climate videos.
U.S. natural gas futures climbed about 5% to a two-week high on Thursday on a smaller-than-expected storage build, a drop in daily output and forecasts for higher demand next week than previously expected and hotter-than-normal weather through early August, especially in Texas. That price increase occurred despite slow growth in the amount of gas flowing …
US natgas prices jump about 5% on small storage build, hot weather forecasts Read More »
Are we heading toward an all-renewable energy future, spearheaded by wind and solar? Or are those energy sources wholly inadequate for the task? Mark Mills, Senior Fellow at the Manhattan Institute and author of The Cloud Revolution, compares the energy dream to the energy reality.
Cost of other commodities used in EV batteries down, too The Tesla Inc. chief executive made the remarks in response to questions on the EV maker’s earnings call. “Lithium prices went absolutely insane there for a while,” he said. Rising commodities prices made it difficult to cut costs last year, but Musk said he was …
Elon Musk relieved that lithium prices are no longer ‘insane’ Read More »
(Reuters) – The current global annual investment of around $500 billion into upstream oil and gas would be sufficient to meet peak oil demand in the 2030s, Wood Mackenzie said in a report, debunking the widespread belief of under-investment in the sector. Current expenditure could deliver the supply needed to meet demand peaks through three …
Current Investment in Upstream Enough to Meet Peak Oil Demand in 2030s: Wood Mackenzie Read More »
(Reuters) – U.S. President Joe Biden will announce the first offshore wind power development rights sale in the Gulf of Mexico on Thursday as part of a trip to highlight the administration’s efforts to boost renewable energy, the White House said. In February the United States proposed to expand offshore wind power development into the Gulf …
Biden to Announce Offshore Wind Rights Sale in Gulf of Mexico Read More »
(Bloomberg) Washington and Beijing need more time to “break new ground” in their shared mission to combat global warming, US climate envoy John Kerry said after days of talks in Beijing ended without sweeping new commitments. “We got a long way with it,” and “we just ran out of administrative time and capacity to chase …
John Kerry Says the US and China Need More Time to Break Ground on Climate Read More »
U.S. natural gas futures held near a one-week high on Wednesday on a drop in daily output and forecasts for the weather to remain hotter-than-normal through early August, especially in Texas. That price increase came despite forecasts for less demand this week than previously expected and slow growth in the amount of gas flowing to …
US natgas prices hold near 1-week high on output drop, lingering heat wave Read More »
Courtesy of The Atlantic Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE If China was the community that we all collectively watched grow up over the last couple of decades, then this chapter is titled The Kids Aren’t Alright. A story truly not getting enough airtime is what’s happening right now with the Chinese …
Iraq secured its $27 billion oil deal with France’s TotalEnergies last week by offering quicker, less risky payback through greater revenue-sharing, a model it could replicate in the future to lure investors. Foreign investment in Iraq’s energy sector has fizzled out since a flurry of post U.S.-invasion deals over a decade ago, with Exxon Mobil, Shell and BP all …
Iraq’s massive Total oil deal heralds new revenue-sharing formula Read More »
