Saturday, May 18, 2013
In an effort not to incite to riot disbelievers of “anthropogenic climate change,” this discussion looks at what appears to be a significant change of climate throughout the world. It is a well-known fact that the earth has gone through mass extinctions...
My previous discussions on the oil industry brought praise and scorn. Points from either side were well worth rumination over and valid in their own right. The oil industry was portrayed as both a capitalistic hero worthy of our praise and a mischievous...
On top of declining oil prices, declining petroleum consumption, a slight increase in the use of renewable energy, the market launch of electric vehicles and U.S’s renewed sensitivity to greenhouse gas emissions, America is looking at reopening the door...
A few months ago, Headlines across the country read: Gasoline retail prices reached a 2-year high - Regular grade at-the-pump gasoline top $3 a gallon in all regions of America - Los Angeles hits $4 - Oil and gas supplies grow even as demand for gasoline...
Last week, Exxon Mobil reported quarterly earnings of $11 billion. As a side note, many headline left out the word “quarterly.” We are a capitalistic society, so the ultimate role of any corporation is to boost sales, improve profit margins and make...
A day does not go by without hearing about concerns for petroleum demand, prices and eventual shortages, both domestically and globally. The same applies with coal and natural gas. Nations have gathered together to control and reduce consumption of fossil...
Dateline April 18, 2011: Weekly U.S. Imports of Total Petroleum Products for 2011 averaged 2,519 thousand barrels per day. At the current Nymex Crude Future Price of $107.12, the U.S. is exporting about $270 million U.S. dollars per day and $98.5 billion...
Déjà vu! “We are keenly aware of the fact that no nation, and particularly no industrial nation must be in a position of being at the mercy of any other nation by having its energy supplies suddenly cut off.” - President Richard Nixon, remarking about...
Can it be true? Will renewable energy, specifically solar, play on a level field with fossil fuels and become financially attractive? All without incentives! Will U.S. net electrical generation now dominated by fossil fuels switch over in the foreseeable...
Can it be true? Will renewable energy, specifically solar, play on a level field with fossil fuels and become financially attractive? All without incentives! Will U.S. net electrical generation now dominated by fossil fuels switch over in the foreseeable...
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