Below you'll find a list of all posts that have been tagged as “Energy Information Administration”
A new study finds local weather may play an important role in Americans’ belief in climate change. The study, published on Monday, found that Americans’ belief that the earth is warming is related to the frequency of weather-related events they experience, suggesting that local changes in their climate influence their acceptance of this worldwide phenomenon. “One of the greatest challenges …
The biofuels world is abuzz with talk of high octane fuel. Ethanol trade groups weighed in recently with regulators on the role of higher octane fuel in meeting fuel economy targets. Their interest in gasoline and fuel economy might seem odd, except that their plan is to deliver higher octane gasoline by increasing the amount of ethanol blended into it. …
Those “drill baby drill” fanatics who still insist America is on the smooth road to energy independence might want to pump the brakes just a bit. A look at the latest report by the US Energy Information Administration shows US oil production is down over one million barrels per day since its June 2015 peak of 9.6 million. As of September 9, …
In 2015 the world came together to agree the landmark Paris Climate Agreement aimed at keeping global temperature rises to 1.5 degrees above pre-industrial levels. And just in time: we are facing a climate crisis. 2016 is set to be the hottest year on record and greenhouse gas emissions globally are still not falling. We are seeing the impacts of …
1. Community cooperative utilities As a chain of volcanic islands, Hawai‘i doesn’t have coal and natural gas readily available to generate electricity. The state depends on oil, shipped in by tanker, to generate electricity. In 2002, Kaua‘i Island Utility Cooperative (KIUC) became the first and only member-owned utility company in the state, aiming to solve this energy problem. At that …
If there is any single price of any commodity that determines the growth or slowdown of our economy, it is the price of crude oil. Too many things don’t calculate today in regard to the dramatic fall in the world oil price. In June 2014 major oil traded at $103 a barrel. With some experience following the geopolitics of oil …
The mainstream media keeps churning out good news stories about the booming shale oil and gas industry in the United States. Apparently, the fracking industry is going to lead to America becoming the next Saudi Arabia with a hundred years of oil and natural gas. It will provide cheap energy supplies that will boost U.S. Industry and give a major …
Oil market is uncertain as the US shale oil output is expected to fall for the first time in four years, and the coming months are likely to see a continuing price war between OPEC producers. Deutsche Bank, Goldman Sachs and HIS are now projecting that US oil production growth will now end. The global oil price rose slightly in …
Don’t hold your breath, but future historians may look back on 2015 as the year that the renewable energy ascendancy began, the moment when the world started to move decisively away from its reliance on fossil fuels. Those fuels — oil, natural gas, and coal — will, of course, continue to dominate the energy landscape for years to come, adding …
In addition to the EIA’s amusing oil price forecast, which as noted previously leaves quite a bit to be desired considering it was a year ago that the EIA completely failed to anticipate the plunge in crude prices, which have collapsed far below its worst case estimate… … there is another more substantial problem with the EIA predicting a consistent increase in …
