by Amy Lupica (Our Daily Planet) A new report from the International Energy Agency (IEA) predicts that gasoline demand will never return to pre-pandemic levels. The IEA tracks EV industry growth as an indicator of
Tag "peak oil"
by Hanna Ziady (CNN Business)Royal Dutch Shell (RDSA) said its oil production and carbon emissions have peaked as it detailed plans to gradually wean itself off fossil fuels. Climate activists said it hadn’t gone
by Michael J. Coren (Quartz) Not all oil is equal. We think of petroleum as equivalent whether it comes from the ground in Saudi Arabia or Texas. But that’s not quite
(Our Daily Planet) Yesterday, the world’s leading oil producers, the Organization of Petroleum Exporting Countries (OPEC), projected a larger decrease in oil demand than was predicted earlier in the pandemic, The Hill
by Myles McCormick (Financial Times) Rystad Energy says its estimate of recoverable barrels of crude has dropped by 282bn — An influential research firm has cut its estimate of potential
by Feng Hao and Gao Baiyu (China Dialogue) With stronger policies, China could peak its oil consumption in 2025, report finds — … A two-year study led by the National
by Alan Guebert (Beatrice Daily Sun) … “U.S. farmers, particularly cornbelt farmers, have gotten a really bad deal from the Trump Administration on the biofuels front.” Both statements are true,
by Nick Cunningham (OilPrice.com) By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue
(Energy Today/OilPrice.com) In 2002, oil prices were hovering around $20 per barrel and then rose almost continuously until mid-2008 when the price of a barrel of oil on the New York
by James Cogan (Ethanol Europe Renewables Ltd/Biofuels Digest) The CEOs of Europe’s big ethanol firms (Tereos, Cristal Union, Alco Group, Crop Energies) are under seige. They are battling imported and sometimes fake
by Terry J. Mazanec (Lee Enterprises Consulting/Biofuels Digest) … Most modern refineries comprise more than 20 individual unit operations, each of which is a complex process on its own. And different
(Peak Oil) … But not all biofuels are terrible. You can distill ethanol from cellulosic crops, an option that’s both green and beneficial to farmers. Scientists have also been working hard
by Marc J. Rauch (The Auto Channel) … For a guy who grew up primarily in Brooklyn and Queens, farming was as alien to me as the dark side of the moon.
by Amanda Cooper (Reuters) The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris
by Anna Hirtenstein (Bloomberg) Oil demand growth coming from trucks, jets – not cars; Electric cars made up less than 1% of total sales last year — Electric cars won’t cause oil demand
by Paul Driessen (Town Hall) … The tale of Philip Joseph Rivkin (aka Felipe Poitan Arriaga) reveals an equally disgusting aspect of the mandate, resulting from the absurdly complex Renewable Identification Number
by Barry Blitstein (Oklahoman) … Calling the Renewable Fuel Standard a farce is an unfair assessment. It’s true that fracking has impacted the domestic energy picture but it’s only temporary. The
by Jay Fitzgerald (Boston Globe) Is America’s energy boom coming to an end? As companies shut down oil- and gas-drilling rigs and lay off thousands of workers who toiled in
by Nick Cunningham (OilPrice.com) Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few
by Elizabeth Douglass (InsideClimate News) Groundbreaking initiative is forcing an investor rethink: What’s the value of fossil fuel stocks if companies must leave reserves in the ground A well-heeled coalition
by Geoff Cooper (The Energy Collective/Renewable Fuels Association) Anyone with even a casual interest in energy policy knows that a full frontal assault has been launched against the Renewable Fuel
by James Stafford (OilPrice.com) … To help us look at these issues and more we managed to speak with the well known economist James Kwak. James is an associate professor at
by James Stafford (OilPrice.com) Rising geopolitical tensions and high oil prices are continuing to help renewable energy find favour amongst investors and politicians. Yet how much faith should we place
(Lee Enterprises Consulting/24-7 Press Release) Lee Enterprises Consulting of Little Rock, Ark., the world’s largest biodiesel consulting group, recently announced its plans for expansion in 2012. The plans include expansion
(Platts) UAE Oil Minister Mohammed Bin Dhaen al-Hamli said Monday that the days of easy oil were coming to an end and the UAE and fellow oil producers are having
(Global Renewable Fuels Alliance) Today’s release of the IEA’s annual World Energy Outlook in London has again confirmed the end of cheap oil blaming growing energy demand and declining oil
by Joelle Brink (Biofuels Digest Asia) Occasionally we forget that the cost of transportation and aviation fuel is almost entirely driven by the price of oil. Even blended with biofuel
by Michael T. Klare (CBS News) …Over the coming decades, we will be embroiled at a global level in a succeed-or-perish contest among the major forms of energy, the corporations which
(Royal Dutch Shell) Shell, February 14, 2011, published Signals and Signposts – a report into future energy scenarios which offers a deeper understanding of global developments and the world’s energy supply, use
(The Independent) Pressure on Opec, which has a vested interest in a high oil price, offers no long-term solution Is the world on the brink of another ruinous oil shock?
by Ubaidillah Masli (Brunei Times) LAILA, the rice variety heralded as the answer to Brunei’s food self-sufficiency woes, might also fuel the Sultanate’s cars in the future as an efficient
by Stephen E.F. Brown (San Francisco Business Times) Oil supplies are likely to run out 90 years before there are viable alternative fuels readily available, according to a study from U.C.
by Bob Dinneen (The Hill/Renewable Fuels Association) Given the latest news from two government reports, we need to start changing the “drill baby drill” chant to “distill baby distill.” One study,
by Joelle Dent (Biofuels Digest Asia) There’s blast furnace heat but little light so far in the debate on the UK biofuels target for 2020. Some advisors have urged that
by Terry Macalister (The Guardian) …The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a
by Rowena Mason (Telegraph) The world’s oil reserves have been exaggerated by up to a third, according to Sir David King, the Government’s former chief scientist, who has warned of
The ‘peak oil’ debate is polarised, contentious and characterised by competing interpretations of the available data. A growing number of commentators are forecasting a near-term peak in global oil production