Just like electric vehicles (EV) and wind turbines, solar panels are born with a carbon debt. Once they are in place and creating power, they are wonderful things. They can create power without any emissions, but before they can be considered truly green, they have to pay off that...
Through a series of reactionary blunders, the current administration has served to drain our country’s strategic petroleum reserve (SPR) to levels not seen since the 1980s. A far cry from energy security amid global conflict, releasing reserves has thus far exceeded domestic refining capacity and therefore necessitated exporting. At...
With emissions reduction being the key goal, the renewable energy economy is surging with applications to meet energy needs through clean and efficient alternatives. Providing a pivotal tipping point in the right direction, lithium has gained popularity as a main ingredient to success. Standard Lithium presently harnesses the technology...
EIA Reports Oklahoma Coal-fired Power Plants Converted to Natural Gas
The energy industry has long sought to develop products and processes to anchor itself as a global necessity. State of the art natural gas-fired power plants are an example area where streamlined research and development has paid off. More specifically,...
Less Coal in Your Stocking?In the 1880s coal surpassed wood becoming the largest energy source in the United States. Coal consumption in the U.S. continued to rise until reaching its peak in 2007. In 2018, coal consumption fell 44% from that top 2007 point, making consumption the lowest it...
Edwin Drake : An Oil History Story
Pennsylvania Oil and Natural Gas Production
Natural gas production in Pennsylvania reached 6.2 trillion cubic feet last year. This makes it the second-largest natural gas producer in America, only Texas with the Eagle Ford Shale and Permian Basin are before it. In crude oil...
Royal Dutch Shell Ceo Ben van Beurden announced a strategic review of the company. This comes, he says, as a result of the economic crisis caused by the corona virus pandemic. He believes the pandemic is accelerating the world’s transition towards greener energy. As a result of the review,...
Cushing's Oil Capacity Running Low, Threatening Global Supply
Unintended Consequences and Supply Response
The storage tanks in Cushing, Oklahoma, require a minimum level of oil to maintain normal operations, which traders generally believe is around 20 million barrels. Unusually for this time of year, stockpiles declined more than 4 million barrels...
The second wealthiest man in the world, Elon Musk, has moved from California to Texas. In an interview with the Wall Street Journal, he cited California taking “innovators for granted” as one of the main move factors. Tesla still has its headquarters in California, but a new facility is...
ESG stands for Environmental, Social, and Governance Criteria. These are the three criteria investors are increasingly turning to for screening potential out investments that may pose a financial risk because of one or more of their policies. According to Oil & Gas 360 these criteria are defined as:
Environmental...
