"Euan Mearns is a geologist and geochemist. In recent years he was a principal at The Oil Drum, the worlds leading energy blog, until it was archived a year ago. Since then he has founded his own blog called Energy Matters that strives to publish informed articles on the Earth energy system."
You can read more of Euan's work at his popular blog Energy Matters
A new report has found that jobs in the British solar industry are being slashed amid a very gloomy outlook for that sector. The study,…
Since the possible double bottom at $26 formed on February 11th, the oil price has staged a rally to $40 (WTI). Traders lucky enough to…
Lovering, Yip and Nordhaus (Science Direct April 2016) reviewed construction cost data for 349 reactors in the U.S., France, Canada, West Germany, Japan, India, and…
High oil price volatility signals that the market has not yet decided the future direction of the oil price. Global production was marginally lower in…
Oil market observers will appreciate that the oil price has become more volatile of late with daily movements of several percent common place. A friend…
Rumors are circulating that a hundred billion barrels of oil have just been discovered at Gatwick airport. I first came across this story at WUWT…
In November 2014 the OPEC countries met in Vienna and agreed to keep pumping oil to maintain their market share rather than cut production to…
Every year I have a bet with a good friend on where the Brent oil price will be in December the following year. Last year…
The day of reckoning has arrived for the oil price with the head and shoulders pattern I have been tracking for two months finally being…
As the oil price war unfolds it becomes easier to understand the outcome. There is ongoing speculation about the motives of the main players. Is…
The UN has suggested that Africa, the poorest continent on Earth, should skip over an industrial revolution built on fossil fuels (FF) and move directly…
The “big news” this month is that the banks granted over-leveraged, loss-making shale oil drillers a stay of execution by continuing to provide credit lines.…
With momentous events unfolding on the World stage, the oil market continues to evolve at a glacial pace. Global total liquids production was 96.29 Mbpd…
This post examines EU renewable energy targets and how the various member states are doing in meeting the targets agreed for 2020. It has been…
The main action this month has been on the oil price that continued to slide. Both WTI and Brent set new post-crisis lows but saw…
With WTI falling below $40 and perhaps heading for $20, one needs to wonder if OPEC’s strategy is working out as planned? Why are they…
With West Texas Intermediate (WTI) and Brent close to their January 2015 lows some readers are wondering how these lows compare with historic lows when…
On August 3rd President Obama made a speech* detailing his plans to decarbonize the US electrical power generation sector. While the legality of this move…
The US oil directed rig count was up 31 for the month of July and WTI is down about $11 for the month at time…
Summary 1) The EIA drilling productivity report has been used to estimate decline rates in the Bakken, Eagle Ford and Permian light tight oil (LTO…