Blackrock's Michael Dennis said that…
Oil prices fell this week…
The expected recovery of global oil demand for transportation and more positive earnings this year, compared to the nightmare of 2020, are setting the stage for a rally in the…
Our last report focused on the uniqueness of the Texas wholesale electricity market, ERCOT, and how it was specifically designed to evade federal utility regulation. And as if he were…
Flying cars, also known as electric air taxis, have been around us for a long time thanks to sci-fi staples such as "Back to the Future" and "The Jetsons." But…
Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week to February 12. This…
Solar panels and wind farms have become fixtures of the global energy mix even if things like winter cold sometimes interfere with their operation. Hydrogen is garnering growing attention—even if…
The lithium market is about to end a nearly three-year downturn of low prices and low investment in new supply because of those low prices. Demand for key battery…
In the wake of the global race to reduce emissions, EU countries are struggling to implement a coherent policy approach or to align their actions with the high-minded…
Berkshire Hathaway has invested US$4.1 billion in Chevron (NYSE:CVX) stock, Warren Buffett’s conglomerate announced in a filing with the SEC with holdings as of the end…
Over the past two decades, the renewable energy sector has been besieged by a smorgasbord of challenges, including regulatory issues, U.S. sequestration, overcapacity, bankruptcies, and even the lure of other…
The message that we need to electrify everything that currently uses fossil fuels to generate energy has become the dominant message of the energy transition. Solar, wind, and energy storage—perhaps…
Not too long ago, wind, solar, and energy storage technologies were largely dismissed as being fringe, pie-in-the-sky, and not cost-competitive. Today, clean energy is not only being recognized because of…
On a day when one of our preferred stocks, Exxon, has hit the highest price since last June following an upgrade from Credit Suisse which upped its price target for…
Unprecedented winter storms hit Texas. The electricity grid cannot deal with excess of demand over supply. Prices soar. Rolling blackouts. Expect more says the grid operator. What the stories do…
The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a cost of $900 for…
Crude and refined products futures on the New York Mercantile Exchange advanced on Tuesday, lifting West Texas Intermediate, Ultra-Low Sulfur Diesel (ULSD) and gasoline (RBOB) contacts to their highest price…
The cold spell attacking Texas this week may be boosting oil prices, but it’s also causing oil refineries to shutter and pipeline operators to restrict their flow. On Monday, President…
The Covid-19 pandemic has ravaged energy markets and decimated demand. Of the three fossil fuels, coal, natural gas, and oil, demand for the latter was affected most due to its…
When the International Maritime Organisation announced plans to significantly reduce the amount of sulfur ships were allowed to emit, the industry adjusted relatively quickly. After all, it was all about…
A brutal polar vortex has paralyzed much of Texas. Three million people are left without power as an extreme cold snap sends power demand to record highs. Energy infrastructure, such…
With the clean energy shift beginning to gain serious momentum, the prime candidates for a sustainable future have been solar, wind, and to a lesser extent, geothermal energy and nuclear…