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Peak Oil Review – April 22, 2013

April 22nd, 2013
in
"Oil prices on the New York Exchange dropped sharply through mid-day Thursday to the lowest level of the year--$85.71 per barrel—before recovering modestly to close Friday at $88.01. That was still the lowest closing number since last December and represented a loss of $3.50 per barrel for the week. For reference, NYMEX oil had traded in a relatively narrow range between $91 and $98 over the last four months. In London, Brent also dropped below $100 for the first time in 8 months and was down 11% from January.

Global Warming losing credibility with journalists

April 19th, 2013
in
A recent article by the folks at the Frontier Center for Public Policy takes a look at the cracks forming in the climate change consensus among journalists at major news outlets around the world. According to the FCPP post, Journalists … Continue reading ?

IER testifies on “wind welfare”

April 19th, 2013
in
Dr. Robert Michaels will have now already testified before a joint hearing of the House Science Subcommittees on Energy and Oversight. Based on his prepared text – made available to the public before the hearing – his testimony will have been a direct … Continue reading ?

NOAA report: 2012 drought not due to global warming

April 19th, 2013
in
Interesting. NOAA report says 2012 drought was caused by natural variations in weather, not global warming. “The Central Great Plains drought during May-August of 2012 resulted mostly from natural variations in weather,” read a report by the National Oceanic and … Continue reading ?

“Completely close the door on a carbon tax”

April 18th, 2013
in
Congressman Steve Scalise (R-LA) discusses his thoughts on a carbon tax in a recent Heritage Foundation press conference.

Peak Oil Review – April 15, 2013

April 15th, 2013
in
"After a three-day rebound in reaction to the selloff the week before last, oil prices fell again on Thursday and Friday on bad economic news from the US, the EU, and possibly China. This time prices fell faster in the US than in London, widening the WTI-Brent spread back to nearly $12 a barrel at the close. With demand weak in the US and EU, and few signs of improvement in the near future, oil prices may push below $90 in New York and $100 in London..."

Reflections on the Conference on “Peak Oil: Challenges and Opportunities for the GCC Countries”

April 15th, 2013
in
By Robert L. Hirsch - "I was fortunate to be among the few westerners invited to attend and speak at this first-of-its kind Peak Oil conference in a Middle East. The fact that a major Middle East oil exporter would hold such a conference on what has long been a verboten subject was quite remarkable and a dramatic change from decades of denial. The going-in assumption was that “peak oil” will occur in the near future.

Ontario’s Green Energy Act will cause energy prices to soar

April 12th, 2013
in
A new Fraser Institute study offers a damning review of Ontario’s implementation of the Green Energy Act (GEA) and their heavy reliance on wind to meet future energy demands. Coalblog readers will likely already know that Ontario has also made … Continue reading ?

IRS gives BIG $$$ to big wind

April 11th, 2013
in
The IRS just upped the value of the production tax credit (PTC) for wind developers, propping up the industry to the tune of another $500 million for projects completed in 2013. In one fell swoop, the IRS gave wind energy … Continue reading ?

A new wave of regulations and policies targets the industry

April 11th, 2013
in
A new article by Clean Air Markets President, Gary Hart describes what the coal industry can expect during the second term of President Obama. Gary discusses SO2/NOx, MATS, CO2, coal ash, cooling water intake structures, the DC Court of Appeals, … Continue reading ?

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