Energy Aware

Renewable energy can run a civilization–just not this one.

High energy prices mean that inflation will continue.

For those who think that transport is the main use of internal combustion engines, think again. Less than half were for automotive use in 2020. Agriculture, manufacturing, power generation, forestry and construction accounted for the other 53%.

Monthly oil prices have nearly quadrupled since April 2020 and that has some analysts talking about an oil super-cycle. What nonsense.

The obvious conclusions from this crisis are that 27% reliance on wind is a big risk and that Texas’s unregulated electric grid system is a train wreck.

What lies ahead during the lifetimes of our grandchildren will most probably not be comparable to anything since the development of multi-cellular life on Earth.

Oil was responsible for the singular economic growth after World War II. It is the only thing that can prevent slow growth from becoming negative growth in that new world order.

Decreasing EUR and b-exponents in the Bakken are because the sweet spot or core area has reached full development. More wells are now being drilled outside the core.

A 100% Renewable Future Means a Poorer World

Total U.S. land rig count decreased -64 to 646 & horizontal land rig count decreased -60 to 592. Tight oil horizontal rig count decreased -46 to 453 and shale gas…

I’m in favor of the global output cut orchestrated by President Trump but let’s recognize it for what it is: largely irrelevant.

Saudi Arabia has repeated the blunder it made in November 2014 by increasing oil production during an oil-price collapse. In 2014, it led to a depression in the oil industry. This time, it may be the tipping point for a global economic depression.