Energy Contrarian
The story of a big oil glut is based on some of the worst analysis I’ve seen in years. I wrote that six months ago, and it’s as true today…
The dominant view that oil will remain oversupplied well into 2026 is starting to crack. For months, the consensus has warned of a looming glut—blaming weak demand, slow growth, and…
When people talk about the energy transition, they mean replacing fossil fuels with renewables. The real shift is using less energy. Daniel Yergin argues this isn’t a transition but an energy addition—renewables are…
Peak Oil was supposed to be a warning. When world production peaked, shortages, soaring prices, and economic collapse would follow. Twenty years ago, Matt Simmons made that case in Twilight in…
Trump’s latest “drill, baby, drill” plan gets plenty of contempt but little investigation—a sure path to ignorance. Skeptics say it’ll fail because oil companies aren’t interested. They’re focused on shareholder…
Are world leaders clueless, energy blind, staging political theater—or all of the above? The Biden administration has announced new rules to restrict certain natural gas water heaters, aiming to cut…
The era of cheap oil ended two decades ago, when the average price jumped from $35 in the 1990s to over $90 since 2000. The peak oil movement understood that…
The global economy is predicated on growth, but that era is ending. Global fertility rates have tanked since the 1960s, dropping from around 5 kids per woman to just 2.3…
We are witnessing a fundamental shift in oil markets, a structural phase-change. Oil prices hit their lowest point last week since June 2022, when the market was gripped by fears…
Tom Steyer has an impossible dream. “We are going to electrify the planet…We’re going to get off fossil fuels.” Tom Steyer He’s written a book called Cheaper, Faster, Better: How…
Many oil analysts believe that global oil supplies are tight, but markets don’t agree with them. In fact, markets haven’t indicated any signs of scarcity since the energy shocks that…
Events in the Middle East suggest far more than the “challenging days ahead” mentioned by Israeli Prime Minister Benjamin Netanyahu. Iran was humiliated by a security failure that allowed the…