The Petroleum Truth Report
A friend sent me Doomberg’s latest takedown of peak oil with a familiar jab—“Obviously, I’m poking you”—since I was deep in that world 20 years ago. Doomberg’s point is simple:…
Jeff Currie is a sharp thinker with decades in oil and commodities—when he speaks, I listen. His “New Joule Order“ offers an interesting but problematic take on the future of energy. Currie argues…
Natural gas prices jumped over 50% from $2.26 on October 18 to $3.43 on November 26, sparking talk of a rally. Don’t get too excited—this is winter weather at work,…
The energy transition took some body blows in 2024. If you still believe decarbonization is inevitable and just a matter of time, read on. The surge in power demand from…
Energy, Economics, and the Limits of Growth: What Trump’s Victory Reveals About America’s Challenges
Peter Thiel claims that Trump’s election victory marks the collapse of liberalism, a public rejection of progressive academia, and the end of the technocratic deep state. Pippa Malmgren calls it…
Refinery margins are under serious pressure in 2024, squeezed by high costs and an oversupply of refined products. Weak demand and high crude prices are the main culprits. This isn’t…
Last week, I spent time with oil CEOs who understood the complex environmental issues tied to energy but still believed everything would work out for humanity. Technology will fix most…
There’s a hidden framework that holds up our worldview—the rules, assumptions, and structures we rarely notice or question. Indy Johar calls this “dark matter.” It’s dark because it operates beneath…
The Washington Post recently featured new research by Emily Judd and her team, reaffirming what scientists have long understood: CO2 and temperature are closely linked. What’s new is that this study…
The risk of global conflict has increased to its highest level in decades because of recent events in the Middle East. The targeted killings of Hamas leaders in Tehran and…
The Middle East seemed to be on the brink of war last week and oil prices fell. Was the market wrong? Brent futures price closed at $90.45 per barrel on…
Perhaps the most extraordinary part of Iran’s April 13 attack on Israel was that it was countered by a coalition that included Jordan, Saudi Arabia and the United Arab Emirates…