Tag: oil prices
There Is Optimism For Distributed Wind Energy In United States
Recently the long term leader of the USA’s Distributed Wind Energy Association, Mike Bergey of Bergey Windpower and a long term acquaintance, reached out to ask me to keynote the annual conference in Washington. Putting together my material led me to consider the strategic drives and how they would be … [continued]
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Trump Promised to “Drill, Baby, Drill.” Big Oil Won’t Let Him.
The promise was simple. All those pesky regulations, limitations, and outright bans that were imposed on fossil fuel companies would be lifted by the mighty pen of President Donald Trump, allowing them to finally produce as much as they materially could — environment be damned — and, by virtue of … [continued]
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Science Purge Is Part of United States’ Echoing Of Mao’s Cultural Revolution
As Mark Twain is reported to have said, history doesn’t repeat but it rhymes. Trump 2.0’s actions are very much rhyming, albeit discordantly, and with a dismal period from the past of the United States’ proclaimed great enemy, China. Mao Zedong’s Cultural Revolution, launched in 1966 and lasting until 1976, … [continued]
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LNG Bubble Is Going To Deflate Rapidly With Harsh US Impacts
LNG exports are a big US success story in recent years. The first large export terminal was commissioned in 2018, and only seven years later, the country is the largest LNG exporter in the world, providing about 20% of the global supply. The industry has had a lot of favorable … [continued]
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U.S. Retail Gasoline Prices to Decrease in 2025 & 2026 with Lower Crude Oil Price
In our January Short-Term Energy Outlook, we now forecast U.S. retail gasoline prices through the end of 2026. We estimate U.S. average gasoline prices in 2025 will decrease by 11 cents per gallon (gal), or about 3%, compared with 2024. In 2026, we forecast a further decrease of about 18 cents/gal, … [continued]
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