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Earlier this month, according to several peak oil bloggers, the world passed a milestone worth noting: the point at which oil, in constant dollars, became more expensive than ever before in history. ...

"An untimely confluence of bad weather, flawed energy policies, low stockpiles and voracious growth in Asia's appetite has driven international spot prices of coal up by 50 percent or more in the past ...

The $13.7 million works out to about 1 cent per person per year,
or the approximate US cost of the Iraq war for 90 minutes.

Since the cost to mint a penny now is two cents, maybe it's
a half penn ...

It occurred to me I should provide a line to the EIA source.

http://www.eia.doe.gov/cneaf/electricity/epm/epm_sum.html

The report is updated monthly on about the 20th. The tables
I was referrin ...

The utility says its Tehachapi facility will be the nation's largest, eventually generating 4,500 megawatts.

Wind energy currently contributes just over 1% of all the power used in the U.S. but is ...

if Bank of America went belly up?

If an institution like Bank of America went belly up the US would be screwed. We aren't even close to something like that happening.

joeltrout

Not yet, but ...

I know what they did. They used "production" which is "how much the refineries made" instead of "products supplied" which is "how much people bought".

"Products supplied" isn't the am ...

There's some truth in a number of those ideas, but by and large,
they are of little value, or downright wrongheaded.

I noticed the last line of the article, which tells us a lot:

"Hofmeister is ...

Loss of wind causes Texas power grid emergency

HOUSTON (Reuters) - A drop in wind generation late on Tuesday, coupled with colder weather, triggered an electric emergency that caused the Texas grid ...

I followed the article link to this:

http://www.livescience.com/health/ap_Kurzweil_050213.html

If the claims therein about Mr. K are true, he's more a humorist than a futurist. Or a crackpot.

4, The democrats, under Bill Clinton, intervened in the oil market repeatedly during the 90's by tapping the SPR. They used this repeatedly to cool off the market at times like right now when it got ...

cube
I can't seem to communicate with you regarding "capacity".
Capacity alone tells one absolutely nothing about how much
will be produced or when. The only thing it alone can tell you
is the max ...

Absolute bull**** . The capacity of ANY energy source, however
intermittent, has no direct impact on the stability of the grid.
Wind could be 500% capacity of needs and would have no
impact ...

If tomorrow morning the whole planet converts to a liberal left leaning government ideology and all the conservatives simply died off and the whole wide world threw it's entire resources into wind pow ...

Found this rather startling graph in the EIA's

I was wondering why you felt that way. I would expect any
industry eventually to reduce inventory if sales or consumption
were less than in an earl ...