Robert Rapier investigates the data from BP's Statistical Review of World Energy and highlights some of the key numbers in consumption of crude oil, coal, and natural gas.
In a major victory for environmental regulation, the D.C. Court of Appeals unanimously ruled Tuesday to uphold the right of the Environmental Protection Agency to regulate emissions of greenhouse gases. The Court’s ruling puts an end to a three-year-long suit in which a coalition of states challenged the EPA’s 2009 finding that carbon dioxide emissions [...]
The U.S. share of global oil production dropped from 24% in 1970 to 9% in 2011, while global oil production has grown by 163% since 1965.
Over the next two to three weeks, I am going to post a series of short articles utilizing graphics I created from the recently released 2012 BP Statistical Review of World Energy. Because I am working on the roll-out of a new product which will be geared specifically toward those with a financial interest in the world of energy (more on that in the coming days), I will take a break from my video blogs during this time, and catch up on accumulated questions after I finish this series. World Oil Reserves Facts and Figures The topic of this first article in the series is oil reserves. Just to review, an oil resource refers to the total amount of oil in... Continue»
Home About Contact Advertise Consumer Energy Report Biodiversivist Choke Points Econbrowser Editors' Corner Power Policy R-Squared Energy Column By Robert Rapier on Jun 11, 2012 with 28 responses Future Direction of Oil Prices May See a Major Shift : Tags China Oil Prices peak oil Tweet Steady Climb Since I first started writing about energy in 2005, I have said many times that my view on oil prices is long-term , and that if I projected five years into the future , I foresaw oil prices being higher than they were in the . present The chart below using spot prices from the Energy Information Administration EIA for both Brent and West Texas Intermediate WTI crudes shows that this has held true since 2001. The annual average price of crude source is again EIA rose every year from 2001 25.98
Congress approves Rep. Jared Polis' amendment to pare oil shale development, while Colorado's GOP members unveil their energy initiatives. 
Over the past few months, I’ve found myself invited to a growing number of workshops, meetings, and conferences focused on...
The new secular reality in the U.S. oil market—declining net imports, driven by increasing domestic production and lower demand—has been...
Home About Contact Advertise Consumer Energy Report Biodiversivist Choke Points Econbrowser Editors' Corner Power Policy R-Squared Energy Column By Robert Rapier on Jun 4, 2012 with 60 responses How Taxpayers Could Benefit From High Oil Prices : Tags bernie sanders energy policy fuel economy oil royalties oil subsidies subsidy reform Tweet In last week’s post If We Only Had a Stable Energy Policy I mentioned three specific examples of legislation under consideration that create uncertainties within U.S . energy policy . These uncertainties increase the financial risks for those trying to develop energy projects both for conventional fossil-based projects and for renewable energy . projects One piece of energy legislation that was recently introduced is called the End Polluter Welfare Act