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OK tornados should not be used as political ammunition

May 22nd, 2013
in
It’s truly grotesque and offensive that people are already trying to score political points from the death and destruction caused by the tornados in Oklahoma. Ezra Levant talks about extreme weather and climate change with Tom Harris of the ICSC … Continue reading ?

Peak Oil Review – May 20, 2013

May 20th, 2013
in
"Despite growing oil production, and record inventories, prices were little changed last week, with NY oil hovering around $95 and London around $104. Although demand for oil remains weak across much of the world, a stronger dollar and hopes that the US economy is starting to grow supported prices. The economic news from Europe was almost universally bad, mixed from China and the US, and better from Japan. US crude inventories, which are now at their highest level since 1931, fell slightly last week as refining increased.

This is getting to be a habit with the renewable industry

May 17th, 2013
in
It seems that admitting renewable energy simply can’t compete without massive infusions of taxpayer dollars, or regulatory/legislative mandates is getting to be a habit for renewable advocates. They are clearly making these statements in defense of their attempts to stop … Continue reading ?

Researchers look to calcite as deterrent for black lung

May 14th, 2013
in
Interesting article in the April issue of Coal Age magazine – looks at the possibility of using calcite (CaCO3) to reduce the incidence of coal workers pneumoconiosis (CWP). Recent epidemiological studies have indicated that prevalence of coal workers’ pneumoconiosis (CWP) … Continue reading ?

Peak Oil Review – May 13, 2013

May 13th, 2013
in
"It was largely a quiet week for the energy markets. NY oil hovered around $96 a barrel, London’s Brent around $104, natural gas futures just below $4 per million, and gasoline futures around $2.87 a gallon with little movement in any of the markets. Downward pressure on prices came from a weak yen which slid to a 4-year low against the dollar, increased OPEC production, and continuing growth in US petroleum stocks to the highest level since 1931..."

Looking Back at Peak Oil

May 6th, 2013
in
by Richard Vodra - "Peak Oil – the maximum sustainable rate of global oil production - happened in 2012. That’s one of the main conclusions of a new report, Fossil and Nuclear Fuels – The Supply Outlook, released in March 2013 by the Energy Watch Group (EWG). This event will have profound long-term implications for how advisors should manage clients’ portfolios, and how clients should plan their future expenses..."

Peak Oil Review – May 6, 2013

May 6th, 2013
in
"Newsflash: oil markets were volatile again last week. On the New York Mercantile Exchange, prices started at $92.70, dipped as low as $90 before closing up strongly to settle at $95.61. That was the top closing price in a month, though still off from the year’s high of roughly $100. On the London futures market, Brent crude ended the week at $104, also up modestly for the week..."

Congressional thoughts on the value of coal

May 2nd, 2013
in
Great video from the Count on Coal Facebook page. This video has clips of Congressman Andy Barr, Congressman Steve Daines & others speaking about the value of coal to this country and its workers. Be sure to share this around!

An Interview with Steven Kopits

May 1st, 2013
in
"In aggregate, upstream spend is still rising, but at a decreasing pace. If we look at the issue more broadly though, there are some things happening in the oil business that are beginning to validate views that we, and analysts like Chris Skrebowski, have held regarding economic peak oil. Peak oil does not occur when we run out of oil. Peak oil occurs when the marginal consumer is no longer willing to pay the cost of extracting and processing the marginal barrel of oil. And we can actually calculate what the related numbers are..."

Peak Oil Review – April 29, 2013

April 29th, 2013
in
"Futures prices of both oil and natural gas reversed the trends of the prior week. In fact, both sets of prices ended up where they started mid-month, during a period of increased volatility. Oil prices on the New York Mercantile Exchange started the month at just under $98, dropped in two steps to $87 by mid-month, then recovered sharply last week to close at $93. On the London ICE, Brent crude started the month near $109, fell 10% to below $97 before settling Friday at $103.16. The spread between the NYMEX and Brent, now at $10/barrel, is near its low for the year..."

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