Author Archives: benham

2 + 2 = 4: The Energy Industry is now a battle between Technology and Ideology

“In philosophy, or religion, or ethics, or politics, two and two might make five, but when one was designing a gun or an aeroplane they had to make four.” George Orwell, 1984 Newspeak In George Orwell’s dystopian novel, 1984, the … Continue reading

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OPEC’s Last Chart: The Curse of Thermodynamics

Oil demand has backed itself into a corner; OPEC’s last hope of growth lies in road transport, but history and thermodynamics both point toward rapid EV dominance. Oil’s Road Model

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The Energy Transition is Amongst Us: UK Road Fuel Demand Peaks

  The energy transition is accelerating: as predicted, the use of fossil fuels in UK transport has reached a peak, and is now in permanent decline. The forecast here indicates a decrease of 1 billion litres per year through 2025, … Continue reading

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Gradually, then Suddenly: The Two Ways Oil and Gas Will Go Bankrupt

“How did you go bankrupt?” Two ways. Gradually, then suddenly.” Ernest Hemingway, The Sun Also Rises  The oil and gas industry believes itself immortal – we’re about to see

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Dominance vs Growth: The Battle for 21st Century Energy

The energy transition ahead is unlikely to be a straight-line substitution of one fuel source by another. It’s more likely a vast disruption, globally, as solar and wind smoothly capture power growth, and  incumbents can only downscale via a succession of large … Continue reading

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