Tag Archives: OPEC

US Gasoline Demand – A Prime Driver Reverses

US Gasoline Demand has slumped so far in 2017 – that could start to matter a lot, as it drives global oil demand Oil demand growth remains heavily dependent on transportation fuel growth. About 60% of the oil barrel is made … Continue reading

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The First Law of Thermodynamics – Energy Is Becoming a Buyer’s Market

Energy cannot be created or destroyed, but can be altered from one state to another (1). Oil Supply Dwarfs Demand – Official “There is an abundance of oil: known resources today dwarf the world’s likely consumption of oil out to 2050 and … Continue reading

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The End of the ICE Age: The Internal Combustion Engine Could Soon Become A Stranded Asset

A number of forces, technical and economic, are conspiring to unseat the internal combustion engine (ICE) as the prime mover for transportation. The future powering of China and India looks more electric, efficient and urban, stranding ICE vehicles and oil … Continue reading

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The Flat-Packing of Energy

The Emergence of a Less Fragile, More Flexible and Scalable Energy System Three reasons why the energy world is undergoing rapid change: manufacturing-based economics, energy security and scalability. ___________________________ “Fragility occurs when big is forced into doing what was best … Continue reading

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How do you keep Oil above $50/bbl forever?

In a world of flattening and changing energy demand, with more dense and varied supply, Saudi Arabia’s latest, lone effort to manage global oil prices looks forlorn ———— Everyone seems to like an oil price around about $50-60/bbl these days. Saudi … Continue reading

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