In 2020, by source, coal collapsed to record low, natural gas dominated, wind and solar surged, while hydro and nuclear remained roughly flat.
Now hoping for “corrective action” and “credit intervention” by the State of Texas.
What ERCOT planners got colossally wrong was the availability of their fossil fleet: Gas and coal plants failed. Even a nuclear reactor tripped offline.
Watching for the EV drag on gasoline demand requires a lot of patience.
Electricity generating capacity additions & retirements in 2021 and the long-term change in the power mix.
Long-term structural issues have long dogged these fuels. Then came the Pandemic.
Transportation fuel demand rose to where it had been in … 1997.
Here’s how I got walked through Denbury’s bankruptcy proceedings.
The American Oil Boom Was Where Money Went to Die.
Designed to profit from sky-high LNG Prices in Japan. Sunk by surging US LNG Exports, multi-year collapse in LNG prices, global LNG glut.