Energy

After Upending the Global Oil Industry & Losing their Shirts, Shale Oil Drillers & Battered Investors Go for Price

by Wolf Richter • Aug 3, 2021 • 54 Comments

Imports from OPEC reduced to irrelevancy.

Fracking Suddenly a True Believer in “Discipline?” US Natural Gas Net Exports Hit Record, Prices Jump as Production Stalls

by Wolf Richter • Aug 2, 2021 • 86 Comments

Subsidized by investors who lost their shirts, cheap natural gas was a huge benefit to the US economy for years.

People Sure Are Driving a Lot, Gasoline Consumption Hits Record, But Flying & Mass Transit Lag Way Behind

by Wolf Richter • Jul 25, 2021 • 154 Comments

The miracles of the new economy.

How Much Are Americans Driving and Flying Now, One Year After the WTF Collapse in Fuel Consumption?

by Wolf Richter • Apr 24, 2021 • 171 Comments

They’re not taking mass transit, that’s for sure.

Momentous Change in US Natural Gas with Global Impact as Exports Soar to Huge Record Despite Collapse in the Spring

by Wolf Richter • Mar 15, 2021 • 86 Comments

Biggest buyers: Mexico, South Korea, Japan, China, Spain, UK. Price spike in February, when Texas froze up, unwound. Asian LNG price spike in January is unwinding.

Electricity Sales to End Users Dropped Below 2008 Level: What it Says about the Pandemic Economy, Households, Commercial & Industrial Activity, and Public Transportation

by Wolf Richter • Mar 8, 2021 • 134 Comments

In 2020, by source, coal collapsed to record low, natural gas dominated, wind and solar surged, while hydro and nuclear remained roughly flat.

It Starts: The Cascading Financial Repercussions of the Texas Electricity Crisis

by Wolf Richter • Feb 22, 2021 • 140 Comments

Now hoping for “corrective action” and “credit intervention” by the State of Texas.

Who’s to Blame for the Texas Power Crisis?

by Leonard Hyman and Willian Tilles • Feb 18, 2021 • 334 Comments

What ERCOT planners got colossally wrong was the availability of their fossil fleet: Gas and coal plants failed. Even a nuclear reactor tripped offline.

Demand for Gasoline, Jet Fuel, and Diesel: Checking on the Recovery

by Wolf Richter • Feb 11, 2021 • 139 Comments

Watching for the EV drag on gasoline demand requires a lot of patience.

Electricity Has Been in a Slump for 14 Years, But All Heck Has Broken Loose in How it’s Generated

by Wolf Richter • Jan 12, 2021 • 237 Comments

Electricity generating capacity additions & retirements in 2021 and the long-term change in the power mix.

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