Tag Archives: energy

According to Nate DiCamillo at Quartz, “September is shaping up to be another good month for consumer sentiment.” AB: I believe there are other aspects which would make the citizenry even feel better then decreasing gasoline prices. The economy is getting there, just not fast enough for many, and people show their doubts. Gasoline pricing dropping is short term. Inevitably, oil and gasoline prices will continue to increase in pricing and faster...

“Silly” Arizona House Representative Republican Justin Wilmeth is making an argument for lower gasoline, etc. prices to Arizona. Justin traveled to California to ask for no cap on fuel prices at a California refinery (Arizona has no refinery). As if he does not have enough to do in AZ? Not sure what makes him think, they will not raise prices anyway and without a cap. Justin’s main beef . . . “If they were to lower production or supply, the...

SWI swissinfo.ch Switzerland exceeded its voluntary gas savings target this winter. Compared to average consumption between 2017 and 2022, the target was to reduce gas consumption by 15%. However, according to provisional government figures, it was 23% less. ______________________________________________ Keystone-SDA The target was 3,997 gigawatt hours (GWh) of gas savings, regardless of the weather, over the winter half-year, i.e. from...

No one wants to pay more for energy at any time. No one wants the means for greater independence from foreign control, big business, wasteful practices which will involve them. The reality being, it is all about us. The thems of the world. ~~~~~~~~ “As taken from Michigan Radio/NPR; “Auchter’s Art: Not in my backyard,” michiganradio.org, John Auchter. On the way to Thanksgiving festivities last week near Flushing, my wife and I drove past...

Under the guise of “protecting” citizens, the Texas legislature, instead of having the gas companies eat their losses from Winter Storm Uri last year, have floated a $3.4 billion bond package to have the taxpayers fund it. The sales pitch is that the gas companies, three large and a smattering of smaller operators get made while whilst the citizens tax dollars fund the bailout over time. As most of you know, Texas doesn’t have income taxes, and...

Recently we have learned that the Russian military is vastly less capable than anyone imagined. Also in three whole weeks Ukrainians have markedly reduced the capabilities of the Russian military. Therefore, naturally many governments (including the German government) have decided they must spend more on their militaries to face the Russian threat. This makes no sense. To deal with Russian Germany needs liquified natural gas terminals and...

US natural gas hits highest price since 2008, closes at 7 1/2 year weekly high; European and Asian prices 5 times higher, Commenter RJS, Focus on Fracking Oil prices rose for a sixth consecutive week as rising global demand amid tight supplies more than offset higher US inventories . . . after rising 3.0% to $73.98 a barrel last week as U.S. crude inventories fell to a 35month low and as global oil supplies tightened, the contract price for US...

After eight extensive posts about the Ontario electricity sector, I am expanding my geographic coverage to look at the electricity sectors in selected OECD countries. My focus will be on the historical and relative performance of each country’s sector with respect to decarbonization and prices. As in the case of Ontario, whole volumes could and have been written about each of these countries, and the electricity sector in general, including with respect to current and future reliability...

There have been a number of important developments in the Ontario electricity sector since my last update when I summarized my arguments in front of the Ontario Legislature against the proposed Provincial Conservative legislation, now enacted, that eliminated the Provincial Liberal rate-based borrowing scheme to subsidize electricity prices and replace it with Government revenues. The tax-payer financed subsidy of $2.8 billion in 2018/19 has now ballooned to $6.5 billion in 2021/22 and...

Commenter R.J.S.: Record drops in US oil output, US oil exports, distillates’ output on Texas freeze as US burns 15% of natural gas inventories in one week . . US oil data from the US Energy Information Administration for the week ending February 19th indicated that because the big drops in our oil exports and our oil refining associated with last week’s freeze off were greater than the big drops in our oil production and oil imports. We had a...