Energy Tomorrow Blog

The Peak Oil Dilemma

deepwater drilling moratorium  deepwater moratorium  department of defense  department of defense  domestic energy  energy  energy demand  energy policy  energy taxes  moratorium  oil and natural gas  oil demand  oil prices  oil supplies  peak oil  shallow-water drilling  oil supply 

Jane Van Ryan
Posted October 8, 2010

Few issues are as complicated and perplexing as Peak Oil. The study of this concept crosses into several disciplines--geology, sociology, engineering, and physics to name a few--and each is able to address only a part of the global dilemma that could be caused by rapidly dwindling oil supplies. 

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U.S. Refineries Set Gasoline Production Record

api monthly statistics report  crude oil  crude oil production  gasoline prices  gasoline production  prices  refineries  baker hughes  baker hughes rig count  gasoline supply 

Jane Van Ryan
Posted April 16, 2010

U.S. refineries produced more gasoline in March --9.3 million barrels a day--than in any month since API began keeping records. Furthermore, March gasoline deliveries (a key measure of gasoline demand) were higher than in any previous March.

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Shale Gas is a "Big Deal"

climate legislation  conoco phillips  domestic energy  energy policy  natural gas  natural gas from shale  natural gas supply 

Jane Van Ryan
Posted April 9, 2010

A "big deal." That's how Energy Secretary Steven Chu described shale gas at a conference this week, adding that "gas will be the transition fuel as we go to renewables." (NGI's Daily Gas Price Index) 

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Gasoline Prices Track Crude Oil Costs

crude oil prices  domestic energy  energy information administration  gasoline prices  oil demand  oil supply  prices 

Jane Van Ryan
Posted March 11, 2010

The average U.S. retail price for regular gasoline rose by 4.9 cents to $2.751 per gallon for the week ending March 8, according to the Energy Information Administration (EIA). This average price is higher than one year ago when the average pump price was 81 cents lower and crude oil costs were 88.9 cents a gallon lower.

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Peak Oil Demand

bp  department of energy  domestic energy  oil demand  oil supply  fuel consumption  global oil 

Jane Van Ryan
Posted February 5, 2010

News flash: Global oil demand is expected to peak between 95 and 110 million barrels a day, according to BP's CEO Tony Hayward. As reported by Reuters yesterday, Hayward expects oil demand will begin to decline probably after 2020. Today the world consumes about 85 million barrels of oil a day.

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December Petroleum Up Slightly

demand  energy reality  supply 

Jane Van Ryan
Posted January 15, 2010

API announced this morning that total petroleum deliveries (a measure of oil demand) climbed by 0.6 percent in December over the same period in 2008. The slight increase could be attributed to an improving economy as well as higher demand caused by the abnormally cold weather.

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"Remarkable" Natural Gas

domestic energy  energy policy  haynesville shale  horizontal drilling  hydraulic fracturing  natural gas  supply  technology innovation 

Jane Van Ryan
Posted November 2, 2009

"Remarkable" was the word used by Energy Information Administrator Richard Newell last week to describe the sharp rise in U.S. natural gas reserves. In a report issued by his agency last week, Newell noted that U.S. proven natural gas reserves rose 3 percent in 2008.

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Did You Know? Econ 101

demand  energy  energy costs  energy iq  gasoline prices  supply 

Jane Van Ryan
Posted August 31, 2009

Did you know that the laws of supply and demand have a huge impact on energy costs? 

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New Rule Penalizes Petroleum

crude oil  demand  energy  energy reality  prices  supply  ftc 

Jane Van Ryan
Posted August 6, 2009

Today, the Federal Trade Commission (FTC) announced a new petroleum market "price manipulation" rule that could lead to a less competitive market--hurting American consumers of gasoline, diesel and other petroleum products. Furthermore, it could discourage companies from providing information to the marketplace. 

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Energy Tomorrow Radio: Episode 87 - Hurricane Preparedness

energy  gulf of mexico  hurricane preparedness  hurricanes  katrina  oil pipelines  fuel supply  gustav  hurricane season 

Jane Van Ryan
Posted August 4, 2009

In this week's episode, I talk with Al Mannato, fuels issues manager at API, about how the oil and natural gas industry plans to continue supplying fuels to the United States in the aftermath of hurricanes. 

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