Despite the global economic recession, preliminary data suggest oil demand remains rather resilient. According to the latest reported information from the Energy Information Administration (EIA), Global Petroleum Consumption is down one percent y/y in 2008 while China and India show increases of 4% and 5%, respectively. However, current data through September [...]
Entries Tagged as 'Hydrocarbon Fuels'
Global Oil: Economic Recovery should Drive Demand and Price
January 16th, 2010 · 1 Comment
Tags: Alternative Energy · Energy Costs · Energy Economics · Energy Expenditures · Energy Security · Historic Energy · Hydrocarbon Fuels · Oil Energy · Peak Oil
Formulating an Effective Energy Efficiency Strategy with Measurement and Verification Copyright © 2009 Green Econometrics, LLC
June 27th, 2009 · 1 Comment
The development of an energy efficiency strategy incorporates analysis of energy expenditures and energy consumption. The energy strategy must incorporate dynamics between costs, budgets and the consumption of energy including the monitoring of kilowatt-hours (KWH) of electricity and liquid hydrocarbon fuels consumed. By analyzing both the financial and the energy consumption components we [...]
Tags: Alternative Energy · Automobile Fuel Efficiency · CO2 Emissions · Carbon Economics · Carbon Emissions · Carbon and Climate · Coal Energy · Energy Costs · Energy Economics · Energy Expenditures · Fuel Costs · Fuel Efficiency · Hydrocarbon Fuels · Oil Energy
Oil Consumption Impacted More by Price than Deteriorating Economic Conditions
May 13th, 2009 · 4 Comments
The fall in oil consumption was most dramatic following the escalating price of crude oil to $145.16 per barrel on July 14, 2008 then at any other point over the last several years. Price elasticity, a key concept in Economics 101, which measures the impact of price change to changes in unit [...]
Tags: Alternative Energy · CO2 Emissions · Carbon Economics · Carbon and Climate · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Fuel Costs · Historic Energy · Hydrocarbon Fuels · Oil Energy · Oil Independence · Peak Oil · Solar Energy · Transportation Energy Economics
Solar Energy – Closer to Grid Parity?
March 31st, 2009 · 3 Comments
Last month First Solar (FSLR) achieved a milestone in the solar industry with its announcement of $1 per Watt reducing its production cost for solar modules to 98 cents per watt, thereby braking the $1 per watt price barrier.. While the achievement is great news for the solar industry some studies suggest [...]
Tags: Alternative Energy · Carbon Economics · Carbon Footprint · Coal Energy · Energy Costs · Energy Economics · Hydrocarbon Fuels · Oil Energy · Solar Efficiency · Solar Energy · Solar Energy Economics · Solar Stocks · Wind Energy
Dramatic Drop in Oil Consumption – What’s the Implication?
February 13th, 2009 · No Comments
America’s appetite for oil declined sharply as the economy weakened over 2008. According to the latest reported information from the Energy Information Administration (EIA), Monthly Oil Consumption oil consumption declined 13% y/y from September 2007 through September 2008.
Historically, the US has seen this type of demand erosion before. From [...]
Tags: Alternative Energy · Carbon Economics · Energy Costs · Energy Economics · Energy Expenditures · Hydrocarbon Fuels · Oil Energy · Oil Independence
A Historical Perspective on Energy Prices and Economic Challenges
December 17th, 2008 · 4 Comments
To understand current energy prices it may serve us to examine historical energy prices. Our theme is energy economics and specifically that energy prices follow the laws of supply and demand to set pricing.
There are some interesting perspectives on historical energy prices from several books including Security Analysis, 1940 edition by Benjamin Graham and [...]
Tags: Alternative Energy · Coal Energy · Energy Costs · Energy Expenditures · Energy Independence · Energy Security · Fuel Costs · Historic Energy · Home Energy Economics · Hydrocarbon Fuels · Oil Energy · Oil Independence · Peak Oil · Transportation Energy Economics · Wood Energy
Don’t let the fall in Oil Prices Lead to Energy Complacency
November 21st, 2008 · 1 Comment
The precipitous drop in oil prices may not hold for long. Speculators and fears of oil flow disruptions drove oil prices to an all time high of $145.16 on July 14, 2008 and is now down to $49.50 in November 20, 2008. Now the fear has shifted to the economy where deteriorating [...]
Tags: Alternative Energy · Automobile Fuel Efficiency · Energy Costs · Energy Economics · Fuel Costs · Fuel Efficiency · Historic Energy · Home Energy Economics · Hydrocarbon Fuels · Oil Energy · Transportation Energy Economics
Vote the Economy by Voting for Energy
October 21st, 2008 · 1 Comment
Access to energy was instrumental fueling the Industrial Revolution. Over the last 200 years, industrial nations have migrated from wood to coal and now to oil as a source of energy. During the 1700’s, wood was used for just about everything from fuel to constructing houses and building wagons and even tools. [...]
Tags: Alternative Energy · CO2 Emissions · Carbon Economics · Carbon Emissions · Carbon Footprint · Carbon and Climate · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Fuel Costs · Global Warming · Historic Energy · Home Energy Economics · Hydrocarbon Fuels · Hydrogen Economics · Oil Energy · Oil Independence · Solar Energy · Solar Energy Economics · Transportation Energy Economics
”DRILL BABY DRILL” – NO INVEST INTO ENERGY TECHNOLOGY
September 13th, 2008 · 6 Comments
Using the latest data from the Energy Information Administration (EIA) , oil production remains significantly below historical levels achieved in ‘70’s and ‘80’s. The peak production in 1970 has not been replicated despite significant expansion of drilling activity during the 1980’s.
Oil Drilling and Production
Figure 1 Oil Drilling and Production
Figure 1 [...]
Tags: Alternative Energy · Energy Costs · Energy Economics · Energy Independence · Energy Security · Historic Energy · Hydrocarbon Fuels · Oil Energy · Peak Oil · Solar Energy · Solar Energy Economics · Tar Sands · Wind Energy
Energy Crisis - What Can We Do
June 14th, 2008 · No Comments
As energy and food prices set new world records, what can we do at home to avert the crisis? Food prices are rising because corn is diverted from food production to producing ethanol for use as fuel in motor vehicles and is exacerbated by the recent flooding in the Mid West. Oil [...]
Tags: Alternative Energy · CO2 Emissions · Carbon Emissions · Carbon Footprint · Carbon and Climate · Corn Ethanol · Energy Costs · Energy Economics · Energy Independence · Energy Security · Ethanol Energy · Fuel Costs · Global Warming · Home Energy Economics · Home Heating Costs · Hydrocarbon Fuels · Oil Energy · Peak Oil · Solar Efficiency · Solar Energy · Solar Energy Economics · Wind Energy
Peak Oil – Time for Investments into Alternative Energy
May 6th, 2008 · 1 Comment
The question of Peak Oil, first proposed by Dr. M. King Hubbert can best be illustrated by analyzing the supply and demand for oil. With use of statistics complied by Energy Information Administration (EIA) , the tenuous position our energy needs becomes more apparent. Let’s examine the latest data from [...]
Tags: Alternative Energy · Carbon and Climate · Energy Costs · Energy Independence · Energy Security · Global Warming · Historic Energy · Hydrocarbon Fuels · Oil Energy · Peak Oil
Oil Tax could Facilitate Alternative Energy Development
March 2nd, 2008 · 2 Comments
Oil continues to trade above $100 per barrel with the NYMEX CRUDE FUTURE closing at $101.84 on the last day of February 2008 and the US House of Representative passes legislation to raise $18 billion in new taxes for Big Oil to foster development of alternative energies. While President [...]
Tags: Alternative Energy · CO2 Emissions · Carbon Economics · Carbon Emissions · Carbon Footprint · Carbon and Climate · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Hydrocarbon Fuels · Oil Energy · Peak Oil · Transportation Energy Economics
Hydrogen Fuel Cells – energy conversion and storage
February 9th, 2008 · No Comments
World oil demand continues to rise despite efforts to limit demand. Renewable energies such as solar and wind have the potential to limit our dependence on hydrocarbon fuels, but one issue remains prominent - storing energy. While the sun provides radiation for solar and generates wind, when its cloudy or dark we are [...]
Tags: Alternative Energy · CO2 Emissions · Carbon Emissions · Carbon Footprint · Energy Costs · Energy Economics · Energy Independence · Energy Security · Fuel Cells · Fuel Efficiency · Hydrocarbon Fuels · Hydrogen Economics · Hydrogen Energy · Oil Energy · Solar Energy · Solar Energy Economics · Wind Energy
The Economics of Energy – why wind, hydrogen fuel cells, and solar are an imperative
January 30th, 2008 · No Comments
From the Industrial Revolution we learned that economic growth is inextricably linked to energy and as a result, our future is dependent upon equitable access to energy. When the Stourbridge Lion made entry as the first American steam locomotive in 1829 it was used to transport Anthracite coal mined in nearby Carbondale, PA to [...]
Tags: Alternative Energy · Automobile Fuel Efficiency · CO2 Emissions · Carbon Economics · Carbon Emissions · Carbon Footprint · Carbon and Climate · Coal Energy · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Fuel Cells · Fuel Costs · Fuel Efficiency · Global Warming · Historic Energy · Hydrocarbon Fuels · Hydrogen Energy · Oil Energy · Solar Energy · Wind Energy · Wood Energy
Ethanol offers short-term solutions, but corn-based ethanol is not the answer
January 6th, 2008 · 1 Comment
Ethanol may emit less CO2 and help reduce the demand for foreign oil in the short term, but ethanol and in particular, corn-based ethanol raises food prices, is less efficient than gasoline, diesel, and biodiesel, and is not a substitute for oil.
According to research compiled by National Geographic Magazine , the energy balance of [...]
Tags: Alternative Energy · Automobile Fuel Efficiency · CO2 Emissions · Carbon Economics · Carbon Emissions · Carbon Footprint · Corn Ethanol · Energy Costs · Energy Density · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Ethanol Energy · Fuel Cells · Fuel Costs · Fuel Efficiency · Hydrocarbon Fuels · Hydrogen Energy · Oil Energy · Solar Energy · Solar Energy Economics · Specific Energy · Switchgrass Ethanol · Transportation Energy Economics · Wind Energy
Energy Shocks: Vulnerability Update
November 2nd, 2007 · No Comments
Rising oil prices have driven exploration and drilling activity, yet oil production remains anemic in comparison. Could the latest data suggest oil production is nearing a peak? With global demand expected to rise over 30% by 2030 according to a recent article in the Wall Street Journal, Handicapping the Environmental Gold Rush [...]
Tags: Alternative Energy · Energy Costs · Energy Economics · Energy Security · Fuel Costs · Historic Energy · Home Energy Economics · Hydrocarbon Fuels · Hydrogen Energy · Oil Energy · Solar Energy · Transportation Energy Economics · Wind Energy
Solar and Hydrogen Energy - where vehicle fuel efficiency is headed
October 17th, 2007 · 2 Comments
Despite efforts that have enabled the U.S. to limit its demand for oil, world oil demand is up significantly. Advances in technology such as solar energy and vehicle fuel cell could help the world reduce its dependence on oil.
Figure 1 Oil and Gold Prices
The U.S. Department of Energy (DOE) and the [...]
Tags: Alternative Energy · Automobile Fuel Efficiency · Biodiesel Energy · CO2 Emissions · Carbon Emissions · Carbon Footprint · Energy Costs · Energy Economics · Energy Independence · Energy Security · Fuel Cells · Fuel Costs · Fuel Efficiency · Historic Energy · Hydrocarbon Fuels · Hydrogen Economics · Hydrogen Energy · Oil Energy · Solar Energy · Transportation Energy Economics
