The year 2015 marks the end of the old oil era. Last week the U.S. Congress finally repealed the four-decade-old legislation that, until now, prohibited American firms from selling their product, crude oil, to willing buyers overseas. No other oil-producing nation had such a self-inflicted ban.
Big news came out of Paris early in the twelve-day Conference Of the Parties (COP21), the global confab on climate. We are going to see if big money can create new science and thus energy “miracles.”
Bill Gates is right. In a feature interview, mainly about energy, in the November issue of The Atlantic, Bill Gates begins with a pointed challenge that we have to bring “math skills to the problem” when talking about changing global energy use.
MORNING CONSULT How times change. Used to be Congress wrung its hands over oil shortages and American dependence on imports. Now there’s a fight on Capitol Hill over whether to allow American oil companies to export crude – because, as surprisingly few citizens know, it’s against the law for U.S. firms to sell oil into world…
Real Clear Markets Few doubt that a geopolitical Rubicon has been crossed with Russian troops now on the ground, and active, in Syria. There hasn’t been this much Russian activity in the Middle East since before the fall of the Berlin Wall. Putin watchers and Russia experts across the political spectrum…
This is the year that the Millennial population surpasses the number of Boomers in America. It’s Gen Y’s turn to become the demographic tsunami working its way through the ecosystem of society, and to become the primary driving force for future energy demand.
