US Petroleum Usage Is Down
The US is using less petroleum. Increasingly efficient vehicles, and shifting attitudes and actions are diminishing the total petroleum required Continue reading
The US is using less petroleum. Increasingly efficient vehicles, and shifting attitudes and actions are diminishing the total petroleum required Continue reading
A quiet revolution is occurring. People are simply deciding to live more simply. No need for protests, marches, referendums, or Continue reading
Big oil made big assumptions when it began the massive fracking campaign. Fracking and OPEC policies increased production. The competition Continue reading
The oil surplus is so large, and demand is not growing as it did, that the price of oil has Continue reading
Roughly, it took 50 years for coal to replace wood as a major energy source. It then took about 50 Continue reading
Fracking was never supposed to be a permanent solution, but oversupply and a drop in demand dropped the price of Continue reading
Big Oil (and is there little oil) has a business model built on assumptions. That’s true of every business model. Continue reading
Oil prices continually change. Accountants need numbers that don’t vary, at least long enough to see if everything adds up Continue reading