ENERGY

Authored by Gail Tverberg via OurFiniteWorld.com,

Recently, I explained the key role played by diesel and jet fuel. In this post, I try to explain the energy bottleneck the world is facing because of an inadequate supply of these types of fuels, and the effects such a bottleneck may have. The world’s self-organizing economy tends to squeeze out what may be considered non-essential parts when bottlenecks are hit. Strangely, it appears to me that some central governments may be squeezed (more…)

Authored by Philip Rosetti & Robert G. Eccles via RealClear Wire,

Few people today would deny the negative impacts that pollution and climate change can have on human health and well-being. The challenge lies in tackling this given that there are almost always tradeoffs that must  be addressed, yet people can fail to acknowledge them when they have a singular focus on a particular outcome that favors a particular industry.

Consider this hypothetical example: Which (more…)

Authored by Irina Slav via OilPrice.com,

OPEC’s crude oil production last month remained relatively unchanged from September as modest gains among African member states were offset by lower output elsewhere, a survey conducted by Bloomberg has shown.

Per the survey, OPEC produced 28.08 million barrels of crude daily in October, some 50,000 bpd more than in September.

Nigeria boosted its production the most, with Angola, Gabon, Equatorial Guinea, and Congo also (more…)