ENERGY

Authored by Charles Kennedy via OilPrice.com,

The Trans Mountain pipeline delivered enough crude oil to load 20 tankers from Canada’s Pacific Coast in the first full month of operations of the expanded link, just below the company’s expectations, Reuters reported on Monday, citing data from tanker-tracking providers LSEG, Vortexa, and Kpler.

The expanded Trans Mountain pipeline has tripled the capacity of the original pipeline to 890,000 barrels per day (bpd) from (more…)

Authored by Haley Zaremba via OilPrice.com,

• Lithium is essential for the clean energy transition, but its extraction often involves severe environmental and health consequences.

• AlkaLi, a startup company, aims to revolutionize lithium extraction with a lower environmental footprint and potentially make the US more competitive in lithium processing.

• The demand for lithium is expected to increase dramatically in the coming years, driven by the growth of electric vehicles and (more…)

Authored by Robert Bryce via Substack,

Global energy use in 2023 hit a new record, 620 EJ, of which about 81.5% came from hydrocarbons. Image: Energy Institute.

During his 16-year career in the NBA, Rasheed Wallace was among basketball’s most intimidating power forwards. He was also among the most volatile. Wallace holds the single-season record for technical fouls (41) and ranks third all-time in total technicals with 317.

In addition to his disdain for referees, the 6’11” Wallace, gained fame for a particular catchphrase. If “Sheed” or one of his teammates was called for a foul that he thought was undeserved, and the opposing player missed the ensuing free throw, he would often holler, “Ball don’t lie,” to indicate that the basketball knew the referee had made a bad call. 

The ball don’t lie. Neither do the numbers in the latest Statistical Review of World Energy.

Amid the ongoing blizzard of propaganda about the “energy transition” and the tired antics of the goobers from Just Stop Oil — a pair of whom vandalized Stonehenge with orange paint last Wednesday — the Statistical Review, published by the Energy Institute, KPMG, and Kearney, provides a much-needed reality check to the narrative being promoted by major media outlets, academics, and the NGO-corporate-industrial-climate complex.

Rasheed Wallace on the verge of getting another technical foul in 2008. Photo: Wikipedia.

The new Statistical Review, released last Thursday, shows, yet again, that despite the hype, subsidies, and mandates, wind and solar energy aren’t keeping pace with the growth in hydrocarbons. Global hydrocarbon use and CO2 emissions hit record highs in 2023, with hydrocarbon consumption up 1.5% to 504 exajoules (EJ). That increase was “driven by (more…)