Oil
Future Oil Prices
The Energy Information Agency at DOE has some really interesting projections of future oil use and prices. According to the EIA, in their baseline scenario, “the price of light sweet crude oil in the United States (in real 2007 dollars) rises from $61 per barrel in 2009 to $110 per barrel in 2015 and $130 …
Continue reading “Future Oil Prices”
CONTINUE READINGOur Carbon-Based Trade Deficit
A lot of people are worried about the trade deficit. As it turns out, more than half of the deficit is due to petroleum imports, as Matthew Yglesias points out. This graph tells the story:
CONTINUE READINGEnvironmental Hypocrisy
Recently, CBS’s 60 Minutes ran a story on the current environmental damages litigation 30,000 Ecuadorians are bringing in that country’s courts against Chevron. The case arises out the toxic oil wastes a Chevron subsidiary left behind in the Ecuadorian rain forest following decades of oil production deep in the headwaters of the Amazon. The plaintiffs, …
Continue reading “Environmental Hypocrisy”
CONTINUE READINGGot oil?
According to research compiled by the staff at The Oil Drum, we may have hit peak oil production in 2008. Many experts predicted that peak oil would happen sometime around now, although perhaps not for another decade or so. If this research is correct, then we should expect a corresponding decrease in the supply of …
CONTINUE READINGJoin Our Mailing List
Climate policy is changing rapidly. Stay in the loop with expert analysis via email Monday - Friday.
