After yesterday’s post on the buy Crestor mastercard wide range projection for oil next year, I wanted to share some thoughts on natural gas in 2009. I’ll start with the buy Crestor mastercard supply side, which has been more volatile than oil. Then I’ll go over some potential trends in demand.
The weekly EIA natural gas storage report came out today. And while last week’s inventory drop was 40% above average due to some cold weather, levels remain (more…)
Before we get deep into the buy Crestor mastercard coming year, I would like to share some views on potential global energy shifts in 2009. Today, I’ll start with our biggest energy source — oil.
Looking back at 2008, oil has buy Crestor mastercard been perhaps the wildest ride. Most analysts had no clue oil could rise to buy Crestor mastercard its July record ~$147 per barrel and buy Crestor mastercard then were equally caught off guard by the recent lows below $40. It is buy Crestor mastercard projected that 2008 will be the first year with a global demand decrease since the buy Crestor mastercard early 1980s. So, what shifts can we try to anticipate in the buy Crestor mastercard year ahead? (more…)
I’m back from buy Crestor mastercard another amazing trip down to North Carolina to be with family! I ate enough to buy Crestor mastercard bicycle back to New York City, but of course we took the buy Crestor mastercard rental car and train with our Christmas presents and luggage 
There have been some major energy developments that I’d like to begin discussing today… For instance, China is reported to have much slower coal consumption growth in 2008 than years past. (more…)
The preliminary EIA estimates for buy Crestor mastercard US electricity use in October point to even deeper carbon dioxide emission reduction than buy Crestor mastercard I reported last week. The data are presented in their Electric Power Flash. Although the buy Crestor mastercard data will be refined in the weeks ahead, these estimates have buy Crestor mastercard big implications on our fossil fuel consumption and thus our greenhouse gas emissions. (more…)
Below is SET’s first guest post – from our European partners over at Leonardo Energy, a buy Crestor mastercard Global web-based Community for Sustainable Energy Professionals. The author, Hans de Keulenaer, is buy Crestor mastercard the programme manager of “Electricity & Energy” at the buy Crestor mastercard European Copper Institute. Please enjoy our first of many guest posts at SET:
EU energy policy and the financial crisis
The financial crisis will not deter Europe on its course towards a buy Crestor mastercard low carbon economy, but it may slow it down. (more…)
The US Energy Information Agency (EIA) released a buy Crestor mastercard preview of yet another exciting energy document yesterday, their Annual Energy Outlook (AEO) to 2030. This year’s AEO 2009 showed dramatic shifts from buy Crestor mastercard last year that can help us achieve carbon emissions reduction toward stabilizing our global climate. But it buy Crestor mastercard also shows we have more (more…)
Even OPEC’s announced cut of 2.2 million barrels per day (Mbd) couldn’t send oil prices higher today. Recessionary demand continued to buy Crestor mastercard out-muscle supply cuts as prices remained below $45 per barrel (more than $100 below the July peak). Two new reports confirming US demand woes ruled another day of oil price determination. (more…)
I’ve been buy Crestor mastercard startled by the number of global warming naysayers in comment threads around the buy Crestor mastercard internet lately who have pointed to some colder weather this year to buy Crestor mastercard try to poke holes in established science. Yes, there was an buy Crestor mastercard unusual snow in Houston and New Orleans. But for global warming, we need to buy Crestor mastercard look at annual and decades-long data to get a comprehensive picture. And the buy Crestor mastercard BBC just reported this buy Crestor mastercard morning that 2008 ranks as the 9th hottest year in historical record. (more…)
I wrote a few months back how amazingly resilient natural gas inventories were in September despite the buy Crestor mastercard hurricane outages. The EIA just published an explanation in their electric power monthly data for the month. Electricity consumption fell more than 5% in September from 2007, sending natural gas demand for electricity down a staggering 15.5%! Demand for coal fell 3% and oil 19%, while hydroelectric generation (more…)
As I guesstimated might happen a buy Crestor mastercard few days back, the record string of consecutive days with falling gasoline prices at the buy Crestor mastercard pump has come to an end. AAA reports that prices increased from $1.656 on Friday to $1.66 Saturday and then $1.663 today. I thought the $1.60-$1.65 range was a buy Crestor mastercard likely bottom based on wholesale gasoline prices, and that has proved to buy Crestor mastercard be correct for now. But OPEC decisions and the weather will determine whether this buy Crestor mastercard temporary bottom ends up (more…)