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Three Reasons Trump Doesn't Matter To Energy Policy

Wed, 7 Dec 2016 00:02:00 -0500

The forces driving clean energy are likely to continue progressing regardless of President-elect Donald Trump's efforts to reverse them, a leading expert in energy policy said last week at Stanford University.


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A Promising New Solar Technology With A Troubling Old Toxicity Problem

Wed, 7 Dec 2016 00:01:00 -0500

Perovskite solar cells have stunned researchers with their rapid rise to competitive efficiencies and their promise for ease of manufacture. Unfortunately, they usually contain lead.


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Saudi Arabia's Early Christmas Gift To Oil Markets Won't Last

Tue, 6 Dec 2016 23:54:00 -0500

Since Saudi Arabia pulled of its goal of reaching an OPEC oil production cut agreement, oil prices have spiked to one-and-a-half year highs. Now, a Saudi-led OPEC meets with Russia and other non-OPEC members on Saturday to bring them on board also. Even if Russia comes on-board, problems remain.


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Would-Be Tesla Rival Lucid Motors Inks Battery Supply Pact With Samsung SDI

Tue, 6 Dec 2016 20:40:00 -0500

The agreement comes a week after the startup electric car company announced plans for a $700 million Arizona factory.


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Natural Gas Prices Continue To Rise

Tue, 6 Dec 2016 14:49:00 -0500

Source: The Gold And Oil Guy Just a few quick hitting points for the U.S. natural gas market... Gas Prices Close yesterday, January contract was up $1.01 in 19 trading days.Gas for January delivery settled up 21.8 cents, or 6.3% from Friday, at $3.654 per million Btu. Since November 11, gas has surged [...]


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Growth Remains Elusive For Kinder Morgan

Tue, 6 Dec 2016 13:56:00 -0500

While its Trans Mountain pipeline expansion project received approval from the Canadian government last week, the company still needs to find a joint venture partner to help fund it.


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Russia Closing In On 'Alt-Ukraine' Pipeline In Turkey

Tue, 6 Dec 2016 11:25:00 -0500

The alternative Russian gas route to Europe will bypass Ukraine and deliver Gazprom gas to the E.U. via Turkey. Deal almost done.


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Where the World's Oil Will Come FromWorld Oil Production On The RiseThe United States will rule the roost...Russia is number two.Thanks to Canadian Tar Sands...Brazil Production Even BetterChina Production: One Part Brazil, One Part AmericanRemember "Peak Oil"?OPEC isn't going away...Persian Gulf Share Declines

Tue, 6 Dec 2016 11:25:00 -0500

World oil production is on the rise, going from 87.8 million barrels a day in 2011 to 97.6 million a day in 2020. However, OPEC's share of the world's oil production is not going down.  At least not by much. In 2011 it was 41%. Thanks to North America, OPEC's share will decline by a full percentage point but will rise again within about 15 years, according to the Energy Information Administration.

A scene from the Bakken. Small fields became bigger fields thanks to shale oil discoveries and new technologies designed to pull it all out of the earth.  According to the EIA, the U.S. will produce 14.2 million barrels of oil and oil equivalents per day by 2020. That will represent its peak production, putting the U.S. ahead of Russia, the single largest non-OPEC player in the market.  Production will start to decline thereafter.

Russian oil company Rosneft will still be one of the world's largest publicly traded oil companies.  Russia will go from producing 10.2 million barrels daily in 2011 to 10.7 million in 2020. While U.S. production begins to decline, Russian production will continue to increase to 12.2 million barrels daily in 2040. Even so, the U.S. will still be producing more if EIA's long term projections are correct.

The view from Alberta: smoke plumes emitted from the Syncrude plant north of Fort McMurray.  Thanks to tar sands production, Canada will see steeper production gains than their counterparts in the U.S.  The U.S. will grow on average of 0.9% year over year but Canada will grow by 2.1%. Canada will go from producing 3.7 million barrels daily in 2011 to 5 milion a day in 2020, 5.7 million in 2025, 6.2 million in 2030, 6.6 million in 2035 and then slowing to 6.7 million in 2040.

And if you thought Canada's production increase was impressive, Brazil is right on up there. Annual production increases out of Brazil over the next 30 years is seen averaging 2.7%, if the EIA's crystal ball is working correctly. Brazil produced 2.5 million barrels per day in 2011, but that should be 3.2 million daily by 2020, and rising all the way to 5.6 million per day in 2040.

Chinese production increases are expected to mirror that of the U.S., according to EIA, rising on average of 0.9% over the next three decades.  Chinese companies like PetroChina (pictured here) will be working with daily output of 5.1 million barrels daily by 2020, up from 4.3 million in 2011.  By 2025, that will rise to 5.4 million and then rise by about a hundred thousand barrels a day to beat Brazil at 5.7 million barrels of oil and gas come 2040.

Who said the Middle East is running out of oil? Not EIA.  Middle East oil production is seen steadily rising from the 25.9 million barrels produced daily in 2011 to 27.1 million in 2020, 28.8 million in 2025, 32.2 million in 2030, 35.5 million in 2035 and then 38.8 million a day in 2040. So much for the peak oil theory of the late 1990s early 2000s. Remember those days?

OPEC will remain in control of world oil prices.  According to the EIA, OPEC countries will produce 38.7 million barrels of oil and gas per day in 2020. And that will rise consistently before it hits 52.1 million barrels a day in 2040. 

Like its OPEC producing "friends" to the West, the Persian Gulf will also see their market share drop somewhat as North American shale production increases.  However, the Persian Gulf states like Iran will remain huge players. U.S. oil production is not taking a bite out of them anytime in our lifetimes, at least.  Gulf states will produce 28% of the world's oil by 2020, down from 30% in 2011. That marke[...]


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Trump Advisers' Plan To 'Privatize' Indian Lands: Limited Potential Gain, Heavy Political Pain

Tue, 6 Dec 2016 11:14:00 -0500

A proposal by advisers to President-elect Donald Trump to simplify regulation of oil and gas development on Indian reservations is likely to become controversial in coming months. While well-intentioned, the idea is fraught with political peril, with limited opportunity for real improvements.


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Why OPEC's Announced Cuts Are A Really Big Deal

Tue, 6 Dec 2016 08:30:00 -0500

OPEC's announcement a week ago that it would cut crude oil production has sent the crude oil markets soaring. Still, some are skeptical. Here's what the skeptics are missing.


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If Republicans Oppose Infrastructure Spending, They Could Kill Off Coal Surge

Tue, 6 Dec 2016 08:07:00 -0500

President-elect Trump's infrastructure plan may run head on into Republican opposition to increase federal spending for roads, bridges and airports. If it does, his own party would kill off the demand for steel and coal's best chance of a revival.


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Apple's Critique Of Driverless Car Policy Doesn't Clarify Its Own Plans

Mon, 5 Dec 2016 13:57:00 -0500

The tech giant confirms it is working on technologies for automated vehicles, without indicating when or even if they'll be commercialized


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How Made-In-America Battery Technology Can Help Make America Great Again

Mon, 5 Dec 2016 10:56:00 -0500

The rising demand for electric vehicles, grid power systems and energy efficient manufacturing will catapult American-made batteries into a $450 billion global market over the next 25 years.


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Private Equity Embracing The Return Of The Quick Flip

Mon, 5 Dec 2016 09:52:00 -0500

Blink and you might miss the next private equity exit. Long-term investing has gone the way of land lines and snail mail.



Reasons Why The US Will Dominate The World Economy For The Foreseeable Future

Mon, 5 Dec 2016 09:12:00 -0500

Peter Zeihan is a geopolitical strategist, and an expert in global energy, demography, and security. His clients include the US State Department and the DC think tank community, among others. For a variety of reasons, which we cover, he believes that the US is poised to dominate the century ahead.


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Dakota Pipeline Stoppage Is A Victory For Posers, Not The Environment

Mon, 5 Dec 2016 08:52:00 -0500

The Obama administration’s decision to halt the completion of the pipeline will hearten its many opponents, but will have no significant practical impact.


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Argonne Settles On Two Most Promising Successors To Lithium Ion Battery

Mon, 5 Dec 2016 00:01:00 -0500

After studying more than 22,500 ingredients for batteries, Energy Department researchers have settled on two prototypes they believe can eclipse lithium-ion at much lower cost, the project's director announced.


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How An OPEC Deal With Non-OPEC Nations Could Benefit The Eagle Ford Shale

Sun, 4 Dec 2016 10:02:00 -0500

As OPEC and non-OPEC nations prepare to meet in Moscow on December 10 to discuss oil production limitations, residents of the Eagle Ford Shale region of South Texas are wondering how it all might impact their lives in the coming months.


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Illinois Sees The Light -- Retains Nuclear Power

Sun, 4 Dec 2016 06:00:00 -0500

At the last minute, the Illinois State Legislature passed The Future Energy Jobs Bill (SB 2814) with less than an hour remaining in the legislative session, allowing Exelon’s Clinton and Quad Cities nuclear power plants to remain open, saving 4,200 jobs and over 22 billion kWhs carbon-free power/yr.


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'Unfortunately, We Tend To Cheat,' Ex-Saudi Oil Chief Says Of OPEC

Sun, 4 Dec 2016 04:20:00 -0500

Saudi Arabia's powerful former oil minister, Ali Al-Naimi, whose words were said to move markets, said on Friday that OPEC's recent oil production cut agreement could re-balance markets, but "unfortunately, we tend to cheat." He made his remarks at an event in Washington to promote his new memoir.


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Trump Risks America's Biggest Energy Customer

Sun, 4 Dec 2016 00:01:00 -0500

Donald Trump's promised wall on the U.S.-Mexico border will need some gaping holes for natural-gas pipelines if Trump is also to keep his promises to grow the fossil-fuel industries and export more energy.


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5 Reasons NASA Should Study Earth And They All Start With 'B'

Sat, 3 Dec 2016 09:07:00 -0500

5 reasons it is vital that NASA study the Earth and oddly, they all start with the letter "B."


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Israel's Navy Sub Scandal Widens; Iranian Ties And Deal-Making Questioned

Fri, 2 Dec 2016 23:05:00 -0500

A scandal and probe into deal-making over contracts and the building of Israeli navy submarines by a German conglomerate with partial Iranian ownership is heating up in Israel. The advanced subs are tasked with protecting Israel's massive offshore natural gas fields.


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What Trump And Pence Don't Get About Clean Energy Jobs

Fri, 2 Dec 2016 18:05:00 -0500

President-elect Trump's victory tour began in Indiana this week, where he and running mate Mike Pence announced they had cobbled together enough taxpayer cash to convince Carrier – a gas furnace manufacturer that planned to move 2,000 jobs to Mexico – to keep some of its jobs in the state. But [...]


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How President Trump Could Help Deepwater Oil Prospects

Fri, 2 Dec 2016 10:56:00 -0500

Offshore Gulf of Mexico hydrocarbons can only become more accessible over the mid- and long-term.Source; SmallCap Network The Trump administration promises an "all of the above"energy strategy, based on fossil fuels and achieving "energy independence." So please, with enough ignorance already (40% of Americans cannot even name a fossil fuel!),stop the [...]


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The NHL's Best Teams For The MoneyThe NHL's Best Teams For The Money 20161. Chicago Blackhawks2. Los Angeles Kings3. Anaheim Ducks4. Pittsburgh Penguins5. St. Louis Blues6. New York Rangers7. Boston Bruins8. San Jose Sharks9. Ottawa Senators10. Washington Capitals

Fri, 2 Dec 2016 10:56:00 -0500

It's easy to look at the standings and figure out whichNHL teams have been the best of the bunch. Perhaps less obvious is figuring out which of those teams have been the best at using their payroll spending. In other words, which franchises have gotten the most bang for their buck?


To figure it out, we compared each team's annual payroll and performance (counting playoff wins for double) to the league average across the last five seasons. The teams that have spent the least per win are our picks for the best NHL teams for the money.

Average Player Costs: $67.7 million (No. 3)

Regular Season Wins: 230 (No. 3)

Playoff Wins: 48 (No. 1)

Average Player Costs: $65.0 million (No. 11)

Regular Season Wins: 201 (No. 9)

Playoff Wins: 42 (No. 2)

Average Player Costs: $59.9 million (No. 21)

Regular Season Wins: 215 (No. 5)

Playoff Wins: 24 (No. 7)

Average Player Costs: $67.2 million (No. 4)

Regular Season Wins: 229 (No. 2)

Playoff Wins: 34 (No. 4)

Average Player Costs: $60.8 million (No. 17)

Regular Season Wins: 230 (No. 1)

Playoff Wins: 20 (No. 10)

Average Player Costs: $69.3 million (No. 1)

Regular Season Wins: 221 (No. 4)

Playoff Wins: 40 (No. 3)

Average Player Costs: $66.4 million (No. 5)

Regular Season Wins: 214 (No. 6)

Playoff Wins: 24 (No. 8)

Average Player Costs: $63.7 million (No. 14)

Regular Season Wins: 205 (No. 8)

Playoff Wins: 25 (No. 5)

Average Player Costs: $54.5 million (No. 30)

Regular Season Wins: 184 (No. 19)

Playoff Wins: 10 (No. T16)

Average Player Costs: $65.5 million (No. 8)

Regular Season Wins: 208 (No. 7)

Playoff Wins: 23 (No. 9)


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