Oil

ChatGPT generated panoramic image of buses labeled "H2" and "Hydrogen" sinking in a bog with dollar signs pushing them under and bubbles labeled "CO2e" escaping

Canada’s Hydrogen Bus Trials Canceled Due To High Costs & Emissions

For several months I’ve been digging through what’s going on with a Canadian transit ‘think’ tank, CUTRIC, and why it’s pushing hydrogen buses into city plans across the country. It keeps claiming hydrogen buses have been a success and are cheap, but cities keep canceling their plans for them as … [continued]

ChatGPT generated panoramic image of an LNG terminal being loaded at a Texas LNG terminal with dollar signs burning above it

LNG Bubble Is Going To Deflate Rapidly With Harsh US Impacts

LNG exports are a big US success story in recent years. The first large export terminal was commissioned in 2018, and only seven years later, the country is the largest LNG exporter in the world, providing about 20% of the global supply. The industry has had a lot of favorable … [continued]

U.S. EIA Forecasts Lower Oil Price in 2025 Amid Significant Market Uncertainties

We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks and … [continued]

"SoFi Stadium (51126606022)" by Thank You (21 Millions+) views is licensed under CC BY 2.0.

Do The LA Rams Play For Their Fans? Or For Their Big Oil Sponsors?

The LA Rams lost 28-22 to the Philadelphia Eagles in the divisional round of NFL playoffs yesterday. A slushy field made the game fun. So too did the Rams’ attempt to score by plowing down the field in the last two minutes. It was an unrealized but thrilling threat to … [continued]

ChatGPT generated panoramic image of a bunch of shipping containers containing grid batteries sitting on concrete pads under a shining blue sky

California’s Battery Storage Fire: Precursor Or Outlier?

A fire broke out at the Moss Landing Power Plant, not too far from San Francisco, on January 16, 2025, prompting the evacuation of approximately 1,500 residents and the temporary closure of Highway 1. No one was harmed in the incident. Given the massive growth in grid storage battery systems, … [continued]

ChatGPT generated panoramic image of a transit think tank being manipulated by an oil-soaked puppet master

Why Is Paramount Plus Promoting Big Oil With Its Landman Series?

“Landman” is a television series broadcast on Paramount Plus, the digital subscription video on-demand and live streaming service. I’ve watched most of the other Taylor Sheridan series, somehow hoping that a romanticized Old West culture can be combined with positive representations of females. What I didn’t expect from him was a … [continued]