Real Clear Energy Charticles

Energy Charts Interpretated and Analyzed by RCEnergy

U.S. Has Russia and Saudi Arabia In Its Sights

U.S. oil production is rocketing upward so that we are now approaching Russia and Saudi Arabia as the world's largest oil producers. The progress has been spectacular over the past five years.  The beige line that fluctuates near the top represents Saudi Arabia.  The darker beige line that rose precipitously through the early part of the last decade is Russia.  The black line...

Solar's Contribution to Renewables Still Negligible

Established hydroelectric dams still dominate the picture in US renewables but wind has made rapid strides in recent years. The contribution of all others except wood is virtually negligible. The graph shows nine different renewable resources and the contribution they are making. Hydro has fluctuated somewhat with seasonal variations in rainfall but has remained constant over the last decade at...

U.S. Liquid Production Has Exactly Matched Losses in World Output

The growth in U.S liquid fuel supplies over the last three years has almost exactly compensated for the the loss of world production because of political unrest, so that the price of Brent crude has remained remarkably stable throughout. The maroon line represents unplanned outages in the oil-producing nations since January 2011. THere was a big upsurge during the Arab Spring and things have...

Despite Level Temperatures, Global Warming Continues Unabated

Just because the global mean temperature has not risen significantly over the last decade does not mean that the earth is not warming, says James Conca in Forbes. There are other heat sinks that are absorbing the increased temperatures for now. Whether these will start to have their own impact or whether they will suddenly transfer their own excess heat to other temperature reserves remains to be...

Imports Jump as New England Power Crisis Looms

Energy imports took a big jump last year and will comb even higher next winter as New England continues to close down power plants without doing anything to replace them.   Imports from Canada and New York jumped last year to nearly 20 terrawatt-hours, 1/7th of the region's consumption.    Even so, this barely compensated for the loss of coals and oil plants.  Now the...

Despite Turmoil, Price of Oil Remains Remarkably Stable

Libya has imploded, conflict has broken out all over the Middle East, yet the price of Brent crude has remained remarkably stable, varying only within a $5 range over the last year, according to a report from the Energy Information Administration. July marked the 13th month in a row that prices had remained within a range of $107-$112 per barrel. "This price stability has been remarkable...

Unplanned Outages at OPEC on the Rise

All the turmoil in the world is beginning to have an impact on OPEC to maintain production levels.   The graph shows unplanned outages over the last three years in six OPEC countries plus the other six members grouped as "other.". Libya has been the worst offender with it's 1.5 million barrels per day out of commission for most of 2011 and again over the last 12 months since July 2013....

The Biggest Shale Play You Never Heard Of

What's the biggest shale oil play in the country? Is it the mighty Bakken that has leapfrogged North Dakota to the second-largest producing state in the nation? Is it the Eagle Ford, which has helped Texas produce more oil than Iraq? No, it's a Texas formation that you probably never heard of - the Spraberry-Wolfcamp Formation - that is just beginning to be explored. Estimated at between 50...

States That Develop Their Energy Are Prospering

Countries that produce a lot of energy resources are often accused of falling into the "natural resource trap." They depend on one source of income alone, all the profits accumulate among elites at the top, and the mass of the population ends up no better off than it started. That does not seem to be happening in the United States. Those states that are developing their energy resources are...

States Most Dependent on Energy Production

Drilling for oil and gas and digging coal and other minerals out of the ground - generally categorized by the government as "mining" - constitute only 2 percent of the U.S. economy.    But in some states it makes up a much larger portion.  Wyoming is the leader, with it's vast Powder River Basin coal fields making up one-third of the states' economy.  Alaska is second...

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