Real Clear Energy Charticles

Energy Charts Interpretated and Analyzed by RCEnergy

The Magic Number Is More Like $53

Yeah, yeah, yeah....So you saw that $50 BBL closing price and you got all euphoric. You're forgiven, so did everybody else. After two years of in-the-basement oil prices, you have to take your celebrations where you can find them. And fifty dollars is a price worth taking a little breather celebration over because it's high enough to lure some American drillers out of hiding but not high enough...

Solar Surges, Fossils Wilt

Look at that blue line zoom upward! What's happened, according to Bloomberg, is that the "number of U.S. jobs in solar energy overtook those in oil and natural gas extraction for the first time last year, helping drive a global surge in employment in the clean-energy business as fossil-fuel companies faltered." "Employment in the U.S. solar business grew 12 times faster than overall job...

As the Solar Market Churns

Years ago home solar's big drawback was the cost of putting one of those systems on your roof. Sweet senior citizen couples would come home from a Solar Energy Festival their eyes glowing at the thought of making their own electricity and lots of money selling their excess back to the grid -- only to discover a few days later that....er...it would cost about $30,000 up-front to get started on...

An Impotent OPEC

What happens when a cartel can't act like a cartel? It looks a bit like the OPEC of today -- or the US Senate. It's fragmented, irresolute, made up of members with very different goals. The Wall Street Journal looks at the various factors driving OPEC's drift. http://www.wsj.com/articles/opecs-ability-to-influence-oil-supply-is-slipping-1464089971

Let's Hit the Gas

"Burdened by sunken prices, global oversupply, more regulations, and more relentless attack, the U.S. oil and gas industry could use a cheer up," points out Jude Clemente of Forbes. No kidding. Frankly, it's surprising more execs aren't jumping from building ledges given the typical crop of gloom-and-doom energy headlines on any given morning. Pollution here, declining rig counts there,...

Pipeline Power, Part II

"Broken ground." In this era of endless regulatory challenges and delays, what a beautiful phrase that is. Something (it almost doesn't matter what it is) is being built, as symbolized by the satisfying crunching sound a shovel makes when it sinks into the earth. In this case, to make the moment even more glorious, the thing being built, the subject of this Charticle, is one of mankind's great...

But What About Kuwait?

All this time you've been fretting about Saudi Arabia, you probably forgot (we'll give you the benefit of the doubt) that Kuwait is the "Middle East’s second-richest nation" with a "gross domestic product, adjusted for exchange rates, [of] more than $70,000 per head in 2015 -- making it the world’s sixth-richest nation...second only to Qatar in the Arab world, according to IMF...

When Only the Efficient Survive

They say necessity is the mother of invention and this seems true in the shale industry. In a shale state like North Dakota all kinds of numbers are down -- worker counts, rig counts -- but one number, production per rig, has climbed steadily -- for the companies still operating. "[A] shale industry reshaped by the oil-price collapse is beginning to emerge," as the Wall Street Journal puts...

The 'Disruptions' Are Back

It never seems to fail: Just as predictions of a glut producing, say, $20 BBL oil get grow truly cacophonous "disruptions" -- aka human and natural forces -- intervene to limit supply again and push prices up. Disruptions this week are the monstrous Canadian forest fire, still not contained, and now forcing the evacuation of nearly 8,000 oil sand workers, and the general situation in Nigeria. ...

New England's Dubious Swap

It's happening all over the country even all over the world (see "Germany's Energiewende"): states (or countries) that close their nuclear plants and then gradually find themselves relying on a higher CO2 emission fuel like natural gas or even new quantities of coal (see "Energiewende") to meet baseload. Forbes' James Conca focuses on New England this time where Vermont recently shuttered the...

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