Real Clear Energy Charticles

Energy Charts Interpretated and Analyzed by RCEnergy

Europe Is Saving Energy

The prospect of having to be dependent on Russia for its natural gas supplies has inspired Europe to start saving energy. As the above graph shows, natural gas consumption in Europe has dropped 23 percent since 2010 and is now back to the level of 1995. All the earlier projections for gas consumption are now looking quite exaggerated. The main instrument has been energy conservation,...

California Leads in Total Solar Consumption

Hawaii may lead in per capita installations of solar panels but California leads in the biggest percent of its electricity supplied by solar power. The Golden State gets 6 percent of its electricity from solar. Arizona and Hawaii both get more than 5 percent and even Massachusetts is getting 2 percent. The reason California surpasses Hawaii is because it also has several large solar thermal...

Hawaii Leads Nation in Solar Power

Hawaii is far ahead of the rest of the nation, including California, in the per capita installation of rooftop solar power. At times almost one-third of the state’s electricity can come from solar power. In fact, the state has so much solar power that it is having trouble integrating it onto the grid. On sunny summer days the state is inundated with too much electricity. It is currently...

Bakken Flaring Photos Were Exaggerated

Two years ago when photos began circulating showing the flaring in the Bakken Range producing as much illumination as nearby Minneapolis, Chris Zygarlicke of the University of North Dakota’s Energy & Environment Research Center became suspicious. He drives through the range frequently at night and felt the illumination was nowhere near that of a downtown metropolis. . The photos had...

Oil Tankers Filling Up as Storage

With so much oil floating around the world, oil companies are starting to use tankers as storage. The Baltic Dirty Tanker Index reports that prices for tankers have soared in the last month as companies seek to rent them. But they aren’t headed for any particular destination. Instead, companies are using them as floating storage depots as surpluses pile up. The barrels in floating...

US Zooms Past Into #1 in Total Petroluem Liquids

The dramatic growth in tight oil and natural gas liquid production in the US since the beginning of the decade can be seen in the following graph. Total US production of petroleum liquids zoomed past Russia and Saudi Arabia to a record 13.97 million barrels a day of production in 2014 and is very likely to move higher into the future.

Refineries Hit 18 Million Barrels Per Day

U.S. oil refineries hit a capacity of 18 million barrels per day this month, the highest level ever. The goal was reached with the opening of a Kinder Morgan 42,000 barrel refinery in Galena Park, Texas and another 19,000 private refinery in North Dakota. Improvements in operation have also raised utilization to 90 percent from 86 percent over the last five years. The result has been that U.S....

Does Weatherproofing Save Money?

Weatherproofing your home is supposed to be one of the quickest and easiest ways to save money while cutting down on carbon emissions and energy use as well. But a study just released by the Becker Friedman Institute and co-authored by a former official in the Obama Administration says that weatherproofing actually loses money. The authors, who included Michael Greenstone, former chief...

Nuclear Gains - 1st Time Since Fukushima

The performance of the world’s nuclear reactors rose 1 percent last year, the first gain registered since the Fukushima accident of 2011. The 350 of the world’s 429 reactors that report to Platts registered 2.039 billion MWh in 2014. That was a slight increase from the 2.018 billion MWh in reported in 2013. “The global nuclear unit capacity factor rose to about 75.8% in 2014,...

Domestic Production Cuts Gulf Coast Imports

Oil imports to the Gulf Coast have been reduced by 45 percent over the past year by increasing domestic production. The decline was particularly marked the week of January 9-15, as illustrated in the above chart. The importing of light, sweet crude has been almost completely eliminated by domestic production coming out of the Eagle Ford, Bakken and Permian regions. At the same time, there has...

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