Category Archives: Energy

Signal and Noise in the Oil Market

Posted on April 5, 2015 by Adam Bailey

Conventional wisdom has been that cost of finding and extracting oil is on a secular rising trend.  Given the current low price of oil, is that still credible? A famous saying attributed to Keynes was his challenge to a critic: … Continue reading →

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Progress with Carbon Capture and Storage

Posted on October 10, 2014 by Adam Bailey

The recent launch of a large-scale power station retro-fitted with carbon capture and storage (CCS) is an important step forward in addressing climate change.  It is no criticism to add that many issues surrounding CCS remain to be resolved. The … Continue reading →

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Do We Need a Renewables Policy?

Posted on February 1, 2014 by Adam Bailey

Question: If an effective carbon tax or cap-and-trade policy is in place to limit greenhouse gas emissions, is there any point in having a separate policy to promote renewable energy sources? I have read several times recently that the answer … Continue reading →

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The Oil Demand Debate

Posted on August 21, 2013 by Adam Bailey

Improved fuel efficiency and substitution of natural gas will restrain world oil demand over the next decade.  But will these effects be enough to offset increasing demand from emerging economies? This important debate could be sharpened by clearer economic language. … Continue reading →

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