Michael E. Webber - Latest News and Information
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Oil and gas exports were first initiated after decades of imports in the Obama administration...
"There is a 6- to 12-month window of extreme vulnerability where the reservoirs could fail before the new infrastructure is online."
One advantage for California already having high gasoline and diesel prices is that the price shocks are less shocking.
What’s interesting about this is that electricity, gas, oil, jet fuel and gasoline prices are all higher today than a year ago.
"OUR newfound oil in Venezuela" Also, President Trump very clearly calling for taxpayers to subsidize the global oil and gas industry by providing insurance, financial support, security escorts, etc. Fascinating.
It's worth keeping in mind that this chart shows electricity consumption per capita, which has much better correlation with wealth than "primary energy". Electricity consumption is more closely-tied to the markers of modernity (access to IT, A/C, refrigeration, water treatment...)...
I can't remember--who was the president 10 years ago? That Administration's decision to grant permits for LNG exports was a boon for the domestic O&G industry while also helping U.S. and European security by reducing dependence on Russian energy exports.
What's interesting about this is that the U.S. led the world in oil and natural gas production during the Biden Administration, too.
I think this is a great idea. I wrote a piece on floating nuclear for @ASMEdotorg @MEngineeringMag last September. Floating nuclear drives up costs on one hand (you have to build the ship and the power plant) but saves...
Lower gasoline costs will save money for those who drive cars w/ outdated combustion-powered drivetrains (more than $700/household according to this post). As a separate data point I will spend ~$290 this year to charge my electric vehicle (8000 miles, 0.3...
This is what happens when you weaponize tariffs and international alliances: people will assume you would also weaponize energy exports.
The @USArmy started a nuclear aviation program in 1946 and in the 1950s test flights were conducted with active nuclear reactors on board. https://t.co/Sxm4F60zEL
