The Electrification of Everything: What You Need To Know

More of the energy we use will come from the electric socket. And we aren’t ready. The concept is that more of the energy we use will come from the electric socket.Instead of having fuels like natural gas or oil or gasoline flow directly into our homes, offices and cars, those fuels will increasingly be converted to electricity first ...

Cheap Money, Geopolitics and Super Backwardation of WTI Forward Curve

Financial speculators frequently trade in the most liquid short-tenor contracts. We study repeating patterns of sharply steepening slopes in the WTI forward curve to investigate whether, after controlling for macroeconomic variables, physical market fundamentals, and basic arbitrage, calendar spread behavior is partly explained by speculation related to assessed geopolitical risk ...

Clear Eye on a Global Gas Shock

Natural gas markets are undergoing a radical reordering that will ripple for years . The changes, prompted by suspension of a percentage of Gazprom’s natural gas shipments to Europe in the wake of the Ukrainian war, highlight how global natural gas has become as a commodity and how deep the supply hole for LNG may really be ...

Energy Security: True and False Choices

Russia’s unsheathing of the energy weapon against Europe and its military action against Ukraine has roiled energy markets and inflated prices across the spectrum of coal, oil and electricity. The question should not be which energy source provide more security. The choices, in fact, are not binary ...

Electricity Is the New Oil:  U.S. Strategy for the Post-Hydrocarbon World

In 2021, hackers launched one of the most ambitious digital assaults in recent memory. A group known as DarkSide used a ransomware attack to shut down one of the largest pipelines in the United States, a vital artery carrying gasoline, diesel, and jet fuel from U.S. Gulf Coast refineries to ten states on the East Coast. The result was widespread shortages ...

Shale Gas Will Rock The World

There's an energy revolution brewing right under our feet. We've always known the potential of shale; we just didn't have the technology to get to it at a low enough cost. Now new techniques have driven down the price tag—and set the stage for shale gas to become what will be the game-changing resource of the decade.