Energy | AEIdeas

Thursday, May 23, 2013

Chart of the day: In 2012, America had the most energy-efficient economy in US history

Mark J. Perry | April 26, 2013, 6:44 pm

The EIA released new energy data this week showing that the US had the most energy-efficient economy in history last year, based on the amount of energy consumed to produce each real dollar of Gross Domestic Product (GDP). In 2012, … read more >

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Politics and Public Opinion

Natural gas: The free agent of energy sources?

Andrew Rugg | April 23, 2013, 12:50 pm

Energy sources can easily be divided into teams. You have your up-and-coming alternative sources: Wind, solar, etc. You also have your old and dirty veterans: Oil and gas. Then there is natural gas. People have a hard time determining which … read more >

Carpe Diem

Tomorrow’s energy will be the same as yesterday’s energy: Low-cost coal, oil and natural gas, not renewables

Mark J. Perry | April 5, 2013, 4:36 pm

The chart above shows Department of Energy forecasts for the shares that various fuel sources will provide of our total energy consumption out to the year 2040. Even 27 years from now in the year 2040, the government estimates that … read more >

Pethokoukis, Economics, Regulation

Climate may be less sensitive to greenhouse gases than previously thought. So now what?

James Pethokoukis | March 28, 2013, 1:32 pm

The world has pumped roughly 100 billion tons of carbon into the atmosphere over the past decade. But you wouldn’t know it by looking at global temperatures. The Economist, in a piece titled “Apocalypse Perhaps a Little Later,” quotes NASA’s James … read more >

Economics, Energy and the Environment, Pethokoukis

Here’s what Germany got for its 100 billion euro subsidy of solar power

James Pethokoukis | March 15, 2013, 1:32 pm

I have high hopes for solar energy as an important part of tomorrow’s energy portfolio. As Quartz whimsically puts it, “2012 was a very good year for sunshine.” US solar installations jumped 76% to 3,313 megawatts as the price of photovoltaic panels fell … read more >

Carpe Diem

Energy fact of the day

Mark J. Perry | March 12, 2013, 4:04 pm

Net petroleum imports in January fell to only 37.3% of total petroleum consumption in the US for that month, according to new estimates from the Energy Information Administration (EIA). For the month of January, that’s the lowest level of US dependence on foreign sources of petroleum … read more >

Carpe Diem

More on America’s shale prosperity

Mark J. Perry | March 8, 2013, 2:17 pm

Matt Phillips at Quartz digs through the Fed’s most recent March 6 “Beige Book” and finds these nuggets on the US shale revolution: Philadelphia Fed: “In areas with Marcellus shale gas, several banks have described customers paying down loans with royalty money and … read more >

Image Credit: AKZO photo (Flickr) (CC BY 2.0)

Carpe Diem

Energy, construction, manufacturing, temps lead job growth

Mark J. Perry | March 8, 2013, 10:42 am

From today’s Employment Report from the BLS: 1. Employment in temporary help services grew by 16,100 jobs in February, bringing the total number of temporary and contract workers to 2.58 million last month, the highest level since August 2007 (see blue line in chart above). … read more >

Carpe Diem

Cheap energy today: The best friend and salvation of the poor

Mark J. Perry | January 13, 2013, 4:10 pm

”Somehow we have to figure out how to boost the US price of gasoline to the levels in Europe.” ~Stephen Chu, US Secretary of Energy “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.” ~President Barack Hussein … read more >

Carpe Diem

Energy fact of the week: As a separate country, the US oil and gas industry would be the 16th largest economy in the world

Mark J. Perry | January 8, 2013, 6:50 pm

Q: How big is America’s oil and natural gas industry, and how important is that sector to the US economy? A: Very big and very important, according to a recent study by PricewaterhouseCoopers titled “Economic Impacts of the Oil and … read more >