Lou Grinzo

Energy Department to Halt Hydrogen Fuel Cell Research

Jim's right, and he nails the key point perfectly: It's not about the need to build a refueling infrastructure, as so many people say; the problem is supplying that much hydrogen without adding to the climate chaos mess. Simply put, we can't afford the luxury of burning a lot of our relatively scarce clean electricity on making hydrogen from water. I talked about this situation in a couple of posts on my site recently:

www.grinzo.com/energy/.../

www.grinzo.com/energy/.../

Are Oily Characters Behind Crude's Price Move?

The 74 million barrels/day is just crude oil. The bigger number everyone talks about (roughly 86) is crude plus other petroleum production. You can draw your own conclusions about the value of citing just the crude oil number when it's not all that matter, even on just the supply side.

Oil: Does Supply and Demand Still Apply?

"We consistently hear from oil bulls that we've reached peak oil as production can no longer keep up with demand."

I see (and correct) this error constantly. Peak oil is purely a measure of the flow of oil. It has nothing to with supply falling short of demand (or the amount of oil still in the ground, which is another common error). For example: If the quantity demanded and the quantity supplied both kept rising, but we had an increasingly tight market with slowly rising prices, then we would clearly not be at peak oil (production is still rising), even though "production can no longer keep up with demand".

I also agree with the other comments above.