• IEA Sankey Diagrams

    Updated: 2025-01-31 18:38:33
    The Oil Drum Discussions about Energy and Our Future My Last Campfire Post The Oil Drum Of Milk Cows and Saudi Arabia IEA Sankey Diagrams Posted by JoulesBurn on September 7, 2013 11:05pm The International Energy Agency has taken its share of abuse from The Oil Drum over the years for its rather optimistic forecasts . But it deserves a hearty shout-out for an invaluable resource it has on its web site : Interactive Sankey Diagrams for the World Sankey Diagram showing world energy flows Click for larger view As long as you understand what a Sankey Diagram is , not much more introduction is needed here . You can look at individual countries , consumption patterns as well as production , and more . Click on individual flows and graph over time . World energy use for steel production Click for

  • Tesla: The Teflon Stock

    Updated: 2025-01-30 18:29:39
    I lost a fair bit of money shorting Tesla ($TSLA) stock until I realized that its stock price was absolutely untethered to reality.  And we see this today as the stock is currently up 4% following yesterday's miserable earning report.  The "growth" stock with a P/E ratio of 111 reported its 9th straight quarter of […]

  • Shell’s Profit “Slump” Still Produces Multi-Billion Dollar Payouts

    Updated: 2025-01-30 14:45:44
    Royal Dutch Shell Plc com News and information on Shell Plc Skip to Content Privacy Disclaimer Shell Online Library Search : for Search Button Shell’s Profit Slump” Still Produces Multi-Billion Dollar Payouts Jan 30th , 2025 by John Donovan Shell’s Profit Slump” Still Produces Multi-Billion Dollar Payouts—Because Who Cares About the Planet When Investors Need a New Yacht In today’s episode of Corporate Greed Knows No Bounds , Shell—the gold standard of climate destruction—just announced a 3.5 billion stock buyback and a 4 dividend hike for its lucky investors . This , despite a so-called disappointing annual profit of a measly 23.7 billion a figure that would make most companies pop champagne but apparently has Shell execs crying into their gold-plated . handkerchiefs And who are the lucky

  • Shell’s Latest Courtroom Shenanigans: Because Who Needs Laws When You Have Billions?

    Updated: 2025-01-30 14:22:58
    : Royal Dutch Shell Plc com News and information on Shell Plc Skip to Content Privacy Disclaimer Shell Online Library Search : for Search Button Shell’s Latest Courtroom Shenanigans : Because Who Needs Laws When You Have Billions Jan 30th , 2025 by John Donovan Posted by John Donovan : 30 Jan 2025 In yet another shocking display of corporate audacity , Shell—the world’s favorite environmental supervillain—just had its UK North Sea drilling permits for the Rosebank and Jackdaw fields ruled unlawful by the Scottish courts . But don’t pop the champagne just yet Thanks to some legal gymnastics , Shell and its Norwegian sidekick , Equinor , can keep plowing ahead with their climate-wrecking projects while they reapply” for permission . Because , obviously , rules don’t apply when you have

  • Shell Buys Another Fossil-Fueled Cash Machine While Pretending to Care About Decarbonization

    Updated: 2025-01-29 00:17:33
    Royal Dutch Shell Plc com News and information on Shell Plc Skip to Content Privacy Disclaimer Shell Online Library Search : for Search Button Shell Buys Another Fossil-Fueled Cash Machine While Pretending to Care About Decarbonization Jan 29th , 2025 by admin Posted by John Donovan : 29 Jan 25 Ah , yes , Shell—the benevolent , planet-loving , totally-not-greedy oil titan—has once again graced us with its unwavering commitment to not accelerating climate catastrophe . This time , the world’s favorite polluter has finalized its acquisition of a 609-megawatt MW combined-cycle gas turbine power plant in Rhode Island , because nothing screams energy transition like doubling down on fossil . gas Shell Energy North America SENA a subsidiary of the oil-soaked giant , scooped up RISEC Holdings ,

  • Everyone Would Agree This Was a Bad Regulation Idea in 2009. So Now It's OK?

    Updated: 2025-01-28 21:32:42
    The new EU regulations on device charging standards are a really bad idea.  Via engadget: The European Parliament has voted to make USB-C the common charging standard in the EU. All mobile devices with up to 100W power delivery (including phones, tablets and earbuds) sold in the region will have to come with a USB-C charging port by the […]

  • The Accumulation of Regulation

    Updated: 2025-01-28 18:58:07
    Like many who do business in California, I often complain about the regulatory burden (free at last!)  People will ask, "So what one regulation would you get rid of?"  The problem is that this is a really hard question to answer because in most cases it is not any one regulation in particular, but the […]

  • Here Lies the Systematic Racism

    Updated: 2025-01-27 22:04:45
    I pretty much hate the term "systematic racism," which is a clever rebranding by the DEI folks of the Christian concept of "original sin."  Try to tell the Church that you have behaved ethically?  Doesn't matter, you still need us to remove the stain of your original sin.  Try to tell the DEI trainer you […]

  • On the Virtues of Price "Gouging" in an Emergency

    Updated: 2025-01-24 17:13:46
    There is lots of regulation coming out of California of late attempting to prevent prices from rising in a temporary supply-demand mismatch (often called "Gouging").  I don't have time today to write something tailored to California but I will repost part of my economic lesson I use for a high school class that touches on […]

  • Another Day, Another Shell Exec Shuffle in the Oil-Soaked Money Machine

    Updated: 2025-01-23 22:09:40
    , Royal Dutch Shell Plc com News and information on Shell Plc Skip to Content Privacy Disclaimer Shell Online Library Search : for Search Button Another Day , Another Shell Exec Shuffle in the Oil-Soaked Money Machine Jan 23rd , 2025 by admin Posted by John Donovan : 23 Jan 25 Ah , Shell—the tireless champion of corporate greed , environmental devastation , and boundless shareholder enrichment . As if anyone actually believed their half-hearted attempt at renewables” meant anything more than a PR stunt , the oil giant has once again reaffirmed its true nature . The latest spectacle The departure of Huibert Vigeveno the so-called mastermind behind Shell’s Downstream , Renewables , and Energy Solutions After 30 glorious years of serving Big Oil’s most ruthless player , Vigeveno is bailing ,

  • The Missing Executive Order

    Updated: 2025-01-22 21:49:43
    I know, with like 200 executive orders already in this administration, it is hard to imagine one was missing.  But if I were the victim of some sort of horrible karma and found myself as President, I was thinking about what EO I might sign (other than one repealing all the others).  This is what […]

  • Speaking of the Prince Harry case and Corporate Spying… Let’s Talk About Shell

    Updated: 2025-01-22 19:34:57
    Royal Dutch Shell Plc com News and information on Shell Plc Skip to Content Privacy Disclaimer Shell Online Library Search : for Search Button Speaking of the Prince Harry case and Corporate Spying Let’s Talk About Shell Jan 22nd , 2025 by admin If you thought NGN was bad , just wait until you hear about Shell’s dirty tricks . While News Corp has been busy hacking phones , Shell has been spying on its own employees , critics and whistleblowers for . decades By John Donovan : Posted 22 January 25 Prince Harry just pulled off what many thought was impossible—forcing one of the most powerful media empires to admit to its illegal underhanded , and downright disgusting tactics . After a relentless five-year legal battle , News Group Newspapers NGN has finally folded , coughing up a full and

  • Biden's Dirty Trick -- To His Own People

    Updated: 2025-01-22 16:40:33
    When Trump took office in 2017, I thought there was a reasonable chance that he would pardon Hillary Clinton.  I thought this was just the sort of schoolyard trick Trump might play -- after all, what better way to tar someone as guilty when they have not even been indicted for anything**. Trump didn't do […]

  • Paris Climate Accords and Article II, Section 2 of the Consititution

    Updated: 2025-01-21 17:17:47
    As expected, Trump gave notice yesterday to the UN that the US is pulling out of the Paris climate accords.  This marks the second time he has done so, making participation in these accords one of the EO ping pong balls that get swatted back and forth every inauguration day. The reason this is possible […]

  • Hair of the Dog -- Politics are Dominated by Hypocrisy

    Updated: 2025-01-21 04:38:37
    Nearly 200 new Executive Orders?  If I do nothing else I can still blog for weeks just going through the list.  (Update:  the full list of actions is here.  The list of past EO recissions is here.) Over a third of these are reversals of Biden EO's, which I can't really complain about.  Hopefully student […]

  • Server Downtime

    Updated: 2025-01-20 16:27:43
    Well, just as I was spooling up to do some real posting for the first time in years, I started to run into problems on the server.  Turns out I am running a really old OS, the Linux version of WindowsME.  At least at my host, this update requires migration to a new server, so […]

  • Paramount Privacy Redirecting

    Updated: 2025-01-05 16:33:10
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