For years the oil industry has been wandering the world marketplace looking for a price that is just right. Will it find it?
The principle behind a carbon tax is simple, Cobb writes: Raise taxes on what you want less of and lower taxes on what you want more of.
Until the US figures out how to get along without the millions of barrels of oil it imports each day, oil exports will only increase our dependence on foreign oil, Cobb writes.
In envisioning future technologies, Cobb writes that we often ignore a crucial question: How will we power tomorrow's heavily automated world without ruining the planet?
Media outlets appear to be taking dictation rather than asking questions about which countries produced the most oil in 2014, Cobb writes.
Energy transitions take a lot of time, Cobb writes, far too much time to be shrunk down into a television special, a few talking points, or the next big energy idea.
The high energy prices of the last decade or so may be, in part, responsible for low productivity growth in the US, Cobb writes.
China's economic growth is slowing, but growth may be even slower than the government says, Kurt Cobb writes – especially when electricity consumption is used as a proxy for growth levels.
Since the early 20th Century, the amount of energy required to produce new energy has skyrocketed. That puts a drag on the economy, Cobb writes, as more and more resources are devoted to keeping up with energy demand.
The divergence between official energy statistical agencies, and the advent of well-funded independent original research, suggest that the days of looking solely to two governmental energy entities for energy information are over, Cobb writes.
The most important thing you need to understand about the coming oil production cutbacks is where they are going to come from, namely Canada and the United States.
In an industry as unpredictable as energy, it's best to prepare for the unexpected. Here Kurt Cobb offers five possible surprises for energy in 2015.
Declining oil prices are supposed to have a balanced ledger of winners and losers, Cobb writes. But we may be on our way to finding out that in the long run we will have a much larger list of losers than winners.
The US could fight back in an oil prices war with OPEC by employing one simple, big move. But, I can confidently predict that the country will not do it. Why? Because it involves a tax, a tariff actually.
If oil prices continue to slide, OPEC will almost certainly achieve its goal of preventing significant investment in new US oil production. But low oil prices will also put financial pressure on some of the cartel's most vulnerable members.
US natural gas producers may be seeing their dream of substantial liquefied natural gas (LNG) exports suffer fatal injury because of Russian exports to the Chinese market, Cobb writes, a market that was expected to be the largest and most profitable for LNG exporters.
The swift decline in oil prices has the media buzzing about an oil supply glut, Cobb writes. But can oil – which now trades at eight times its price during 1998's glut – be said to be experiencing an oil glut now?
There are no shortage of theories for why oil prices have suddenly collapsed. Ultimately, Cobb writes, the whole issue of oil prices is too complex and too lacking in transparency to be discussed intelligently when it comes to short-term price movements.
Jockeying for oil and natural gas resources are one component of the conflicts in Syria, Iraq, Ukraine, and elsewhere. A deep reduction in fossil fuel consumption wouldn't make these conflicts disappear, Cobb writes, but they might make them far less dangerous.