Renewable energy EU under pressure.

[aquitaine]

The price of oil of course did not stay at the crash bottom of 2008.

True, although it is still way down from what it was in 2007. Part of it is that the "next big economic slowdown" just hasn't occurred yet. When it does we'll see prices go down again.

...a critical point, because much of the N. American boom in oil production via fracking and tar sands oil would be marginally uneconomic if the price had remained at the 2008 bottom.

Yep, pushing prices up somewhat, but again not nearly up to $140 a barrel.

 

[Astronuc]

Some interesting discussion here on energy and energy independence.

http://www.livestream.com/nytenergyfortomorrow/share?clipId=pla_4a1fa8c3-feba-4d50-803f-561f60ad4dde

T. Boone Pickens is one of the first speakers after Thomas Friedman, who is the panel moderator.

John Krenicki, president and C.E.O., GE Energy, has some interesting commentary starting at 20 minutes.

One point that is made is the intermittency of renewables, i.e., wind and solar. There are also interesting comments regarding China's approach to energy supply.

Full set of videos - http://www.nytenergyfortomorrow.com/video.php