Some fast energy facts

[Manonthestreet]

To find a “radical and pervasive” change in energy markets we have to look elsewhere. Over the same decade noted above, the amount of energy added to America from shale hydrocarbons was 2,000% greater than the additional supply from solar and wind combined. That actual revolution also happened because of the maturation of new technologies. But, notably, in this case it took place without the stimulus of special subsidies.

The scale and velocity of the shale revolution is underappreciated. It is the fastest and biggest addition to world energy supply -- not just hydrocarbons, but all forms of energy -- that has occurred in history. The only time something close to as dramatic has occurred was in the decade following the 1968 opening of Saudi Arabia’s giant Ghawar oil field. Energy Revolutions Hidden In Plain Sight: Part 1 of 3 -- Shale Crushes Solar | RealClearEnergy
So many great quotes in this article. Numbers above illustrate the ridiculous task of decarbonization. To replace this amount of energy much less the amount still supplied by coal is simply not possible unless the goal is upending an economy.

 

[RGR]

To find a “radical and pervasive” change in energy markets we have to look elsewhere. Over the same decade noted above, the amount of energy added to America from shale hydrocarbons was 2,000% greater than the additional supply from solar and wind combined. That actual revolution also happened because of the maturation of new technologies.

Drilling horizontal wells (since 1929) and hydraulic fracturing (since 1949) are the maturation of NEW technologies?

The scale and velocity of the shale revolution is underappreciated. It is the fastest and biggest addition to world energy supply -- not just hydrocarbons, but all forms of energy -- that has occurred in history.

Underappreciated by who? The EIA administrator seemed to qualify it correctly when he discussed how the US was growing oil production faster than at any time in its history. And obviously the repeak of natural gas production in the US, taking it to the largest natural gas producer in the world didn't go underappreciated either.

The only time something close to as dramatic has occurred was in the decade following the 1968 opening of Saudi Arabia’s giant Ghawar oil field.

Ghawar was discovered in 1948 and began producing in 1951. Let me guess, this is some form of wiki knowledge you cut and pasted from someone else who doesn't know much about oil field history?

I swear, the internet has just made people dumber, reading stuff like this and thinking that the author understands anything about the topic they are pontificating on. If you want to pretend you are issuing some energy facts, then USE some, and get them right.

 

[Manonthestreet]

underappreciated by the public,,,,,as for the Saudi field maybe date was typo

 

[Old Rocks]

Yes, the gas electrical generators are much superior to the coal fired generators. And have pushed them nearly out of the market. In the meantime, solar and wind, which was almost nonexistant two decades ago, are growing by two digit percentages every year.If you understand simple math, you can see where that is leading.