Articles by author: Ehud Ronn
Energy independence and climate policy are increasingly at odds and the recent data from the Energy Information Administration (EIA) reveals a striking trend: the United States has topped global crude oil production charts for the last six years, surpassing all previous records. This development prompts a deeper examination of America’s energy strategy at a…
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Global Oil Demand Skyrockets with China Re-open for Business
Three years of strict COVID policies in China ended in December 2022. This reopening of China’s economy pushes global oil demand to hit its highest-ever level. International Energy Agency estimates indicate oil demand could surge by 1.9 million barrels per day for a record-setting 101.7 million barrels per day. “China will drive nearly half…
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Fossil Fuels Will Remain the Primary Source of Energy, Despite Strategic Growth in the Renewable Energy Sector
Fossil fuels are still in the game. In a recent piece from IEA, the author argues that our “global energy crisis has triggered unprecedented momentum behind renewables, with the world set to add as much renewable power in the next 5 years as it did in the past 20.” This forecast is a promising development…