But first, a news flash:   DONALD TRUMP FOUND GUILTY.  E. JEAN CARROL IS AWARDED $5 MILLION .  What will this mean to his presidential candidacy?  Well, the worst is yet to come.  Democrats will try to delay any further prosecution of this heel, for they want him to screw up the Republican Party. My very  first posting occurred on 29 April 2008 .  It was entitled SIMPLE SOLUTIONS for Planet Earth and Humanity, the title of this blog.  I said: Some relative costs per gallon: Gasoline in USA $ 3.50 Gasoline in Hong Kong $ 7.50 (similar to Europe) Scope Mouthwash $ 15.00 Gallon of Beer in Restaurant $ 20.00 Evian (naïve backwards) $ 21.00 Brake Fluid (mostly oil) $ 34.00 Johnny Walker Black Label Scotch $ 160.00 Vick’s Nyquil $ 180.00 Channel #5 Perfume $4000.00 Computer printer ink $5000.00 I further said the price of petroleum just shot past $110/barrel, but that is only $2.62/gallon.  Energy is expensive, but cheap.   If you scroll down the right column, you can see that at this moment

This blog site began with renewable energy, added the environment, then expanded in all other directions because of my book,  SIMPLE SOLUTIONS for Humanity .   Today, back to energy, and mostly from  Energy Matters , soundbites from the  American Energy Society . Top 5 hot topics at the end of 2022 Energy security. U.S. policy successes. Hydrogen. Transmission/pipeline infrastructure. Tie:  liquified natural gas and fusion. Five years ago (end of 2017) it was: President Trump. U.S. LNG production. Battery storage. Smart-grids. Autonomous vehicles. Here are the top stories this past year. January. There are 13 new lithium gigafactories under construction, just in the U.S., causing a supply imbalance. Solar power accounts for half of the new electric generating capacity in the U.S. February. Russian invades Ukraine. Global coal markets set new production records. March. Oil prices jump above $100/barrel. Electricity and nickel prices go haywire. Countries ignore United Nations emission r

The latest impact of the Russian invasion is the price of oil, which today rose to  $139/barrel .  The world enjoyed more than five years of "low" gasoline and petroleum prices.  Read the following to make you an expert in petroleum.  Let me start with the  inflation adjusted monthly average crude oil prices in 2022 dollars : The all time high occurred in 2008, reaching  $147.27/barrel . But if you appropriately inflate the price of this value to 2022 dollars, you would get: a real price of $177 real value in consumption of $179 labor value of $202 income value of $192 economic share of $208. In other words, that $139/barrel would actually have to go up to around  $200/barrel  to get close to what the true price of petroleum was in 2008. A second note is that the graph above, for reasons I don't understand, only showed a 2008 peak of $126.33/barrel.  Using that figure and averaging all those inflation categories, the 2022 price shown was  $162.31/barrel.   Which is the co