Barrelperday

• The new hype is again to say the end of the oil age is near
• In the long run, this will happen…
• …but before that some good years for oil are likely
• Just as high prices reduced the likely future demand for oil, low prices will probably prolong its use

[…]

The energy transition from fossil fuels to renewables will likely be faster than the International Energy Agency predicts in its recent World Energy Outlook. We are at a point when renewables are getting cheaper than fossil fuels in many areas, and that means a whole different game. […]

Global dieselization will not end because of the scandal, but probably less people will buy diesel cars in Europe. The following post is our early take on the potential results, focusing on the economic and energy market effects. […]

What about making a phone battery first that lasts more than half a day? […]

Oil is on the cover of The Economist again. This is how oil price history looks like, showing Economist covers featuring oil, as the story unfolds. Their record is mixed, but actually improving. […]

Neither. The South Stream would not have solved much of Hungary’s problems. But neither will the country be worse-off without it. […]

The price of natural gas is higher in European countries where the share of Russian import is high. Most likely this is not because of import dependency, but Russian dependency. If Eastern European countries want to buy cheap gas, they need to connect to the Western-European gas market: there Russian gas has to compete with other sources, leading to much lower prices. […]

Who will suffer and who will gain? Barrelperday blog is about to answer a lot of your burning questions below. […]

We’re still far from stopping climate change altogether. But at least something is finally being done. President Obama wants to circumvent Congress to cut power plant emissions. […]

We launch a new feature: we will post a list of good reads each weekend. Enjoy.

• The vast influence of Gary Becker (Vox)

• Where people have the best sex, the worst sex, and the most STIs (Vox)

• The economics of adultery (Wonkblog)

• 10 years EU enlargement anniversary: Waltzing past Vienna | Zsolt Darvas (Bruegel)

• 40 Maps That Explain The Middle East (Vox)

• In the 1970s, Scientists Discovered a 2 Billion-Year-Old Nuclear Reactor in West Africa (Medium)

• Tesla and SpaceX founder Elon Musk has a knack for getting others to fund his ventures. (Slate)

• Why humans are obsessed with the longest bridges, the biggest buildings and other ways to blow billions – Quartz (Quartz)

• Stockholm’s New Electric Ferry Takes Just 10 Minutes to Charge (Wired)

• Leaked doc: Cameron’s plans to make the EU fit UK energy policy (EnergyPost)

• Rude salespeople make you buy fancy things (Marginal Revolution)

• Make three claims when trying to persuade (Marginal Revolution)

• Eat More Nuts (And Vegetables, And Don’t Forget to Exercise And Quit Smoking) (FiveThirtyEight)