Permian Basin oil patch looking forward to recovery when price recovers to $45 or $50 and holds for 30 days Mike Swihart was a bit surprised when some of his Permian Basin oil and gas customers called him in during the first quarter and asked him to sharpen his pencil. Swihart’s Midland-based company, Production Lift […]
Q1 tough for Permian Basin service companies, but future looks brighter Read More »
Social media comments suggesting Fort McMurray residents got what they deserved for supporting oil sands are despicable It happens every time: Natural disasters get used to score cheap political points. But is it fair to point out that climate change may have something to do with the horrific wildfire burning the oil sands city of Fort McMurray?
Too soon to talk climate change as Fort Mac, oil sands region burns? Read More »
Best candidates for radical decarbonizing are Asian nations planning hundreds of coal power plants, not United States, Canada or Europe The international Energy Transitions Commission is calling for more radical policies to decarbonize the global economy quicker. This both a bad and a good idea. Decarbonizing more quickly is a bad idea for Western economies like
More ‘radical decarbonizing’ needed? Not in USA, other developed countries Read More »
“…we [the USA] are more exposed to high prices than we are to low prices.” – Hirs Last week I wrote about a Texas-based oil producers group that is calling for a ban on crude oil imports in order to support domestic producers and disentangle the USA from its costly military commitments in the Middle East.
Energy economist explains why banning OPEC protects American consumers Read More »
Electric vehicle industry busy innovating, will traditional automakers do the same to compete against upstarts? Last month I wrote about a simple model to help explain energy transitions. Central to my thinking about energy technology diffusion is competition between emerging and dominant technologies, as illustrated by our Friday news story about Shell’s high mileage, high efficiency
Shell concept car shows fossil fuels serious about competing with clean tech, EVs Read More »
Banning OPEC oil would require US, Canada to produce only 3 million b/d more of crude oil Some American oil producers have had just about enough of Saudi Arabia. They’re calling for the next President to impose import quotas on light oil and to shut OPEC out of the US market. The Panhandle Producers & Royalty Owners
American oil producers demand return of Eisenhower-era import quotas Read More »
NDP convention resolutions routinely ignored by Saskatchewan NDP governments, why not Alberta? Wow, wasn’t that some convention this weekend? Rachel Notley was thundering for pipelines. The federal NDP responded by endorsing the schizo-anarchist climate change strategy charmingly dubbed the “Leap Manifesto.” Some pundits are already writing the Alberta premier’s political obituary and she hasn’t been in office
Pipeline success, not Leap Manifesto, will determine Notley’s future in 2019 Read More »
AG investigations, #Exxonknew campaign all about undermining social acceptance of oil/gas – just like Keystone XL Investigations by a coalition of Democrat state attorney generals into Exxon Mobil’s climate change research from the 1970s onward probably won’t result in criminal prosecution, says a Texas law professor, but civil penalties are a possibility. And the investigation will probably
#McKibbenknows that #Exxonknew is well-orchestrated political theatre. Will American voters get the message? If you’re wondering why NY Attorney General Eric Schneiderman is investigating Exxon Mobil about 40-year old climate change research, look no further than Bill McKibben’s #Exxonknew campaign and the doomed Keystone XL pipeline project. There is a reason Al Gore was on the stage
#Exxonknew is the next Keystone XL pipeline protest movement Read More »
Your faithful scribe slowly becoming Tesla fan boy…one impertinent press release at a time Tesla Motors has just issued an extraordinary press release, one that makes me think maybe Elon Musk may yet compete head to head with the big boys of automobile manufacturing. As everyone on the planet now knows, Tesla Model 3 pre-orders
Elon Musk issues press release berating himself for ‘hubris’…Who does that? Read More »
