Quick and short introduction. The state of Louisiana is suing oil and gas companies for damage to the environment in their exploration, sourcing, and production of oil and gas. In the process of doing so, the state claims the companies caused considerable damage to what is called a Coastal Zone. The issue being gaining the […]
According to recent reports, as of January 2025, US crude oil inventory is considered to be in a “good shape” with levels slightly below the five-year average. This indicates a comfortable supply situation going into the new year 2025. Recent inventory drops have been less than expected. Analysts are still cautious about potential future market […]
by Melvin Blackman QUARTZ Last week? We were talking about market manipulation at the business level and also the state level. The industry intended to cut production so as to maintain prices if California capped prices. California was putting a new program in place to regulate pricing. An AZ state rep was going to California […]
In preparation for a renewed reign of the insurrectionist, energy sources and their associations are writing up executive orders to reverse much of what Pres. Joe Biden has done over 4 years. If you recall, the same was done after Barack Obama left the presidency. Many or most of Obama’s initiatives were reversed by an […]
Simple commentary. Just started to receive information on increases. Gasoline is a no brainer. We drive a fuel efficient vehicle and do five over as opposed to what others do. It is interesting to hear the complaints. Thirty-gallon gasoline tank plus fast driving and you are getting into some serious money. You can only tell […]
Basically, a story about big oil selling prosperity to a country by having their cricket team televised on TV and building a new stadium to be completed by 2025. Exxon and their partners were busy telling the story of fossil fuels as the solution to poverty. This story told as more and more Global North […]
Interesting article about local communities beginning to sue energy companies because of climate change and the mischaracterization of how oil products impact the nations climate. Down in Phoenix, we are seeing temperatures approaching the one hundred and teens. No relief is in sight for a couple of weeks. The same can be said for other […]
The Exxon Tiger Rampant, Bad Crow Review, Weldon Berger Links are at the end, doing linky stuff. ______________________________________________________ “confidence is high in the oil and gas world” ________________________________________________________ And why not? Record profits, massive new drilling projects in delicate environs, a presidential pronouncement validating decades more of fossil fuel burning and did we mention fabulous profits? […]
– Sandwichman @ Econospeak The Unbearable Tightness of Peaking Sandwichman came across a fascinating and disconcerting new dissertation, titled “Carbon Purgatory: The Dysfunctional Political Economy of Oil During the Renewable Energy Transition” by Gabe Eckhouse. An adaptation of one of the chapters, dealing with fracking, was published in Geoforum in 2021 As some of you may know, […]
US to purchase more oil to replenish the Strategic Petroleum Reserve (SPR). DOE Announces Repurchase of Oil for the Strategic Petroleum Reserve, Department of Energy, DOE. The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves, December 16 announced that it will start repurchasing crude oil for the Strategic Petroleum Reserve (SPR). This repurchase is […]