An interesting headline from the U.S. Energy Information Administration caught my attention last week. The title of the short story is: “Rapid declines from horizontal wells require more drilling to sustain production.” It sort of feels like an advocacy article of some sort to support our “oil economy.” Here’s the … [continued]
Some of the biggest oil companies are the target of a wrongful death lawsuit in the State of Washington filed this week.
"President Trump Meets with Energy Sector Executives" by The White House is marked with Public Domain Mark 1.0.
Of all the constituent groups in the US, wouldn’t you think that oil and gas executives would be supporting President Donald J. Trump’s policies? Well, an anonymous survey released late this month by the Federal Reserve Bank of Dallas says otherwise. Oil and gas company executives, it seems, are complaining … [continued]
It’s not news that the oil and gas industry has left millions of abandoned wells all across America and is placing the responsibility of closing those open wells on American taxpayers. Despite receiving billions in government subsidies every year, the fossil fuel industry simply doesn’t care about our planet, the … [continued]
Originally posted on EVANNEX. By Charles Morris The transition to electric vehicles and renewable energy is already creating winners and losers. We write about the winners often in this space — they include just about anyone who invested in Tesla since the 2010 IPO, especially those who followed a buy-and-hold strategy, as … [continued]
Originally posted on EVANNEX. By Charles Morris Journalists are fond of speculating about events that may or may not happen, and Tesla has always been one of the prime topics for this sort of “what if?” writing. Over the years, we’ve read many an article about all sorts of hypothetical events, from … [continued]
The Federal Reserve Bank of Dallas has released its Q2 2021 Energy Survey, and one thing is clear: oil and gas companies are struggling to find investors. The new report included special questions about expectations for a global crude oil gap, current and expected investments in renewables by oil and … [continued]
President Biden suspended new oil and gas leases on federal land and water but U.S. District Judge Terry Doughty (LA) blocked the suspension. The judge also ordered that the delayed plans for lease sales in the Gulf of Mexico and Alaska be resumed. The ruling came in a lawsuit that … [continued]
Arclight Capital Partners, whose clients include NFL players, Maine teachers, and Mayo Clinic doctors, lost hundreds of millions of dollars betting on a St. Croix oil refinery, Reuters reports. The Limetree Bay refinery was shut down for 60 days by the EPA last month after releasing a cloud of petroleum … [continued]
Many of the oil and gas industry’s top emitters of methane are small, little-known companies, a new analysis of US Environmental Protection Agency (EPA) emissions data found. The analysis, commissioned by Clean Air Task Force and Ceres, found that five of the ten biggest methane emitters were small producers, and overall, … [continued]
