Thought Piece [The technology of horizontal drilling and fracking is moving at hyper-speed in the US, thanks to the Internet of Things and the innovations of the American private sector. As expected, the energy industry continues to extract more oil faster and cheaper than OPEC. Yes, Virginia, the slow moving, unwieldy methods used by OPEC are showing. In [...]
[I have up-dated a piece I wrote last year, "EPA's Clean Power Plan and its Moment of Truth." While many people seemingly have forgotten that it was a legalistic nightmare, I think it is important to revisit its many flaws. Ultimately, it was an over-politicized document in search of national problem. Even Gina McCarthy admitted that the Clean Power [...]
U.S. oil and gas industry reaps the benefits of international trade, aided by new technologies and growing transportation hubs.
Thought Piece [The following piece by John Kemp is a well-nuanced look at the current US gas and oil industry. While increasing flows of oil and gas are doing well, thanks to the return to free trade for US exports, the overall production of shale oil, natural gas and feedstock has just started to hit its stride. [...]
Saudi Arabia’s Oil Supremacy Falters: Rejiggering its long-held strategy of clinging to market share
Thought Piece [No amount of rejiggering its long-held strategy can help Saudi Arabia keep its market share. Simple supply and demand economics has hit the international oil markets right between the eyes. Thanks mostly to the growing efficiencies and supply in the US, we are witnessing a fundamental change in the way the oil business is done. It doesn't matter which [...]
New era of energy and its transportation in US begins tomorrow (or the day after). Quietly, the long years of engineering come to fruition….
Thought Piece [Below, please find two stories that effectively announce a new era without being all that much different than the old era. Oil and natural gas will continue to flow from North Dakota to the outside world, just as it has always done. The Courts have given their final approval to the Dakota Access Pipe Line, with [...]
The Chevron Doctrine may be gone, Gorsuch Defended Illegal Immigrants in Criticism of Government Agencies.
[It looks like the Chevron Doctrine, which was a pivotal 33-year-old Supreme Court decision, Chevron v. Natural Resources Defense Council, is soon history. This single case established that courts should defer to the judgment of a federal agency when interpreting ambiguous laws and regulation. Thankfully, that deference will go the way of all bad ideas. As it [...]
Justin Trudeau: “No country would find 173 billion barrels of oil in the ground and just leave them there.”
Thought Piece [The total lack of understanding about the importance of good global economics on display in James Ayre's piece is staggering. As Bjorn Lomborg points out in Wall Street Journal Op-Ed on February 9, 2017, "by far the largest source of renewable energy used in China [and all poor countries] is traditional biomass—that is, people burning charcoal, firewood [...]
OPEC Faces Quandary as U.S. Oil Inventories Swell: Oil cartel’s cuts are helping competitors fill their storage tanks
Thought piece [The remarkable production capabilities and transportation system for US oil and natural gas continue to change the world and its geopolitics. As predicted, OPEC's strangle hold on energy is officially over. Along with it, OPEC is losing its political clout with its own people, who are now suffering from its governments' failure to provide [...]
It's Time for a National Debate on Fracking Stephen Heins, Spark Magazine http://spark.fortnightly.com/fortnightly/its-time-national-debate-fracking?sthash.K1Dpwp7q.mjjo On April 8th, 2015, the Wall Street Journal headline read "Bloomberg Criticizes New York Fracking Ban." During his interview, former New York Mayor Michael Bloomberg announced that he was donating an additional $30 million to the Sierra's "anti-coal" campaign, but that he also [...]
Wood Mackenzie forecasts ‘net positive’ for energy markets under Trump: New Pipelines, Cleaner Fossil Fuels and Renewables
Thought Piece [Currently, the U.S. is producing more than 9 million barrels per day of oil, with world-wide production around 96 million barrels per day, which means that the U.S. now accounts for 9 or 10 percent of the world’s oil production. That figure will grow, if the Trump administration follows through on the president’s promises. [...]