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 [...]
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 [...]
[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 [...]
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 [...]
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 [...]
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. [...]
Thought Piece Naomi Oreskes, the Harvard University science historian [I must admit that it is hard being called a denier, just because some of us don't see a black and white world, especially from a single political Chicago political voice. The fact that Rep. Quigley did it in front of group of well-meaning businesses and [...]
Bakken Boosters See Robustness Returning This Year and Next Richard Nemec March 6, 2017 The buzz is slowly returning to the Bakken Shale, with state and industry stakeholders eyeing a return to more robust production and bottom line numbers by the end of this year and through all of 2018. America's highest profile oil pipeline, the [...]
Thought Piece [This editorial piece seems so dated. It invokes all of the old arguments about Baby Bells, cable and telecom regulation from the distant past. Absolutely absent from this piece is any discussion of the future of broadband, telecommunications, technology and the Internet of Things. Is anyone else bothered by the hyperbole and doomsday-itis capture in the [...]
