political correctness Tom ShepstoneShepstone Management Company, Inc. …. …. Political correctness is a breeze at the outset but extremely costly in the end, as Europe is learning the hard way. Green energy has become a fool’s errand. Political correctness is conformance to the desires, mores and whims of those who imagine they get to set
Read More...AmericanEnergy Alliance …. …. [Editor’s Note: The Joe Biden puppeteers and Chinese controllers are clearly aiming to undo American energy independence and, once again, make us dependent on foreign energy.] Last week OPEC+ talks on oil production quotas for member nations stalled and, as a result, oil prices rose. The Biden administration is somewhat concerned
Read More...electricity electric vehicles … …[Editor’s Note: China is expected to have more refining capacity than the United States this year, while Biden pushes a zero-carbon future.] As of April, 2021, the United States had 18.1 million barrels per day of petroleum refining capacity (i.e., operable atmospheric crude oil distillation capacity). U.S. refining capacity had reached a record high of
Read More...germany … …[Editor’s Note: The Colonial Pipeline shutdown illustrates just how critical pipelines really are to everyday life as we know it. Even fractivists need gas!] On May 7, 2021, Colonial Pipeline, which delivers about 45 percent of petroleum products consumed on the East Coast, was cyber-attacked. The pipeline transports gasoline, diesel, jet fuel, and
Read More...Gas prices increased this week as Gulf Coast refineries have gone offline due to the recent storm in Texas, according to AAA. The national average price for gas jumped seven cents to $2.58 per gallon. The four-day increase is a result of all major Gulf Coast refineries being affected by the recent storm, according to
Read More...Global wholesale natural gas prices declined in 2019 to reach an average of $3.88 per million British thermal units (MmBtu) – a level not seen since 2016, according to the International Gas Union (IGU). The decline largely reflects the impact of rising global gas supply, which in turn led to sharp falls in spot prices
Read More...More than 200 companies in North America have filed for bankruptcy from 2015 through November 2018, and the list continues to grow, according to OilPrice.com. Combined, the 208 companies that have gone bankrupt accumulated $121.7 billion in debt, according to a new report from law firm Haynes and Boone. Since the last update from Haynes and Boone
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. How NOT to Influence People and Win Friends This may be the tipping point for over-the-top, jump-the-shark, wolf crying by those trying
Read More...Low natural gas prices have left Pennsylvania property owners with diminished royalty checks, despite record amounts of gas being pulled from the commonwealth’s shale plays, according to the Pittsburgh Post-Gazette. The low prices, driven by a supply that has outpaced demand, have angered shareholders and forced shale companies to slow new development. Meanwhile, royalty owners
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