Newsom Energy Policies Moving Californians Anywhere Else! Ronald Stein Ambassador for Energy & Infrastructure, Irvine, California .. .… … [Editor’s Note: Gavin Newsom and his politically correct energy policies are exploding prices and leading to an exodus from the Golden State to anywhere else but California.] Despite Newsom’s statewide policy decisions that are driving up costs
Read More...ESG, Extreme Shortages Guaranteed, Is Pure Insanity! Ronald Stein Ambassador for Energy & Infrastructure, Irvine, California .. .… … [Editor’s Note: ESG is a formula for total energy disaster; politically correct but absolutely insane in terms of meeting the everyday energy needs of our civilization.] Energy growth, electricity and the products made from oil derivatives
Read More...Crude Oil, Not Breezes and Sunshine, Sustains Society Ronald Stein Ambassador for Energy & Infrastructure, Irvine, California .. .… … [Editor’s Note: Crude oil and natural gas are what sustain our civil society as we know it. Breezes and sunshine may be appealing but they don’t come close to what we need.] The transition to
Read More...Biden War on Oil and Gas Yields Record High Energy Prices David Blackmon Editor, Shale Magazine Co-Host, The Oil Patch Radio … … [Editor’s Note: Joe Biden is an angry flailing zombie shoved into a Presidency he can’t handle. His oil and gas policies reflect it, portending apocalypse ahead for consumers.] Seemingly determined to repeat
Read More...refineries Tom ShepstoneShepstone Management Company, Inc. …. …. Mark Mathis rings the alarm over America’s loss of refineries, caused by Renewable Fuel Standards that have yielded yet another “green energy” scam with RINs. Our friend, Mark Mathis, at the Clear Energy Alliance, has produced one of his best videos yet, this time focusing on our
Read More...Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Defeated State Treasurer Talks Super-Pollutants? The office of Pennsylvania State Treasurer is typically just another row office in the Commonwealth. Not
Read More...Tom ShepstoneShepstone Management Company, Inc. …. …. Colder weather? Who knew? The EIA says natural gas use is going up this winter due to this yet again “unexpected” development. The EIA put out a seemingly innocuous Today In Energy post yesterday about projected gas use this winter but it contained a somewhat surprising admission; it’s
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...Crude oil prices rose Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude inventories, Kallanish Energy reports. Gains, however, were held down by continuing worries about the spread of the Coronavirus outside China. The Energy Information Administration reported yesterday crude inventories rose only 414,000 barrels for the week ended Feb. 14, compared
Read More...Crude oil prices rose more than 1% Tuesday on hopes for a U.S.-China trade agreement and optimism Washington could roll back some of the tariffs it has imposed on Chinese imports, Kallanish Energy learns. Brent crude futures gained 84 cents, or 1.4%, to settle at $62.94 a barrel, while West Texas Intermediate crude futures gained
Read More...Crude oil prices were lower Friday, as concerns about China’s economy outweighed strong signals from its refining sector, Kallanish Energy learns. But losses were limited on hopes for progress toward a U.S.-China trade agreement. Brent crude oil futures fell 49 cents, to settle at $59.42 a barrel, while U.S. West Texas Intermediate crude futures lost
Read More...Brent crude oil spot prices will average $59 per barrel in the fourth quarter of 2019, then fall to $57/Bbl by the second quarter of 2020, $5/Bbl lower than forecast one month ago, the Energy Information Administration reported Tuesday in its October Short-Term Energy Outlook (STEO). Despite the recent increase in supply disruptions, EIA expects
Read More...The Henry Hub natural gas spot price averaged $2.56 per million British thermal units (MMBtu) in September, up 34 cents/MMBtu from August, the first monthly price increase since March, the Energy Information Administration reports in the just-released Short-Term Energy Outlook (STEO). EIA/STEO forecasts Henry Hub prices to average $2.43/MMBtu in the fourth quarter of 2019,
Read More...Crude oil rose slightly Monday, after gaining nearly 7% last week, as lingering concerns over global supplies following the Sept. 14 attack on Saudi oil facilities offset prospects for a faster-than-expected restoration of the kingdom’s output and on signs of European economic weakness. Global benchmark Brent futures were up 40 cents to $64.68 a barrel,
Read More...Tom ShepstoneNatural Gas NOW … … A new natural gas record was recently set for use of this energy source in producing electric power that sustains our way of living in this nation, says EIA. The Energy Information Administration (EIA) put out a fascinating article last week that should make the hair go up on
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