Tag Archives: Energy

Don’t cry over spilled milkshake.

Taylor Energy lost a major oil facility near the mouth of the Mississippi River during Hurricane Ivan (2005). A mudslide, a massive flow of unstable sediments, sheared off the platform and all of its wells. The sheared stubs are buried … Continue reading

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An energy boom looms, despite Obama. #rsrh

The great craziness here is that even if you believe green-energy production is the ultimate answer for us, it will take years to get there unless sustained poverty is your game. Otherwise, we absolutely need oil, gas and coal. We … Continue reading

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Brazil Signs Giant Oil Deal With China. Sorry, Obama. #rsrh #bestcustomer

From the Washington Times: China gets jump on U.S. for Brazil’s oil The United States wants it, but China is getting it. Less than a month after President Obama visited Brazil in March to make a pitch for oil, Brazilian … Continue reading

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Energy: Dejà Vu at the SOTU

We’ve heard it all before, except now the message has been repackaged to deal with the evolving reality in the Energy Sector. In “fossil fuels”, we have two big success stories: the Shale Revolution and the continued success of domestic … Continue reading

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Refiners Pay $Millions in Fines For Not Using Nonexistent Fuel. #rsrh

A Fine for Not Using a Biofuel That Doesn’t Exist WASHINGTON — When the companies that supply motor fuel close the books on 2011, they will pay about $6.8 million in penalties to the Treasury because they failed to mix … Continue reading

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More Mush from the Times

In a New York Times editorial celebrating the recent demise of the ethanol subsidy, the Old Grey Lady once again descends into outright falsehood to malign the industry that liberals love to hate: Congress should now focus on the oil … Continue reading

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Gas Prices Reach New Highs as Gas Prices Hit Record Low

On an annual basis, retail gasoline prices hit an all-time high in 2011. The average price for all grades was $3.576 per gallon, vs $3.299 in 2008. Meanwhile, the shale gas revolution has set the stage for declining prices per … Continue reading

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Offshore O&G Lease Sale: Small Companies Stay Away in Droves

On Wednesday of the week just past, the Department of the Interior conducted the first sale of oil and gas leases in the Gulf of Mexico since BP’s Macondo oil spill. Measured by the statistics touted in Interior’s press release, … Continue reading

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In Defense of a Democrat

In its never-ending quest to stop the peril this country faces from natural gas, the New York Times takes on Rep. Dan Boren, the sole Democrat in Oklahoma’s congressional delegation. He co-chairs the House Natural Gas Caucus and serves as … Continue reading

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Dem Senators Talk Tough to Cuban Drillers #rsrh

Never mind the fact that Cuba is a sovereign nation… Senators float plan to thwart Cuban oil drilling Two Senate Democrats critical of Cuban offshore oil drilling plans are floating legislation that would hold companies liable under a major U.S. … Continue reading

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