(Oil & Gas 360) – With slightly less than a month left before his annual global night of magic, Santa received a lengthy Christmas list after this year’s COP 29 climate action conference in Azerbaijan. The group and the International Energy Agency (IEA) have cited five key areas. They look to triple renewable energy capacity while doubling energy efficiency. Another major
(Oil & Gas 360) – After three decades of foreign policy based on Fukuyama’s End of History, The Strategy of Wishful Thinking, it is over. Trump is putting his foreign affairs team together and we do not know what strategy they will develop, and we may not know for a while. Marco Rubio, Pete Hegseth, Tulsi Gabbard, John Ratcliffe,
(Oil & Gas 360) – Global food producer Mars has announced a nearly $50 million initiative focused on its cows and candy to halve greenhouse gas emissions by the end of the decade and become Net Zero by 2050. Mars’ “Moo-ving Dairy Forward” sustainable dairy plan seeks to find links in Mars’ supply chain that will allow it to cut methane
(Oil and Gas 360) – While Temperatures Delightfully Mild Keep The Consensus Natural Gas And Oil Bearish, Deep Data Continues Showing Bullish, Supply/Demand Trends. Our prediction, that many will soon be caught oil and natural gas short is based on our decades of analysis of The Climate and constant focus on the economy and markets. Last week last year natural gas produced
(Oil & Gas 360) – It appears that a Christmas miracle of sorts would be required if Wyoming is to keep a 32-year coal production streak alive. Coal, for decades the biggest source of revenue for the Cowboy State, is going to struggle to meet a 200 million metric ton production level for 2024. Failure to do so would mark the
(Oil & Gas 360) – Apparently looking not to be outdone by two U.S. senators urging legislation to prioritize five critical minerals, Arizona Senator Kyrsten Sinema and Utah Senator Mike Lee introduced the Critical Mineral Consistency Act in the U.S. Senate to streamline permitting for critical mineral mining projects with a particular focus on copper. Arizona and Utah are the
(Oil & Gas 360)—Bipartisan legislation introduced by Senators John Hickenlooper (D) of Colorado and Thom Tillis (R) of North Carolina has recently brought some welcome news to America’s beleaguered domestic mining industry. The National Critical Minerals Council Act aims to foster partnerships with allied nations and private companies on critical mineral projects to reduce U.S. reliance on foreign rivals. As
(Oil & Gas 360) – Much needing to be done and greater freedom for seeing and doing it, the direction we head needs a very profitable drilling boom fueling it. Low expectations and Buy-Low opportunity is evident in the crude oil price down from over $90 to under $70. June through September last year the price of West Texas Intermediate
(Oil & Gas 360) – After ten years and tens of millions of dollars, Uinta Basin oil producers are hoping to end 2024 on a positive note when the Supreme Court will review an earlier lower court ruling by the U.S. Court of Appeals finding that inadequate environmental analysis should preclude construction of a nearly 90-mile rail line to deliver oil
(Oil & Gas 360) – Home to some of the highest electricity prices on the planet, England is promoting a Demand Side Response (DSR) program to incentivize people to “adjust” their electricity consumption at peak periods. Incentives include coupons for consumer goods and credits on people’s credit cards with similar incentives for businesses as well. DSR skeptics say the program isn’t
(Oil & Gas 360) – Much needing to be done will need much more, consensus-beating oil & natural gas. Especially because the climate has expectations that are extra low. The climate, delightfully mild is also helping deflate oil demand, prices and expectations. While infrastructure trends are reducing the quantity of oil keeping us warm and healthy through Winter, the last
(Oil & Gas 360)—One of the more closely watched state initiatives in this election with potential national ramifications is one in Washington State that would make it more difficult and costly to use natural gas in housing construction and business operations. Initiative 2066 seeks to protect energy consumers’ rights to have a natural gas option for power. While Washington state has
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