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Index » Radio Paradise/General » General Discussion » Oil, Gas Prices & Other Crapola Page: 1, 2, 3, 4, 5, 6, 7, 8  Next
Post to this Topic
Red_Dragon

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Location: Dumbf*ckistan


Posted: Feb 2, 2024 - 5:07am

Exxon beats estimates, ends 2023 with a $36 billion profit
R_P

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Gender: Male


Posted: Mar 8, 2023 - 12:25pm

India's oil deals with Russia dent decades-old dollar dominance
rgio

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Location: West Jersey
Gender: Male


Posted: Feb 20, 2023 - 5:59am

 R_P wrote:

I'm all for stopping all oil subsidies, but the headline is as much a statement of the war in Ukraine's impact as it is about misguided policy.  True policy change has to occur over time, with support for those who will struggle to pay their bills if energy costs skyrocket.  Might require some government intervention into all of those massive profits.  
R_P

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Gender: Male


Posted: Feb 20, 2023 - 12:30am

Fossil-Fuel Subsidies Hit Record $1 Trillion in 2022, IEA Says - Bloomberg
R_P

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Gender: Male


Posted: Feb 16, 2023 - 1:50pm

Texas wracked by magnitude 5.4 earthquake, the state’s fourth-strongest ever
U.S. Geological Survey indicates quake could be related to oil industry activity
R_P

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Gender: Male


Posted: Feb 15, 2023 - 10:16am

 black321 wrote:

Interesting story

The Massive Gas Field That Europe Can’t Use
Earthquake risks in the Netherlands have locals unwilling to plug the Russia-related energy shortfall.

https://www.bloomberg.com/news...


As the story points out that's been going on for a long time. Similar to other countries' fracking practices and their consequences.

The latest I read on it was that the Crown's lawyer has filed an appeal to what presumably was a successful class action against the state.

black321

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Location: An earth without maps
Gender: Male


Posted: Feb 15, 2023 - 9:45am

Interesting story

The Massive Gas Field That Europe Can’t Use
Earthquake risks in the Netherlands have locals unwilling to plug the Russia-related energy shortfall.

https://www.bloomberg.com/news...
black321

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Location: An earth without maps
Gender: Male


Posted: Jan 26, 2023 - 12:44pm

Refinery turnarounds, and China now back open...expect prices to jump over the next weeks/months. 
ScottFromWyoming

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Location: Powell
Gender: Male


Posted: Jan 26, 2023 - 11:47am

Justine texted me yesterday to fill up at the one place in town that was still under $3; this morning they're at $3.37. That's up 42¢ overnight, the other stations went up more than that as she was out driving around.
Red_Dragon

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Location: Dumbf*ckistan


Posted: Jan 17, 2023 - 1:45pm

Big Oil's good times set to roll on after record 2022 profits
Red_Dragon

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Location: Dumbf*ckistan


Posted: Dec 9, 2022 - 4:10pm

Big Oil does little to act on climate despite vows -U.S. House panel
kurtster

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Location: where fear is not a virtue
Gender: Male


Posted: Jul 21, 2022 - 10:59am

 Steely_D wrote:
 kurtster wrote:
So I was cleaning up my desk and found this ... Thanks Joe, er I mean Vlad ...
 

Were you buying SkyChief?

 
Nope, Flying A ... eh ?

It won't embed ...

https://www.youtube.com/watch?v=RnUlPXltBhU

but this one will ...  I think you might enjoy this one, too.

.
Steely_D

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Location: Biscayne Bay
Gender: Male


Posted: Jul 21, 2022 - 10:20am

 kurtster wrote:
So I was cleaning up my desk and found this ...

Thanks Joe, er I mean Vlad ...


Were you buying SkyChief? 


kurtster

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Location: where fear is not a virtue
Gender: Male


Posted: Jul 21, 2022 - 10:08am

GAS RECEIPT SAM'S CLUB 1.89
So I was cleaning up my desk and found this ...

Thanks Joe, er I mean Vlad ...
Red_Dragon

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Location: Dumbf*ckistan


Posted: Jul 21, 2022 - 6:43am

Vast sums provide power to buy every politician and delay action on climate crisis...
haresfur

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Location: The Golden Triangle
Gender: Male


Posted: Mar 24, 2022 - 6:14pm

 Animal-Farm wrote:
Quantifying Regional Methane Emissions in the New Mexico Permian Basin with a Comprehensive Aerial Survey Americah Chemical Society. From the Abstract: “We estimate total methane emissions in this area at … 9.4% (+3.5%/–3.3%) of gross gas production.” Seems like rather a lot?


I tried to get funded to do a baseline survey of methane emissions from a potential coal-seam gas region but the government decided it was easier to just ban development. If the industry had any sense they would figure out the background so they don't get blamed for something they didn't produce. If the government had any sense they would demand baseline surveys so they could go after industry for fugitive emissions. But in most cases, neither want to know the answer. It is infuriating.


Animal-Farm

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Posted: Mar 24, 2022 - 12:17pm

Quantifying Regional Methane Emissions in the New Mexico Permian Basin with a Comprehensive Aerial Survey Americah Chemical Society. From the Abstract: “We estimate total methane emissions in this area at … 9.4% (+3.5%/–3.3%) of gross gas production.” Seems like rather a lot?
Animal-Farm

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Posted: Mar 17, 2022 - 11:34am

Is Joe Manchin Lucy or the Football?

Posted on March 17, 2022 by

Yves here. It’s pretty remarkable to see Big Oil via its current favorite front, Joe Manchin, push for “Frack baby, frack” when shale gas will not substitute for Russian oil. And worse, apparently no one in the climate change opposition has bothered to learn enough about oil production and refining to call this nonsense out. Yours truly is NOT on the energy beat. The fact that I’ve worked that “fracking will not solve our Russian oil problem” with only minimal contact with this topic, and supposed full-timers haven’t, is yet more proof of why the left sucks. It can’t get past emotionally-appealing sloganeering to understand how things actually work.

The US needs heavier grades to mix in with very light (shale gas) or light (Saudi light sweet crude) to produce diesel and home heating oil. Russian oil is apparently moderately heavy and therefore a very productive source for diesel and home heating fuel. Absent heavier grades, we have a problem with diesel, already in short supply globally, and home heating fuel. Yes, they apparently can be produced from lighter grades, but those “lighter” grades have shorter carbon chain which means are lower energy density. So using light sweet crude to make diesel is inefficient and will put price pressure on gasoline.

The US was willing to suddenly kiss and make up with Venezuela to get heavy crude for mixing purposes. Even though the Biden Administration had allegedly been thinking of “normalizing” relations with Caracas, it hadn’t done much of anything along those lines. So its plan to make nice in exchange for Venezuela’s oil ran into a firestorm of criticism and the Administration chickened out. And even if that initiative had succeeded, it would not have provided enough heavy sour crude to fully replace the lost Russian supply.


Note the final paragraph — “it backs more near-term oil production, even as it pushes clean energy”.

So is the “White House” — Joe Biden — in favor of more oil and gas production, or opposed to it?

2. Here’s the answer, via Jerri-Lyn Schofield at Naked Capitalism:

Biden Administration Greenlights More Fossil Fuel Drilling Permits in 2021 for Public Lands and Waters than Did Trump in 2017

As he moves into his second year as President, it seems the only promise Joe Biden has made good on is his pledge that “Nothing fundamental will change.”

This promise even applies to policies on climate change where voters might have expected Biden to pursue initiatives that curtailed expansion of the oil and gas industry. No such luck. Instead, Biden seems to be following in the footsteps of the last Democratic president, who proudly and publicly took credit for the oil and gas boom. Positively gloated. And if you don’t believe me, watch the video clip contained in this post, which I posted – again! – less than a fortnight ago (U.S. Interior Department Moves to Block Some Oil and Gas Leasing on Alaska’s North Slope).

The Biden Fossil Fuel Record: Full Speed Ahead for Drilling on Public Lands

And don’t fool yourself about Canadian tar sands. From reader Skeptic:

“Syncrude” from tar sands oil is extremely light after pre-refining and, therefore, maybe not so helpful for diesel. Venezuelan oil is heavy and sour–also has high vanadium which will poison refinery catalysts. They are not good substitutes for each other…

I think the Canadian syncrude is mostly expected to be exported from our Gulf Coast rather than refined in USA. That would be why one of the arguments against Keystone XL is that Canadians should build their own pipeline from Athabasca to a port in British Columbia and not put USA water at risk.


Animal-Farm

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Posted: Mar 16, 2022 - 12:30pm

Oil Companies Lament Rising Price Of Joe Manchin



Image for article titled Oil Companies Lament Rising Price Of Joe Manchin

IRVING, TX—In the wake of global turmoil and worsening inflation, oil companies were lamenting the rising price of Joe Manchin, sources confirmed Tuesday. “With the economy what it is and a split Senate, it seems like the price just keeps going up and up nearly every day,” said ExxonMobil CEO Darren Woods, who was just one of many industry executives left suffering from sticker shock after learning how much the West Virginia senator was now asking for. “It definitely hurts, but what other option do we have? I guess that’s what happens when too many people want access. Then again, maybe it’s on us for not diversifying our Senate power sources.” At press time, several reports indicated that a long line of oil executives waiting outside Manchin’s door had begun to wrap around the block.



rgio

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Location: West Jersey
Gender: Male


Posted: Mar 16, 2022 - 10:51am

 Red_Dragon wrote:
Thanks Joe!  Imagine how much they would have gone down if not for the Russian embargo!!!



(of course, this is an over-reaction...just like blaming him for the dramatic increases).

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