We are urged not to look a gift horse in the mouth, but this isn’t too great a gift. Quebec contributes essentially zero to Canada’s oil production. The declaration is like Bolivia’s banning lobster fishing, or Kansas’s banning mountain climbing.
Category: Fossil Fuels
New Ban on Oil and Gas Exploration, But How Consequential Is It?
Tagged with: Ban on Oil and Gas Exploration
Robert Rapier on the Use of Data
From Energy Analyst Robert Rapier: I never cease to be amazed by people who flatly reject data that are crystal clear. I once had a guy get huffy because he insisted that gasoline prices at the end of Obama’s second …
Tagged with: Strategic Petroleum Reserve (SPR)
Forbes: “No, Former President Trump Did Not Fill The Strategic Petroleum Reserve”
From Senior Contributor to Forbes Robert Rapier: The announcement (that President Biden is releasing one million barrels of crude oil per day from the Strategic Petroleum Reserve to lower gas prices) prompted an odd response from former President Trump. Through …
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Windfall Tax on Big Oil a “No-Brainer”
No offense to the brilliant Robert Reich, but obviously it’s a no-brainer. Just like removing subsidies from the wealthiest enterprise in human history and putting a price on carbon. Any six-year-old can understand why all these things need to happen. …
Biden and U.S. Energy Independence
A reader sent me something to the effect that Biden is at fault for our high gasoline prices, commenting that, from the day he took office, he’s done everything in his power to increase America’s dependence on foreign energy resources. …
Tagged with: American Petroleum Institute blames environmentalists, Biden is at fault for our high gasoline prices, Biden makes the U.S. dependent of foreign energy resources, Fox News says that Biden "has an obsession" for destroying the energy industry in the United States, oil companies are reluctant to ramp up production because of price volatility, reducing our Strategic Petroleum Reserve at a much faster rate than what we're doing now, supply and demand for oil
Biden, Oil, and Disinformation
This from Trump toady Jim Jordan, to which energy investment analyst Robert Rapier replied: Someone should ask him which of these pipelines (see below) are closed. What’s the disconnect here? My best guess is that it’s the reaction to one …
Effects of Biden’s Keystone Pipeline Cancellation
I had a talk with a Republican the other day who told me that Biden, worse than buying oil from the Russians, destroyed America’s domestic oil production on his first day in office. It took me a few moments to …
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Tagged with: Keystone pipeline
Big Oil Board Members Refuse to Testify on Climate Pledges
As a critic of Big Oil put it, “Given all the loopholes and disinformation in their companies’ ‘net-zero’ pledges, it’s no wonder these board members are dodging the committee’s request to testify.” It’s very clear that the battle to phase …
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Tagged with: Big Oil Board Members
Formosa Plastics Wants to Build Huge Petrochemicals Plant
From this piece on Formosa Plastics, which is trying to build a massive 14-acre facility petrochemical complex in Louisiana. If it succeeds, it would double toxic emissions in “Cancer Alley.”
Perhaps Some Justice in the Case of Exxon’s Atrocities in Indonesia
By the time ExxonMobil finally paid restitution to the people whose lives were disfigured by the 1989 oil spill from the Exxon Valdez , more than 8000 of them had died, either of the disease the spill caused, or of …
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