The End of the U.S. LNG Bubble
For the U.S. LNG industry to make money it will require many factors all to align in the "Goldilocks Window" and that outcome is highly unlikely.
Justin Mikulka
Peak US Oil Reveals The True Hoax of the US Shale Revolution
The U.S. shale industry has peaked and it is still in a deep financial hole.
Do Androids Dream of Electric Sheep...Or Just Lie About It?
Due to my obsession with energy markets I get the occasional question from investors. This week I was asked about the AI results on Google for queries about what price of oil Exxon needed to be profitable. I think it’s becoming clear to most rational people that the whole
Methane Insanity
We’ve been warned of inconvenient truths. A movie was made about society’s unspoken agreement to ignore science and reality and the current U.S. regime is making that movie’s head-in-the-sand approach of science denial official policy. Meanwhile, the very real impacts of our changing climate are becoming
The Pivot and the Plague
I’ve been researching and writing about the shale oil and gas industry for over 10 years now. For much of that time I’ve seen the U.S. shale industry treat gas (aka methane) as a waste product. In the Bakken they were flaring and venting up to 25%
LNG: The India Question
The global LNG industry has an economics problem. The main use for LNG (liquefied natural gas) is to burn it to generate electricity. However, there are lots of ways to make electricity these days and importing LNG to then burn it to power gas turbines is currently one of the
The Oil Industry’s Big Bluff
In a recent Wall Street Week video report on oil industry methane emissions there was a great insight into what the oil industry plans to do when it comes to environmental liabilities and the world in general. After hearing how there was potential to plug old oil and gas wells