The Media is Helping Spread Oil Industry Myths Again
[J]ournalists must also be careful not to believe everything people say. Sometimes, people are mistaken. Sometimes, people lie.’
Justin Mikulka
After $60 Billion Offer from Exxon, Pioneer CEO Changes His Tune on US Oil Industry
Scott Sheffield is one of the most financially successful shale oil and gas CEOs in America. And while he owes this personal wealth in part to producing a lot of oil, it also has helped that he knows how to “talk his book.” Like Exxon CEO Darren Wood, who is
Exxon’s $20 Billion Fraud Lawsuit Continues
“No one I knew in the organization thought this was possible; the pressure to deliver on Woods’ promise to the market permeated the organization.”
We ARE Having the Wrong Debate on LNG Exports
Have you seen the latest messaging from the oil and gas industry public relations machine on LNG exports?
At Heatmap we are told that if we want to know if LNG is bad or good that, “The answer depends on where it’s going and what it’s replacing.”
Which
Peak US Oil Production Looms as the Domestic Shale Boom Ends
It appears that the U.S. fracking boom is ending far earlier than many industry experts and CEOs predicted.
The Economic Case for ‘Blue Hydrogen’ Is Getting Worse. Cue the Lobbyists.
The push to sell “blue hydrogen” as a clean energy fuel — which experts have called a misleading rebrand of fossil fuels — hit another setback this month.
Climate provisions in the Inflation Reduction Act of 2022 are bringing new economic headwinds to the gas-derived hydrogen fuel’s prospects. However, many companies
Oil and Gas’s Pivot to Blue Hydrogen Is Falling Through
By Justin Mikulka. Originally published on July 30, 2022 at The Intercept.
THE OIL AND GAS industry’s plan to convince the world to switch from natural gas to hydrogen made from natural gas is being upended by an unexpected cause: economics.
As the climate emergency has gotten more and