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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.

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

Adventures in LNG Investing

LNG investors learning hard lessons about the major economic challenges facing US LNG exporters.

THE HARMS OF US LNG – FROM CALCASIEU PASS TO PUERTO LIBERTAD

The U.S. is working hard to get the rest of the world hooked on expensive and dirty liquefied natural gas (LNG) and is getting plenty of help from the banking system in other countries like Japan. The example I will focus on today is the proposed Mexico Pacific LNG

End Game: US Gas Reserves Edition

While it is now becoming clear to more people that the U.S. oil boom is about to end, very few people are talking about what that means for U.S. natural gas production. Few also are mentioning that some of the major shale gas plays like the Marcellus and

BLOWDOWNS: INVISIBLE OIL AND GAS SPILLS IN OUR AIR

There is a massive methane spill happening in the Permian and the rest of the oil and gas fields in America and it has been going on for decades. It continues because, unlike the BP Horizon disaster, no one can see it.

The Cleanup Bill for the Fracking Boom is Already Here

In 1990 officials were warning the government that they needed a plan to make sure the costs to clean up the mess being made by the oil industry were not passed on to the public. If the public wants to avoid picking up the tab for the oil tycoons, it better get a plan of its own in place.

America’s Oil and Gas Export Delusions

The true hoax of this energy transition is the idea that the U.S. has unlimited oil and gas that is just waiting to be produced as soon as those tree-hugging liberals stop standing in the way.

Our Methane Blindspot

Methane is getting some attention as we learn new information on the severity of the problem of methane emissions in the oil and gas industry but it remains a distant second in the world's efforts to reduce greenhouse gas emissions. Unfortunately, despite all of the good intentions (e.