Powering the Planet

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oil and gas

Oil rig in North Dakota winter

Lessons from the Bakken

The New York Times recently profiled Harold Hamm, Continental CEO Resources chairman emeritus, and noted how Hamm is advising Trump to go all in on fossil fuels. This should surprise no one as Harold Hamm is a one-trick pony. His one trick is making bold promises about the future of

big rig climbing hill

Gluttons For Punishment: Oil Industry Doubles Down Against Reality

The world is facing a multi-year oil glut where the oil producers will be pumping more oil out of the ground than the world is using. This will keep oil prices at low levels – likely well below the level that most US shale oil producers can make a profit. But

Replica of America's first oil well

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.

Permian gas distribution infrastructure

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%

Clean energy growth is powering the West Texas oil industry. Wind turbines tower over an oil pump jack

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

LNG export terminal on U.S. Gulf Coast. Credit: Justin Mikulka

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

LNG tanker being loaded in Louisiana for export of U.S. LNG to China.

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.