Russian oil minister Alexander Novak warned Tuesday that global oil prices could hit $300 per barrel in the event of an import ban. Novak went onto suggest that Russia could shut down the Nord Stream 1 pipeline, which supplies much of Europe’s natural gas needs, in retaliation for a...
Fallout from the Russia/Ukraine crisis is dropping like so many bombs on big oil companies that had entered into various deals with Russian oil companies since the fall of the Soviet Union 1990. That fallout promises to create collateral damage of its own in the weeks and months to...
During the leadup to the 1968 Super Bowl between the Baltimore Colts and the New York Jets, Jets quarterback Broadway Joe Namath became famous for boldly guaranteeing that his team would defeat the heavily-favored Colts. Sure enough, the Colts offense failed to produce points and Namath led the Jets...
On Tuesday, a day when BP announced its estimate that global demand for crude oil has again reached 100 million barrels of oil per day, and a day when OPEC+ announced 6 of its 13 member countries have been under-producing their supply quotas in recent months, management at Diamondback...
As Joe Biden and the world’s elites make plans to hop on their private jets and fly over to Glasgow on Halloween to attend the UN’s COP26 climate summit, Biden’s plans to go green are falling apart. Oil prices are through the roof, gas prices are through the roof,...
Meridian Energy Group, Musket Corporation Finalize Offtake Agreement for Refined Products From Meridian’s Davis Refinery
David Blackmon - 0
PRESS RELEASE UPDATED: SEP 28, 2021
Meridian Energy Group
BELFIELD, N.D., September 28, 2021 (Newswire.com) - Meridian Energy Group Inc., a leading innovator in the petroleum-refining industry, announced today that it has entered into a long-term offtake agreement with Musket Corporation, a leading commodity supply, trading and logistics company, for the...
Oct 11, 2021
HOUSTON, Oct. 11, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced its subsidiary, Apache Corporation, has ended routine flaring in its U.S. onshore operations, achieving one of its 2021 ESG goals three months ahead of schedule.
“In early 2021, we set out to eliminate routine flaring...
How the Omerta on Criticism of Wind and Solar is Driving the World to a Massive Energy Crisis
David Blackmon - 0
On Monday, IEA head Fatih Birol the EU Parliament's Energy and Environment Committee that "It is inaccurate and unfair to explain these high energy prices as a result of clean energy transition policies. This is wrong."
This is, of course, utter and complete nonsense. Of course the "clean energy transition...
Jul 19, 2021
Corpus Christi, TX, USA – The Port of Corpus Christi ended June 2021 with a new record quarter and a record first half of the year, moving nearly 80.5 million tons of cargo in the first six months of the year.
The Port’s first-half 2021 total tonnage yielded...
By Ike Brannon
Senate Majority Leader Charles Schumer recently announced that he would take up the multi-trillion dollar budget reconciliation bill later in July, and part of that package will include a variety of tax increases that total over $1 trillion over the next ten years.
It is worth asking how...