Diesel fuel is the lifeblood of the supply chain, powering both freight trains and trucks. Supplies of diesel have been tight for years now, and refineries that have been pushing off maintenance for years can’t hold it off much longer. Will maintenance shutdowns create a new spike in diesel prices? Denton Cinquegrana reports for The […]
Offshore Oil Revs Up to Replace Russia
With Russian oil being shunned by many Western countries, the race is on to fill the gap. Companies are ramping up their offshore oil production. Bob Henderson reports for The Wall Street Journal: The $1.2 billion Deepwater Titan sat idle in a Singaporean shipyard for five years, looking like an abandoned cruise ship with a […]
Big Oil Gets Small
Both of America’s largest oil companies, Exxon Mobil and Chevron, are paring back their foreign operations and focusing on a smaller number of projects closer to home. The Wall Street Journal’s Collin Eaton reports: The globe is shrinking for Exxon Mobil Corp. XOM -0.89% decrease; red down pointing triangle and Chevron Corp. CVX -0.76%decrease; red down pointing triangle as the two largest U.S. oil companies […]
Europe Suffers from Manmade Power Shortages
Europe’s dogged adherence to the green agenda of the Great Reset has wound up coming back to bite the continent. After shutting down most of its coal and a good portion of its nuclear power capacity and coming to rely heavily on Russian natural gas, Europe now finds itself in an unstable power supply situation. […]
The Experts: Blowin’ in the Wind
A Riddle: How much fossil fuel is needed at this moment to back up to supply 90% of the gird. Don’t forget, according to our government, we have “this 100% Clean Electricity thing about 90% solved.” So, it’s easy to wonder, how hard can figuring out the other 10% be? Funny you should ask. As […]
An Energy System that Works?
Energy storage is the Achilles Heel of Climate extremists, explains the Manhattan Contrarian. Despite the climate extremists – the media, academia, most big corporations, and the Executive Branch of the government – apparently controlling all the commanding heights of our culture, Francis Menton advises doubters not to worry. Why Not Worry? The Big Blowback What […]
Not as Easy as It Looks …
… Replacing Efficient Energy with Renewables? Francis Menton has long warned that there is no demonstrated workable replacement for fossil fuels other than nuclear. But thousands of bureaucrats are committed to the goal of eliminating fossil fuels, he adds in the Manhattan Contrarian, most of whom, he writes, are set against nuclear. Apparently, some Massachusetts […]
Is Buying Renewable Power for South America Really a Foreign Policy Priority?
In Foreign Policy, Benjamin N. Gedan attempts to make the case that American taxpayers should pay for South America’s renewable energy revolution. Currently, it’s against the law for the U.S. to fund many of the countries in South America because they make too much money. But Gedan has found a loophole he wants to use […]
The UK Trapped in a Blind Alley
Cry for the UK, because it has hit the Green Energy wall, And it is not just the UK, reports Francis Menton in his Manhattan Contrarian. Germany and California are in a similar Blind Alley of their own making. In the cul-de-sac, you are trapped with no evident way of getting out. You might be […]
Sing Loud and Long – an Ode to Natural Gas
In a letter to the editors of the WSJ, a reader writes about how natural gas aided a NY neighborhood after Hurricane Hazel struck upstate New York in 1954. Hurricane Ian helped him remember his childhood. We lived in the Niagara Mohawk service district and, this being the age of Reddy Kilowatt, many of the […]