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Keyword: fracking

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  • US Frack Growth Constrained In “Perfect Storm”: Problems of Frac sand and labor shortages, elevated inflation, and limited frac fleets won't be resolved this year.

    07/31/2022 9:43:52 PM PDT · by SeekAndFind · 11 replies
    ZUBU Brothers: Market Knowledge Services ^ | 07/31/2022 | Tyler Durden
    Last week, Halliburton Co.'s CEO Jeff Miller warned hydraulic fracturing equipment is in short supply and could hamper fracking growth. Another oil/gas executive echoed the same warning this week and said bottlenecks could persist through 2023. "Availability of frac fleets is one of main bottlenecks impeding oil and natural as production growth for the next 18 months," Robert Drummond, chief executive officer of fracking firm NexTier Oilfield Solutions, told Reuters. Besides supply chain snarls, Drummond warned that capital constraints would make adding equipment to fields challenging. He said this imbalance could take several years to correct, adding that NexTier has...
  • FLASHBACK: Here's why gas is up $2 since Biden took office (NOT pootski!)

    05/22/2022 6:47:24 AM PDT · by rktman · 39 replies
    wnd.com ^ | 5/21/2022 1759 hrs edt | Art Moore
    While the Biden administration continues to insist the record high prices at the gas pump are largely due to Russia's invasion of Ukraine, a video montage of the president's vows during the 2020 campaign to crush the industry that provides the vast majority of energy, along with his actions on his first day in office, suggest there are other factors in play. In a July 2019 primary debate with his Democratic Party opponents hosted by CNN, Biden was asked, "Would there be any place for fossil fuels, including coal and fracking, in a Biden administration?" No," he replied. "We would...
  • Putin’s Useful Idiots: How U.S. Climate Extremists Are Funding Russia’s Agenda

    05/19/2022 11:21:24 AM PDT · by Kaslin · 35 replies
    The Federalist.com ^ | May 19 2022 | Victoria Coates and Jennifer Stefano
    The desolation of U.S. energy security has bolstered Vladimir Putin’s dangerous geopolitical aims.Russia’s invasion of Ukraine is illuminating an ugly truth: the anti-fracking war on America’s energy security is being waged by well-funded, radical U.S. environmental groups, as well as interests tied directly to Vladimir Putin. For years, the U.S. government has investigated Russian financial ties to environmental groups that push for ending U.S. fossil fuel production and have successfully shut down fracking sites and pipelines, to the detriment of U.S. workers and consumers. Who benefits? Putin, because the desolation of U.S. energy security has bolstered state-owned Gazprom and his...
  • Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall

    05/08/2022 12:10:56 PM PDT · by Hojczyk · 31 replies
    Techilive ^ | On May 7, 2022 | Nick J Adam
    Much of the U.S. shale industry recently reported higher profits than in the same quarter a year earlier, but companies aren’t reinvesting more in production—indeed, some have let U.S. output slip as they focus on paying investors. Nine of the largest U.S. oil producers this week said they shelled out a combined $9.4 billion to shareholders via dividends and share repurchases in the first quarter, about 54% more than they invested in new oil developments. Limited spending, supply-chain constraints and harsh winter weather in some regions, analysts said, took a toll on shale production, which has increased only modestly so...
  • Will Iranian Oil Extinguish the Fire in Ukraine?

    04/16/2022 4:13:06 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | April 16, 2022 | Majid Rafizadeh
    Ever since the international community aimed to punish the Iranian regime for its illicit nuclear activities and its support of global terrorism and regional warmongering, Tehran has tried to find ways to sidestep the sanctions regime through money laundering, smuggling and hostage taking. In March 2021, in his new year’s address and three months before installing Ebrahim Raisi as the new president, the Iranian regime’s Supreme Leader Ali Khamenei gave instructions about how to steer the regime away from being vulnerable to sanctions. “Our emphatic advice to the officials of our country, whether those who are now in office or...
  • Democrats’ Risky Keystone Bet

    04/15/2022 7:30:22 AM PDT · by Brilliant · 13 replies
    wsj ^ | Kim Strassel
    ...It pits... unapologetic progressive firebrand against a centrist... for now—the uber-liberal is running away with it. With a month to the... primary, Mr. Fetterman claims a significant fundraising advantage over Mr. Lamb and a substantial lead in the polls... The Lamb formula is a savvy combination of support for key party priorities and independence on issues that resonate with centrist Pennsylvanians. He’s pro-choice, favors Build Back Better and a federal voting takeover, and has even called for getting rid of the filibuster. At the same time, he’s in favor of fracking... has voted for more border security, and... voted for...
  • How Russia Reportedly Funded Attacks on U.S. Energy Independence

    03/29/2022 4:05:42 PM PDT · by ameribbean expat · 23 replies
    As an American 501(c)(3) foundation, Sea Change must disclose what funds it received from the Bahamas, but a Bahamian company or trust is not required to disclose the source of its funds. The Banks and Johnson letter states that: “According to Sea Change’s tax filings, in 2010 the group received $23 million, half of its annual contributions, from a Bahamian shell corporation linked to the Russian government. Sea Change then passed that money on to groups like the Sierra Club and the Center for American Progress that lobbied politically against fracking (…) In 2020, the Center for American Progress donated...
  • How fracking could cushion oil price shocks

    03/07/2022 3:52:02 AM PST · by TigerLikesRoosterNew · 19 replies
    Phys.org ^ | MARCH 4, 2022 | University of Pennsylvania
    How fracking could cushion oil price shocks by University of Pennsylvania Fracking, or the extraction of oil and gas from shale rock formations, is suddenly more attractive with the surge in oil prices fueled by Russia's invasion of Ukraine. The conflict threatens disruption of natural gas flows from Ukraine to Europe, while oil companies with interests in Russia could be caught in the crossfire of sanctions by the U.S. and European countries. A recent research paper by experts at Wharton and elsewhere titled "A World Equilibrium Model of the Oil Market" makes the business case for fracking as a viable...
  • Evil Soros & Russia Funded the Same US Anti-Fracking Enviro Groups

    03/05/2022 9:08:17 PM PST · by bitt · 13 replies
    www.independentsentinel.com ^ | 3/5/2022 | m dowling
    Liberty Daily posted a Climate Depot article about a congressional report in 2018 detailing “Russian attempts to influence” and fund environmental groups to oppose fracking in Europe and the U.S. The reason is obvious since Russia relies on oil and gas exports for its very survival. There is more to this story. George Soros gives to the same groups surreptitiously. We reported this in 2018 after The Daily Signal summarized the involvement of Russia and George Soros, who now has operatives employed in the White House. Russia funneled money to a corporation that funds radical environmental groups that are vehemently...
  • Russia Collusion exposed in 2018: Congressional report detailed ‘Russian Attempts to Influence’ & Fund Environmental Groups to Oppose Fracking in Europe & U.S.

    03/05/2022 8:27:04 AM PST · by Enterprise · 14 replies
    https://www.climatedepot.com ^ | March 4, 2022 11:16 AM | Marc Morano
    From 2018 Congressional Report: "A Republican staff report by the Senate suggests that Russian funds have been funneled through off-shore corporations and passed on to U.S.- based environmental activist organizations with the intent to effect political change." ...In January 2017, the Office of the Director of National Intelligence issued a report stating there is “clear evidence that the Kremlin is financing and choreographing anti-fracking propaganda in the United States.” ...
  • WE ARE STILL IMPORTING 595,000 RUSSIAN OIL BARRELS PER DAY

    02/28/2022 9:07:40 AM PST · by george76 · 58 replies
    Pacific Pundit ^ | February 23, 2022
    The green nutters in this country, like basically all Democrats are obviously on the side of Russia. While they prevent oil drilling and fracking on US lands, and Biden kills the Keystone XL pipeline, this country continues to import nearly 600,000 barrels of Russian oil per day. You have to ask yourself, why the hell are we still important Russian oil with the “threat of war” with the Ukraine, if Putin is such a baddie? The answer is simple. As is the case with communist China, communist Democrats love Russia and envy Putin. They would never cut off his oil...
  • Why Frackers Are Returning to Abandoned Oil Patches in Droves..For consumers, high oil prices are a headache; for drillers, they are an opportunity.

    02/23/2022 9:42:45 AM PST · by Red Badger · 20 replies
    https://ourgoldguy.com ^ | Wed Feb 23, 2022 | by Jon Miltimore
    Less than two years after the price of oil briefly plummeted to roughly negative $37 a barrel, an oil boom is underway in America—even in places where drilling was all but abandoned two years ago. “Private oil producers are leading an industry return to places like the Anadarko Basin of Oklahoma and the DJ Basin in Colorado, where drilling had almost completely stopped in mid-2020,” reports The Wall Street Journal. The Anadarko Basin, for example, has surged from just seven active drilling rigs to 46, according to energy analytics firm Enverus, while the DJ Basin in Colorado saw its number...
  • California denies most fracking permits ahead of 2024 ban

    11/24/2021 9:00:57 PM PST · by artichokegrower · 17 replies
    KCRA ^ | November 24, 2021 | AP
    California regulators haven't approved permits for the controversial oil and gas extraction process known as fracking since February, effectively phasing out the process ahead of Gov. Gavin Newsom's 2024 deadline to end it. The state's Geologic Energy Management Division, known as CalGEM, has rejected an unprecedented 109 fracking permits in 2021, the San Francisco Chronicle reported. That's the most denials the division has issued in a single year since California began permitting fracking in 2015. Fifty of the permits, mostly from Bakersfield-based Aera Energy, were denied based solely on climate change concerns.
  • ‘Gasland’ Director Josh Fox Triggered by Kyle Rittenhouse’s Face, Says Teen ‘Murdered My Brothers’

    11/15/2021 10:06:29 AM PST · by rktman · 52 replies
    breitbart.com ^ | 11/14/2021 | warner todd houston
    Left-wing documentary director Josh Fox pleaded with Twitter users on Friday to stop showing Kyle Rittenhouse’s face because, in his view, the Illinois teenager “murdered my brothers.” Fox, who is the director of the debunked anti-fracking documentary Gasland and eventually downgraded to a contributor for The Young Turks, immediately saw his content policing backfire with a wave of pro-Rittenhouse memes in the replies. The filmmaker insisted that he “needed” everyone to start posting “warnings” in posts containing images of the teenager who is standing trial in Wisconsin. Fox is so triggered by the images of Rittenhouse that he is demanding...
  • History reveals the ridiculousness of 'climate change' hysteria

    09/25/2021 8:54:08 AM PDT · by rktman · 24 replies
    Americanthinker.com ^ | 9/25/2021 | Bob Weir
    For several decades, we've been harangued by left-wing harbingers of doom, screeching at 140 decibels that global warming — i.e., the gradual heating of Earth's surface, oceans, and atmosphere — is caused by human activity, primarily the burning of fossil fuels that pump carbon dioxide (CO2), methane, and other greenhouse gases into the atmosphere. They lecture us about the long-term rise of the planet's temperature, caused by our shameful carbon footprints, which we selfishly use to drive our cars, air-condition our homes, and generally enjoy comfortable lives. "How dare you?" They want us to believe that the planet Earth, one...
  • Mysterious shaking rattles north Phoenix neighborhood homes

    09/21/2021 10:15:31 AM PDT · by hsmomx3 · 47 replies
    AZ Family ^ | 09/21/21 | Kim Powell
    PHOENIX (3TV/CBS 5) - Homeowners near 35th Avenue and Pinnacle Peak Road say there has been a mysterious rattle that is happening more consistently and frequently. "It was just a jolt at first and we'd feel it like 2 or 3 times out of the year," said Timothy Jackson. "As of yesterday, it was about 20 times every hour, just a steady shake." Timothy has videos of his windows rattling during one of the episodes. He said he built his home in 2000 and the shaking started about five years later--but it's never been this bad. "It rattles in the...
  • Pennsylvania Town Saved By Fracking Fears Biden Will Kill Its Prosperity

    05/18/2021 5:25:06 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | May 18, 2021 | Salena Zito
    CANONSBURG, PA. -- Thirty years ago, Jason Capps was a young man with ambition, but when he looked around this town near Pittsburgh, where he grew up, all he saw were opportunities slipping away. The coal mines where his father worked were dying; the glass, steel, and manufacturing industries were on their last legs. In 1987, when Capps graduated from high school, the unemployment rate was at a staggering 12%. "My ability to carve out a future here was limited at best, impossible at worst," he said. "So I left." Capps, 51, became a chef and traveled the country honing...
  • Gavin Newsom to Phase Out Fracking in 2024, End Oil Extraction in California by 2045

    04/23/2021 11:07:44 PM PDT · by knighthawk · 19 replies
    UK Daily Mail ^ | April 23 2021 | JOEL B. POLLAK
    California Governor Gavin Newsom (D) announced Friday that he would end new permits for hydraulic fracturing (“fracking”) in 2024, and would ask state regulators to explore ways to end the extraction of oil entirely in the state by 2045. Newsom’s statement confirmed earlier reports about his decision to end fracking, which contradicted his claim last September that he could not end fracking in the state through executive action alone, and would need the legislature to pass a bill:
  • Pennsylvania town saved by fracking fears Biden will kill its prosperity

    04/11/2021 11:24:49 AM PDT · by Hojczyk · 25 replies
    New York Post ^ | April 10, 2021 | By Salena Zito
    Thirty years ago, Jason Capps was a young man with ambition, but when he looked around this town near Pittsburgh, where he grew up, all he saw were opportunities slipping away. The coal mines where his father worked were dying; the glass, steel and manufacturing industries were on their last legs. In 1987, when Capps graduated from high school, the unemployment rate was at a staggering 12 percent. “My ability to carve out a future here was limited at best, impossible at worst,” he said. “So I left.” Capps, 51, became a chef and traveled the country honing his skills....
  • Haaland confirmed as Interior secretary (Radical anti-fossil fuel activist with control over O&G/coal resources on Federal lands)

    03/16/2021 2:10:31 PM PDT · by CedarDave · 16 replies
    The Albuquerque Journal ^ | March 16, 2021 | Ryan Boetel
    New Mexico Democrat Representative Deb Haaland was confirmed as the next secretary of the Department of the Interior on Monday, making her the first Native American Cabinet secretary in the country’s history. Senators voted 51-40 to confirm Haaland, who was strongly supported by advocates for conservation and Native American issues. She will soon lead an agency critical to the Biden administration’s efforts to confront climate change. Haaland said the confirmation was another crucial step in increasing Native American “visibility.” Haaland will soon be leading a federal agency with wide-ranging responsibilities on public lands throughout the country. The Interior Department approves...