The Oil & Gas Industry Capital of the World’s Newspaper: Totally Ignorant of the Oil & Gas Industry

Guest ROTFLMFAO in Houston by David Middleton U.S. smart to delay expansion of offshore drilling [Editorial]By The Houston Chronicle May 5, 2019 Drill baby, drill? Not so fast—and thank goodness. The Trump Administration has put on hold indefinitely plans to vastly expand offshore drilling by opening up billions of acres of water for oil-and-gas leases in…

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Fossil Fuel Divestment: “A really futile and stupid gesture” according to Yale-educated climate activists.

Guest skewering by David Middleton Yale’s Endowment Won’t Divest from Fossil Fuels. Here’s Why That’s Wrong. JENNIFER STOCK & GEREMY SCHULICK MARCH 8, 2019 Two climate activists and Yale alumni confront the arguments of Yale’s chief investment officer, arguing that he must summon the moral clarity to end support for fossil fuel companies. At my…

Divestment Delusions Part Deux: Trillions Under Management

Guest ridiculing by David Middleton This is sort of a sequel to yesterday’s post about “Weepy Bill.” How often have you seen grandiose statements like these in moronic articles about fossil fuel divestment movements? Global Fossil Fuel Divestment Movement Reaches $6.24 Trillion in Assets Under Management The new divestment report, by Arabella Advisors, calculates that…

Bloomberg Oil Strategist: “Oil Prices Are Down. Nobody Told the Gas Pumps”… Next Time, Maybe Do a Little Research!

  Guest Bloomberg Oil Strategist Correcting by David Middleton Oil Prices Are Down. Nobody Told the Gas Pumps Julian Lee 19 August 2018 (Bloomberg Opinion) — Oil’s popularity isn’t what it used to be. […] Although dollar-denominated crude prices are currently around 40 percent below their level just before the 2014 price crash, the same…