On June 30th the second quarter and first half of 2023 came to a close. The S&P 500 returned 8.3% for the quarter, but that…
I am sure many of us have entertained fantasies of making some remarkable discovery that changes the world for the better. For one reason or…
Every few years, a company announces that it is attempting to commercialize the production of fuel from air and water. To be clear, there are…
One of my 2023 energy predictions was that the U.S. would set a new annual oil production record this year. As we approach the midpoint of the…
Over the past 15 years, the United States has undergone a significant transition away from coal-fired power plants. This transition is being driven by several…
On May 22, 2023, Chevron announced that it had entered into a definitive agreement with PDC Energy, Inc. Chevron will acquire all of the outstanding…
Every time I address the topic of energy independence, it spurs a lot of interest. But people also get confused about the subject. In the…
A friend informed me that my previous article on energy independence was mentioned in a TikTok video. As I write this, the video has over…
One of my 2023 energy predictions was “Total U.S. oil production will again rise, and set a new annual production record.” The previous annual record…
In 2019, the International Energy Agency (IEA) released Nuclear Power in a Clean Energy System, which highlights the importance of nuclear power in decarbonizing the…
Last week House Speaker Kevin McCarthy released a proposed debt limit bill that he says would “responsibly raise the debt limit into next year.” The…
Nuclear power has been a source of electricity in the United States for more than 60 years. The first nuclear power plant in the U.S.…
Following my recent article detailing Average Gasoline Prices Under The Past Four Presidents, I received a flurry of feedback. Some commenters were angry about a…
In the previous article, I reviewed gasoline prices under the past four presidents. I only went back that far because gasoline prices were pretty stable…
There is a narrative that I hear from time to time that President Biden made billions of dollars for the country by selling oil from…
There’s an old adage for commodities that says, “the cure for high prices is high prices.” The inverse is true as well. In fact, I…
In June 2022, driven by a combination of the Russian invasion of Ukraine, an economic recovery from Covid-19, and arguably certain policies of the Biden…
According to the 2022 BP Statistical Review of World Energy, Venezuela has more proved oil reserves than any other country in the world. Venezuela’s 304 billion…
During President Biden’s 2023 State of the Union Address, he relayed an anecdote that I believe explains his stance toward the oil and gas industry.…
In late January Chevron announced fourth quarter and full year 2022 results. Chevron earned a record $36.5 billion profit in 2022, more than doubling 2021…