Iranian Proxy Damages Saudi Oil Production

Iran Says Any Attack Means ‘All Out War’

Iranian totalitarians have a lot in common with Democrats. They get to poke you, attack you, insult you, smear you, whatever they want. If you dare to even speak of retaliation, they promise all-out war. Well, Iran is behind an attack on the global oil supply. So, guess what?

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Viva La Revolution Venezuela

What happened? Reuters is reporting that Wednesday Venezuelan opposition leader Juan Guaido declared himself interim president. American President Trump formally recognized Guaido shortly after his announcement. Trump praised Guaido’s plan to hold elections. That was followed by similar statements from Canada and a group of Latin American governments including Venezuela’s neighbors Brazil and Colombia. Socialist … Read more

Oil well pump Oil and GDP

USGS Identifies Largest Continuous Oil and Gas Resource Potential Ever

USGS Estimates Include 46.3 Billion Barrels of Oil, 281 Trillion Cubic feet of Natural Gas, and 20 Billion Barrels of Natural Gas Liquids in Texas and New Mexico’s Wolfcamp Shale and Bone Spring Formation. WASHINGTON – Today, the U.S. Department of the Interior announced the Wolfcamp Shale and overlying Bone Spring Formation in the Delaware Basin … Read more

US Oil Exports Increase 80% in 2018 – “Fuel” Job Growth and Economic Recovery

bakken-oil-rig-north-dakota-continental-resources
Bakken Oil Rig – North Dakota

Mr. Obama did a little dance the other day repeating the Trump Derangement Syndrome Narratives while taking credit for the Republican’s Economic recovery. Does that mean that Barry is laying claim to this economic boon?

U.S. crude oil exports saw an 80 percent increase in the first half of 2018 compared to the same period last year, according to the latest data and analysis issued Thursday by the Energy Information Administration.

That’s an increase of 787,000 barrels per day, to set a new monthly record in June of 2.2 million barrels on average per day.

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Data Point – American ingenuity and productivity; Texas

Texas Oil Peak Cyclical Employment             Production Rig Date Workers (BBL/Day) Count         October 2008 211,100 1.125 Mil 925         December 2014 295,100 3.532 Mil 872         March 2018 215,900 4.052 Mil 492 (H/T: Forbes)  

Governor Maggie “Fracking” Hassan

We are right to assume that Democrats favor subsidies for green energy projects, redistribution schemes like the Regional Greenhouse Gas Initiative (RGGI), and renewable energy standards that use government force to require power providers to buy more expensive wind and solar derived electricity to put it into the grid, because they supported, voted for, and … Read more

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