Guyana, Suriname Oil Bonanza to Boost Economies, Help Meet Global Demand

By Vijay Jayaraj -- July 25, 2022 2 Comments

“Equatorial Guyana and Suriname have combined oil reserves estimated to be 17 billion barrels of oil equivalent. The biggest hurdle to the extraction of these reserves could come from lack of capital … if the international climate-industrial complex takes a strong stand against their extraction plans and their own governments acquiesce.”

The poverty-stricken Caribbean countries of Guyana and Suriname have hit the jackpot with the discovery of huge offshore oil reserves that are on track to produce revenue for decades.

Opposition from the United Nations and other anti-hydrocarbon entities might hamper the pace of production but won’t stop it. The global need for more crude is too great, and the economic situation of the two South American nations is too dire.

Suriname has been experiencing double-digit inflation for a while now (35 percent in 2020).…

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Africa Wants Oil and Gas: Not UN/COP Poverty

By Robert Bradley Jr. -- May 2, 2022 No Comments

“When people driving Teslas tell Africa to turn away from hydrocarbons — it’s immoral, it’s wrong,” [Erik] Prince said. “We have real energy poverty across the continent.” (quoted in Bloomberg Green, 11/11/2021)

Oil, gas, and coal are energies for the masses; wind, (on-grid) solar, and batteries/EVs are for the elite. This theme, while old, is more pertinent than ever with the failures of “green” energy policy in a fossil fuel world. Paul Driessen emphasized it in his neglected book, Eco-Imperialism: Green Power, Black Death (Merril Press, 2010). Vijay Jayaraj emphasizes it today in “Climate Colonialists Disrupt African Pipeline, Perpetuate Poverty.”

Such is completely lost at Hot Take, where Mary Heglar titled a recent piece, “It’s Not Climate Denial, It’s White Supremacy.” But maybe Africa does not count to her.…

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Amy Myers Jaffe Disses Oil, Gas, and Houston

By Robert Bradley Jr. -- March 31, 2022 4 Comments

“Amy Meyers Jaffe, Chris Tomlinson, Jeffrey Sachs–so confident, so angry, so wrong about energy. In psychological terms, they are in denial about climate exaggeration and the verdict from energy density for consumer wants and necessities.”

“Other (pre-Jaffe) ‘Kodak Moments’ dissing fossil fuels have been published in 2015 here; 2016 here; 2018 here; 2019 here and here; and 2021 here. Idea plagiarism?”

CERAWeek 2022 was a rude comeuppance for the hyper-critics [haters?] of oil and gas, who found themselves marginalized not only by world events but also by the Biden Administration itself. Drill, baby, drill was the word from DOE’s First Lady. [1] But Houston Chronicle business editorialist Chris Tomlinson had to get his punches in, embarrassingly so given his strong emotions and elephantine conflict of interest.…

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Energy and Environmental Review: January 3, 2022

By -- January 3, 2022 No Comments

Ed. note: This fortnightly Master Resource post excerpts energy and climate material from the Media Balance Newsletter, published every other week by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete MBN for this post can be found here.

Of special interest in this issue is Vijay Jayaraj’s report on Asia’s exciting nuclear-energy future, here.

Greed Energy Economics:
Green energy firms the biggest corporate welfare recipients ever
Thank you Senator Manchin — as he Says No on Build Back Better Green New Deal
Here’s how much energy prices rose in 2021
Europeans Face a $395 Billion Hike in Energy Bills Next Year
NYS Playing a Climate Shell Game with NY Ratepayers

Wind Energy — Offshore:
Texas Public Policy Foundation brings fishermen’s lawsuit against Vineyard Wind
Vineyard Wind Harpooned By New Federal Lawsuit
Offshore wind developer tries to calm worries
Oswego County Legislature (NY) formally opposes wind turbines in Lake Ontario

Wind Energy — Other:
Which Country Or U.S.

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Greenwashing Waste: Exxon’s $350 per Barrel Algae ‘Oil’ (Lee Raymond is Missed)

By Robert Bradley Jr. -- November 9, 2021 1 Comment Continue Reading

Japan Stocking Fossil Fuels for Winter (part of global pattern)

By Vijay Jayaraj -- October 5, 2021 1 Comment Continue Reading

“Fossil-Free” Energy: India’s Aluminum Industry In Peril

By Vijay Jayaraj -- September 28, 2021 2 Comments Continue Reading

Vietnam at the Energy Crossroads: Will it Choose the Best Way Forward?

By Vijay Jayaraj -- June 30, 2021 No Comments Continue Reading

Japan’s New Anti-Fossil Fuel Approach Will Compromise Its Energy Security

By Vijay Jayaraj -- June 7, 2021 1 Comment Continue Reading

Middle-East Oil Burn Continues (media blackout on the same)

By Vijay Jayaraj -- May 18, 2021 No Comments Continue Reading