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

By Vijay Jayaraj -- October 5, 2021 1 Comment

“On-the-ground weather forecasts contradict the narrative that winters will be milder…. False climate forecasts can lead to chaos due to unpreparedness.”

Right in the midst of a global political effort to reduce fossil fuel consumption, Japan is set to increase its fossil fuel use and imports as an expected colder-than-normal winter approaches.

The country’s meteorological department recently released its weather outlook for the upcoming winter, which expects that most regions will experience either 30-year-average or below average temperatures between December and February.

Climate Narrative vs. Energy Reality

Blind belief in the global warming narrative can catch nations off guard, risking severe energy crises due to unpreparedness. There is an old axiom that says, “Measure twice, cut once.” It reiterates the need for careful planning before embarking on a task. Doing so saves time and energy and prevents mistakes.

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“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

Nigeria Places Its Bet on Oil, Gas, and Coal to Secure Its Energy Future

By Vijay Jayaraj -- April 26, 2021 No Comments Continue Reading

The Fossil Fuel Dichotomy: Biden and the East’s Contrasting Energy Approach

By Vijay Jayaraj -- April 14, 2021 No Comments Continue Reading