An eternal thanks goes to Bruce Wells and the American Oil & Gas Historical Society. His fascinating look back at major industry events of the last 150 years is both educational and inspirational. It is upon the backs of our ancestors that we enjoy today’s high-energy civilization.
“Petroleum history provides a context for understanding modern energy challenges,” the Society explains.
AOGHS preserves U.S. petroleum history, which provides an important context for understanding the modern energy industry. This history, which began in August 1859 with the first commercial U.S. well in Pennsylvania, can help make informed decisions about meeting future energy needs. AOGHS offers education resources, including links to community oil and gas museums, county historical societies, libraries, and others dedicated to material preservation. Please join our effort.
The latest edition covers September in Oil & Gas History News, Vol.…
Continue Reading“The contrived sense of accomplishment in history matching is spurious correlation for an infinitesimally small period of time. Using Exxon’s internal analysis of CO2 climate forcing is little more than a propaganda tool.”
“Exxon Knew” is a political-lawyer campaign focusing on certain internal company documents to make a case that the oil major knew that carbon dioxide (CO2) emissions were a future threat to human betterment.
Smoking gun? Hardly.
A half century later, the IPCC is still trying to update and figure out physical climate science. Exxon did not do a study on the benefits of CO2 or the offset of sulfur dioxide emissions. The concern way back then was Global Cooling, Peak Oil, and Peak Gas. And as the company knew, fossil fuels had no viable substitute, as in wind and solar.…
Continue Reading“The Competitive Enterprise Institute is leading a coalition of free market advocates attempting to organize support to stop the IRA’s obscene and consumer abusive funding. In response, the Biden (mis)Administration is attempting to shovel IRA funding out the door as fast as it can to contractually shield it.”
Early this month, Lucas Davis, a Professor in Business and Technology at the Haas School of Business, University of California, Berkeley, published an article titled: How Do We Pump Up the Impact of Heat Pump Subsidies? In April, Professor Davis published a precursor article titled: Why Are Heat Pump Sales Decreasing?
The upshot is that despite Federal rebates of up to $8,000 per the “Inflation Reduction Act,” real-world economics of electric heat pumps are dismal. Several commenters to the second article aptly summarized why from a consumer perspective.…
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