OIL Oil’s chilly seasonBen Geman, Axios, October 12, 2020 Oil prices can’t seem to reach escape velocity, spelling more pain for producers as the COVID-19 pandemic continues to weigh on demand. Why it matters: The chart below provides a glimpse at why prices remain too low to pull the U.S. sector — which is seeing rising bankruptcies — out of … read more
Missing the Mark AgainCount on Coal, October 8, 2020 The New York Times likes to pick convenient data – for the NYT. Suggesting that miners fared better during the Obama Administration – 8 years where 50,000 coal jobs were lost – is a sour notion. The piece cherry picks data to further a narrative that the Trump administration has failed … read more
OIL ConocoPhillips picks up drilling permit for Norwegian Sea well – Maybe Wildcats are not extinctOil & Gas 360, October 8, 2020 The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a wildcat well in the Norwegian Sea. The well, designated 6507/5-10 S, will be drilled from the Leiv Eiriksson drilling rig. ConocoPhillips has already secured a … read more
