My Journal
Oil Patch Puts Profits Over Pumps (Again)
You can always tell when the oil boys start feeling queasy—they park the rigs, talk about "discipline," and suddenly forget all that tough talk about energy independence. This week, they did just that. Baker Hughes’ latest rig count shows U.S. oil and gas rigs dropped...
When the Oil Boys Start Sweating, You Know the Party’s Over
When Halliburton starts waving red flags, you’d be wise to stop, look, and listen. The big dog of the oil patch posted a 7% drop in revenue last quarter—and while they tried to put on their Sunday best for Wall Street, the cracks were showing like a drunk at a church...
Permits, Profits, and Pipe Dreams
They keep saying the oil industry is being strangled by Washington red tape. Thousands of drilling permits sitting on desks, unused, collecting dust because of the evil feds and their love for solar panels. That’s the bumper sticker version. One keyboard warrior even...
No Handshake Required
They came from different corners of the world, many meeting face-to-face for the first time. They’d known each other by name, by reputation, through debriefs and whispers carried on desert winds. But when they finally gathered at The Four Green Fields—an Irish pub...
The Boardroom Math Behind California’s $8 Gas
While politicians bicker over carbon credits and green bragging rights, the real decisions driving California's gas prices are being made far from the Capitol—in oil company boardrooms, where the only green that matters is printed on a balance sheet. California is...
The Houthis-U.S. war, and the Ceasefire Spin
So the White House says the Houthis “capitulated.” That they folded like a cheap tent after a few months of airstrikes. But here’s the thing: capitulation usually means surrendering your weapons, your will, and your fight. The Houthis have done none of that. Let’s...
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