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Oil & Gas Industry Planning To Replace Vaccinated Personnel

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A recruiter for oil and gas corporations recently gave an ominous warning on Tik Tok, claiming that these big companies are mysteriously preparing to replace their vaccinated employees within three years.

Shell considering sale of holdings in largest U.S. oil field, worth up to $10 billion


Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its most profitable oil-and-gas assets and grow its low-carbon investments, according to sources familiar with the matter. The sale could be for part or all of […]

BP CEO calls IEA net zero scenario ‘credible’ despite planning more oil and gas projects


The CEO of BP has described an IEA net zero scenario calling for the end of new oil and gas projects as “credible”, despite the firm planning major fossil fuel developments. A landmark report last month from the International Energy Agency (IEA) set out that no new oil and gas projects should be approved and […]

How to Navigate the ‘Great Reset’

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Pandemic lockdowns are coming to an end in the U.S., and with them, a massive economic recovery has begun. The closest parallel is the post-World War II era. That period created a massive societal “reset” in terms of employment, housing, infrastructure, wages and financial markets — just like now. Consider the circumstances of both periods. […]

“Great Reset” Will Force Businesses To Comply

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Recently, economies throughout the world have been completely transformed. Numerous attempts have been made to lead people to continue to believe that it’s a straight-up conspiracy hoax. It’s not a conspiracy theory, however. It’s true and it’s happening now. The Blaze’s Glenn Beck recently discussed how “the great reset” is currently taking place in Europe. The […]

New York City sues Exxon, BP, Shell in state court over climate change

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New York City on Thursday sued three major oil companies and the top industry trade group in state court, arguing that the companies are misrepresenting themselves by selling fuels as “cleaner” and advertising themselves as leaders in fighting climate change. The lawsuit comes after a federal appeals court this month rejected the city’s effort to […]

Deflation in a Sea of Money


Sure, at face value commodity prices have been surging, but everything is relative, n’est pas? Commodities adjusted for money supply tells us deflation is still lurking. Commodity prices have advanced very strongly over the past year and, from an Elliott wave perspective, there is very good evidence to suggest that last year’s low in the […]

Shell Is Back, Baby

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After more than a year of covid-19 lockdowns, there’s—dare I say—a feeling of hope in the air. Yes, things are far from over, but millions of people are getting vaccinated and it’s starting to seem like there’s a light at the end of the tunnel. Well, sorry to ruin things slightly, but oil companies are […]

Pandemic Year Has Not Accelerated The Death Of Big Oil


In some circles, the question is increasingly being raised whether, among the many victims of the COVID-19 virus, may be the large, multinational oil and gas companies. Indeed, the 2020 reductions in travel and work hit energy companies hard. At the same time, a growing awareness of the potential devastation from climate change – think […]

Massive ship blocking the Suez Canal brings billions of dollars in trade to a standstill

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The massive container ship Ever Given has been stuck in the Suez Canal for three days, halting billions of dollars in trade as vessels pile up at both ends of the waterway. More than 150 ships are waiting to pass through the 120 mile canal, according to estimates from research firm StoneX. Images captured from […]

We need a carbon price, can manage it regionally: Repsol deputy CEO

We need a carbon price, can manage it regionally: Repsol deputy CEO thumbnail

The world needs a carbon price in the transition to a lower-emissions economy and should not wait for global consensus on the issue, the deputy CEO of Spanish energy group Repsol told an oil and gas conference on Tuesday. “Definitely we will need a carbon price,” Luis Cabra told the online CERAWeek event. Governments can […]

It’s Too Late for Big Oil’s Pivot to a Carbon Tax


The American Petroleum Institute is debating whether to support a price on carbon. It’s not every day that a top lobbying group contemplates taxing itself. That’s big news, and it’s tempting to call it a win for the climate. Not so fast. While API’s expected endorsement is indeed a sign of the times, it’s not […]

What the future holds for Exxon

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“We are committed to playing a leading role in greenhouse gas reductions consistent with the goals of the Paris agreement…” Thus spoke Exxon (XOM) CEO Darren Woods at Exxon’s investor day this week. For most chief executives, supporting the Paris climate agreement at this point is a no-brainer. For the CEO of Exxon—a company that […]

Oil at $100?: Supercycle predictions divide veteran traders

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Two of the biggest banks on Wall Street are calling a new “supercycle” in oil, with JPMorgan Chase and Goldman Sachs both predicting prices will soar when the pandemic abates. The most bullish forecast has international crude prices staging a comeback towards the US$100-a-barrel region — a level not reached since 2014. The expected surge […]

Oil Price Supercycle is a Meme

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Analysts at Standard Chartered have noted that the recent rise in crude oil prices has been accompanied by mounting levels of discussion of a crude oil price supercycle. These analysts, however, think the concept of an oil supercycle is “seriously flawed”. “We understand its attraction to analysts and the media,” the analysts said in a […]

Peak oil demand is coming – but first brace for an almighty supply crunch


The world has turned its back on austerity. Keynesian reflation doctrines are triumphant. The Biden administration explicitly aims to run the US economy hot, with the help of the Federal Reserve.Global “green deals” amount to $16 trillion. “It’s going to turbo-charge oil demand in 2022,” said John Hess, head of ess Corp.This spending may be […]

A Market Crash AND High Inflation?


Imagine for a moment that the price of all your investments — your stocks, your retirement portfolio, your house — suddenly drop in half this year. Now imagine that on top of that inflation suddenly picks up, making your cost of living skyrocket. That would be pretty awful, right? Well, this might not be just […]

Where Energy Modeling Goes Wrong

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There are a huge number of people doing energy modeling. In my opinion, nearly all of them are going astray in their modeling because they don’t understand how the economy really operates. The modeling that comes closest to being correct is that which underlies the 1972 book, The Limits to Growth by Donella Meadows and others. This […]

For energy giant Shell, the era of peak oil has already arrived


Royal Dutch Shell Plc said its carbon emissions and oil production have peaked and will decline in the coming years as the company laid out a detailed plan for its transition to cleaner energy. In a sign of how much the petroleum industry has shifted away from its mantra of growth and exploration, Shell said […]

Oil’s Recovery Is Too Fast for Its Own Good


The OPEC+ alliance of oil producers will face a big test of its cohesion in a few weeks’ time, when ministers meet to discuss the next step in their historic production deal aimed at rebalancing the world’s oil supply with recovering demand. Things have almost moved too quickly in their favor. Recent increases in crude […]

Oil Up, “Up and Away” Over Positive Signs of U.S. Economic Recovery


Oil was up Friday morning in Asia to its highest levels in year, ending the week on a strong note over producers’ commitment to continued supply cuts and positive signs of U.S. economic recovery. Brent oil futures rose 0.41% to $59.24 by 11:02 PM ET (4:02 AM GMT) and WTI futures rose 0.73% to $56.64. […]

After a Bruising Year, the Oil Industry Confronts a Diminished Future


Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations. HOUSTON — Big Oil isn’t so big anymore. Exxon Mobil, BP and other large oil companies collectively lost tens of billions of dollars last year, posting their worst performance in […]

BP Says Electric Car Chargers Aren’t Profitable Yet


BP Plc isn’t yet turning a profit on its car-charging stations, but the U.K. oil giant expects that to change as more electric vehicles come onto market. “I would not say we are breaking profits in all spaces there,” Christian Girardeau, electrification director at BP, said Tuesday at the BNEF Summit in San Francisco. But […]

Exxon, Chevron Have Discussed A Merger


Just this past Friday, we lamented that amid the marketwide meltup, one of the very few companies that actually deserves to be higher with or without the help of WSB, oil giant Exxon, simply refuses to do so, and so we begged Melvin Capital to short it (although it now appears that Gabe Plotkin is […]

Big Oil Knows How This Is Going To Go

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The “supermajor” oil companies collectively known as Big Oil are having a time of it, in large part because of the pandemic, obviously, but also because we are swiftly moving towards a post Peak Oil era. Big Oil knows this, and it’s doing what it can to get in on what’s next. Take Royal Dutch […]

Why The Future Still Means Fossil Fuels, For Now


  Despite some news reports that suggest the green ambitions of the US Democratic Party could spell doom and gloom for traditional oil and gas companies, Franklin Equity Group’s Fred Fromm and Matt Adams see signs that increased demand for fossil fuels in select developing countries could offset any potential demand slump in developed countries […]

Peak Oil and the Long Descent Down the Mountain


Electric vehicles, plastic alternatives, electrification of industrial processes – and more – are set to cut into demand for oil. In fact, we may have already reached a peak for the amount of oil produced in a single year, an idea known as ‘peak oil’. This week, Switched On speaks with oil demand analyst David […]

The Oil Industry Is In Dire Need Of Investment


The global oil market is in flux once again. The bulls are fighting it out with the bears as COVID lockdowns come into force around the world. Oil prices may have hit 10-month highs on the back of extended production cuts from OPEC+ but black clouds have re-emerged on the horizon as the majority of […]

Peak oil? This T. Boone Pickens fund is swapping fossil fuels for renewables


The ETF, the NYSE Pickens Oil Response Fund, or BOON(BOON) , will become RENW, the Pickens Morningstar Renewable Energy Response Fund, in mid-August, embracing a strategy that “seeks to identify companies that are leaders in the transition to a low-carbon economy,” fund managers said in a filing ( ( indirectly controls TriLine Index Solutions LLC, […]

Will 2021 Be The Year Of Green Energy Stocks?


Looking back, 2020 will be a thick chapter in the history books. This year will be remembered for all kinds of catastrophes, from public health to economic devastation. But it may also be remembered as the turning point for clean energy and the year that changed the world’s trajectory away from certain catastrophic climate change […]

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We're really smashing through these Stretch goals now on Peak Oil Profiteer Kickstarter! To celebrate - we wanted to introduce you to THREE NEW STRETCH GOALS! More info in our #4 update:… #kickstarter #peakoilprofiteer #peakoil #2TomatoesGames

test Twitter Media - We're really smashing through these Stretch goals now on Peak Oil Profiteer Kickstarter! To celebrate - we wanted to introduce you to THREE NEW STRETCH GOALS!

More info in our #4 update:

#kickstarter #peakoilprofiteer #peakoil #2TomatoesGames

@luquion 1: Human Caused Climate Change is REAL! 2: I think Greta's quote is taken out of context. She's QUOTING this particular leader, who is denying climate change. 3: Anthropogenic Climate Change it's going to look like a sunny day in Disneyland compared to #PeakOil!

@claudia_stauber Whether or not you believe in Human Caused Climate Change, or #PeakOil, .... you certainly are doing the correct thing with your homesteading skills! 🙏❤️🙇

@claudia_stauber @YouTube NetZero carbon is absolutely necessary to save the habitability of the planet. Anthropogenic Climate Change is absolutely real! But we don't have to work for NetZero. Again #PeakOil gives us the answer. When all the oil is gone (basically, now), we get to NetZero effortlessly.