August 8, 2025
What did California officials think was going to happen when they decided it was a dazzlingly brilliant idea to hound the oil industry out of the state? That magic would take over and there would be no consequences for their rash decisions? Apparently, they weren’t thinking at all, because, according to reports, the California Energy Commission (CEC) is looking for a buyer who will take over one of the refineries that’s being abandoned by a company that’s had enough of being beaten up by Sacramento. Their confidence in their crusade to green out the state seems to have been replaced by panic.
To paraphrase the great Groucho Marx, they have values, and when those wreck things, they have others...... By this time next year, there might not be even a dozen refineries left in the state to produce the 38 million gallons of California’s boutique blend that’s consumed every day. ................To continue reading, click here.
- South American cold underscores role of oil and gas - August 8, 2025 by
Vijay Jayaraj - In July, a bone-chilling cold wave swept across South America,
plunging nations like Argentina, Chile, and Uruguay into an energy
crisis that laid bare the fragility of their power systems. Record-low
temperatures, driven by an Antarctic air mass pushed electricity grids
to the brink, forced governments to ration gas, and left thousands
without power for over a day.
This brutal winter exposed a stark truth: South America’s energy infrastructure, strained by poverty and uneven development, cannot afford to gamble on unreliable sources like wind and solar. For nations striving to lift millions out of poverty by boosting economic growth, abundant oil and gas offer the only practical path to surviving harsh winters and securing a prosperous future..............To Read More
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