Tag Archives: production

Oil theft around the world: Cartels and exploding donkeys

Posted on April 4, 2018 by

Preface. Oil thefts cost Nigerian oil producers at least $18 billion a year. In Mexico, cartels spend only $5-8,000 to tap into pipelines and withdraw “unlimited” amounts of gasoline, and did so 7,000 times in 2016, resulting in $1 billion … Continue reading →

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Dennis Coyne predicts world coal production peak in 2025-2030

Posted on April 5, 2016 by

See Coyne’s article at: Dennis Coyne. March 11, 2016. Coal Shock Model. peakoilbarrel.com [ The IPCC has not invited geologists to estimate fossil reserves, and sides with the “no limits to growth” economists.  The IPCC believes that too expensive or … Continue reading →

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U.S. taxpayers lose billions from Powder River Basin bad lease deals and undervalued coal

Posted on December 3, 2015 by

According to the Center for American Progress: For decades the Bureau of Land Management (BLM) has run a fundamentally noncompetitive leasing program, which has been a boon to industry. Since 1990, 96 of the 107 coal-lease sales held by the … Continue reading →

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