All Posts from July, 2013
Big data in the oil patch
One of the more intriguing sections in the McKinsey & Company “game changer” study I wrote about recently is the section on harnessing digital information to raise productivity.
The Gasland II flameout
We live at a time when documentaries can have far-reaching influence on the public dialogue. The best ones explore issues with integrity and intellectual honesty. Nowhere is this more important than with regard to energy policy – where facts and science should guide our discussions.
Changing the game with millions of jobs and hundreds of millions in new GDP
Is there reason to hope that the U.S. economy can escape the doldrums that have hampered growth for the last five years? According to McKinsey & Company the answer is yes.
Phil Mickelson’s big week continues
Phil Mickelson’s storybook finish to win the British Open on Sunday will go down in the annals of golf. But that’s not the only big news going on in his world this week. This coming Friday, Phil will attend the closing ceremony for the 2013 National Mickelson ExxonMobil Teachers Academy.
Bakken production surpasses 800,000 barrels per day
Last year North Dakota’s Bakken region registered record oil production of 600,000 barrels per day – a 100-fold increase over just six years earlier. Ten months later, the record set last July seems a distant memory.
A run on the RIN bank is leading to a crash
The scramble among refiners to purchase RINs has sent the price of these credits skyrocketing. Platts Commodity News reported yesterday that prices soared to $1.32 per RIN on Monday, the fifth record in the previous six trading sessions. By contrast, RINs traded for two cents apiece last year.
