All Posts from January, 2014
A look at ExxonMobil in 2013
ExxonMobil closed the books on a strong performance in 2013 with our year-end earnings announcement. Here are some of the highlights.
About the trade deficit and high-quality, high-paying jobs
A recent take on trade economics in the The Washington Post gets the basic principle about the trade balance right.
New study: Fracking saves water
A new study by University of Texas researchers adds sorely needed facts and context to the discussions over hydraulic fracturing and water consumption taking place around the country.
Fracking and water supplies – what’s the story?
The average shale well in the United States uses about three million or four million gallons. That might seem like a lot, so it’s important to put that number into perspective. The amount of water used in fracking is a tiny fraction of total water demand, usually less than one per cent.
Who knew? Like natural gas, U.S. crude oil production soaring
America’s recent increase in oil output – not the total production figure, just the increase – is more than the daily production from major oil-producing nations like Venezuela, Nigeria, Kazakhstan, Angola, and Libya.
No surprise, CAP wrong once more on Big Oil taxes
The Center for American Progress has a nearly perfect record in its pronouncements about the tax treatment of the oil and gas industry. Without exception, they are always wrong.