The industry is in their element when prices are around $100/bbl. When it falls to $50/bbl. they close up shop. So having lease sales in a sinking market may not yield the promises of “Drill, Baby, Drill.”
What we can attempt to do is navigate the turbulence with grace and kindness – perhaps for no other reason than it is completely anathema to how we are being tormented to react – by both the instigators and the Press.
We’ve arrived at an odd inflection point that has arisen now that National Oceanographic and Atmospheric Administration (NOAA) is on the DOGE chopping block.
s I’ve previously indicated, I’ve been sparing my nerves by not reacting seriously until I “see the whites of their eyes,” – and I have to take in with amusement some of the conflicts and narratives that are being revealed.
Proposed “updates” of federal documents are required every five years to make sure the regulations reflect the ‘best available science.’ Predictably the 2024 “Updates” remain at least a decade behind the “best available science…”
I snuck out last week and headed off to Washington DC. There is no pending legislation, but we were offered support from “DCO2” – Don’t Cage Our Ocean – who are working on legislation against industrial fin-fish farming. This is…
Last week I participated in a North Atlantic Right Whale (NARW) Vessel Strike risk reduction workshop. This issue is really big, because the population of these iconic whales has been falling precipitously in the past few years due to…