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Why the Permian is at the center of the oil, gas universe

Acreage in the Permian Basin of West Texas and New Mexico may be expensive, but it is worth every penny. “The Permian deserves every ounce of investor love,” said Mike Kelly, managing director and senior analyst at Seaport Global Securities LLC. Kelly said that his energy research and analysis team ranks the companies it follows…

Land, energy and mineral lockdowns

Too many oil, gas, coal, rare earth and other vital resources are still off limits President Trump has directed Secretary of the Interior Ryan Zinke to review recent land withdrawals under the 1906 Antiquities Act, to determine whether some should be reversed or reduced in size.   The review is long overdue. The act was…

Playing Snakes and Ladders with Australia’s Electricity Supply.

Every day some green energy promoter or a battery salesman tells us how green energy with battery backup will supply Australia’s future electricity needs. A battery stores energy. Energy can be stored using lead-acid, nickel/cadmium, lithium, molten salt, pumped hydro, hydrogen, flywheels, compressed air or some other smart gizmo. But NOT ONE battery produces new…