From the American Energy Society: US supermajor Chevron acquired Hess for $53 billion two weeks after Exxon Mobil purchased Pioneer Natural Resources for $60 billion and while BP doubled its YOY profits ($27B). Note: Many SMEs believe the sector’s historic performance is far from over and that the Permian Basin in Texas will likely remain the centerpiece of all activity in the foreseeable future.
I’m reminded of a boss/senior partner I had as a young man who liked to say, on occasions such as these, “Well at least now it’s getting real.”
Yes, the gloves are off, and Big Oil no longer seems to care that its standing in the world of PR is really no better than that of Hamas. They are baking the planet for profit, and there is not a goddamned thing we can do about it, at least in the short-term.
In the long-term, of course, we can electrify everything and that hope there is a path back to methane and CO2 levels that stabilize the climate here on the only planet we call home.
One Cost Item No Longer Necessary for Big Oil: Public Relations
Doroni Aerospace says:
intelligently navigates every trip as the H1-X reaches speeds up to 120 mph with a 100-mile range.I like this! Untrained pilots flying through the airspaces of the 40K+ airports on Earth! What could go wrong? Where do I sign up?
The point made here is hotly contested.
Fox News will tell you that college professors were indoctrinated into progressivism when they were in college, and they’re simply passing all this down the line. This is why, they’ll go on to explain, that college is an evil force in our society, as it cranks out liberals.
FWIW, I agree with the commenter at the bottom. One finds a few intelligent and well-educated people in the MAGA crowd, very few. And the most obvious reason for this is that bright people can see through the layers upon layers of lies and criminality that emanate from Trump every hour of the day.
Occam’s Razor explains this very nicely to me.
Two things:
1) As far as I’m aware, these “Solar Flowers” exist nowhere on Earth. They’re certainly not in Los Angeles.
2) Engineers (and anyone with IQ of a turnip) are not split as their value; they have none.
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