The news likes to tell me that we are in the greatest economic upswing in world history. Why do the politicians and news agencies lie in our face like that? I will no longer listen to anything I hear. I will just believe in facts and form my own opinion: police brutality, the sheriff throwing…
Commentary: US Riots Over George Floyd Police Murder
This is simply not about police brutality. It is also about unemployment, stress, loss, loneliness, finances, fear, and worry. This country has had to endure too much during this COVID-19 crises. The people are cracking. The Floyd murder just provided the spark to set the dry kindling ablaze that was already mounting up. President Trump…
Article From The Hill, 5/27/2020: Trump administration gives renewables more time to take advantage of tax credits
The Trump administration is making it easier for renewable energy projects to take advantage of certain tax credits amid the coronavirus pandemic. The Treasury Department and Internal Revenue Service issued a notice Wednesday that said it would give some companies that started construction in 2016 or 2017 an extra year before they have to put…
Press Release From Minneapolis Station WTVO, 5/29/2020: Medical Examiner Says No Evidence George Floyd Died Of Strangulation
Who said anything about strangulation? It is obvious the police had their knee on his jugular vein. Oh boy, here we go. They will probably convict with a penalty of a $1 fine, the same way they did in Houston during the 70's on the Joe Torres case. The Hennepin County Medical Examiner says a…
Press Release: Remarks by President Trump Announcing an Executive Order on Preventing Online Censorship Issued on May 28, 2020
Oval Office 3:47 P.M. EDT THE PRESIDENT: Thank you very much. We’re here today to defend free speech from one of the gravest dangers it has faced in American history, frankly. And you know what’s going as well as anybody. It’s not good. A small handful of powerful social media monopolies controls a vast portion…
PPP Loan Checker: Enservco
Here are the net income numbers for Enservco: loss, loss, loss. They provide well site services. Enservco received $1.9 million. In thousands of dollars, 1st Qtr 2019 2nd Qtr 2019 3rd Qtr 2019 Annual 2019 1st Qtr 2020 4,303 -2,209 -5,404 -7,652 -2,837
By The Numbers, 5/28/2020
The EIA published its Weekly Petroleum Status Report. Here are some highlights. All items are in millions of barrels per day except inventories, which is billions total. Dates are defined as week ending averages, except utilization rate which is a four week ending average. The full report can be found here. Item 5/22/20 5/15/20 Refinery…
Article from Rystad Energy: Shales to be hardest-hit this year as oilfield service market falls by 15%
The global oilfield service market is expected to decline by 15% in 2020 compared with 2019, Martin Opdal, Consulting Principal, said during a virtual meeting held by the IADC Southeast Asia Chapter on 14 May. This means the firm is projecting approximately $535 billion in oilfield service purchases this year in its base case scenario,…
Tucker Carlson Show, 5/26/2020: America Is Supplanting American Workers, College Students with Foreigners
Baker Hughes Posts 1st Qtr 2020 Financial Results, 4/24/2020
Another loss for one of the big players. Baker Hughes posted a profit for 2019, yet, I do not believe that a 2 week shutdown in March due to COVID-19 is going to cause a $10 billion loss in the 1st Qtr. of 2020. In millions of dollars, Total Income $5,425 Net Income $-10,210 Total…
