Industry Insights and Current Issues
Insights, observations and thoughts on the energy sector and related industries.
Please contact me if you have questions or comments on topics, or would like to learn more.
Taking Inventory – In the Oilfield
Most companies track inventory as a regular part of operations – and many work hard to find the right balance. Too little inventory could mean lost sales, while too much ties up valuable cash that could be used elsewhere. Oil and gas companies face the same dilemma....
Pasadena Fashion Advice: Refiners on the Runway
Many downstream organizations suffer from “R vs. M” instead of “R&M” – their refining and marketing groups can often work in silos. One key difference relates to apparel. As a young boy, I was amused and intrigued by the outfits my grandfather wore when working...
The US Will Not Be Able to Compete with Gazprom in Europe
I always like to hear arguments from the other side. Here is an interesting and provocative article claiming that US LNG will NOT be competitive in Europe. Paragraph 5 actually implies it HELPS Europe that its gas supply is under the thumb of Russia's president....
Maduro brought face-to-face with Venezuela blackout woes
More blackouts in Venezuela. Of course, socialist leader Maduro blames "sabotage." Please be thinking of the suffering citizens of Venezuela and hope this tyranny ends soon.
The Good, the Bad, and the Ill Considered
The St. Croix refinery in the Virgin Islands shuttered in 2012. Is this an early indication that it may be reopened?
LNG Allies Thanks Presidents Trump and Juncker for LNG Trade Announcement
Looks like the EU will build more LNG import facilities - opening up more markets for LNG producers and help Europe reduce its energy dependence on Russia. Energy and geopolitics are entwined in so many ways.
Silos: Getting Away from Refining vs. Marketing
Downstream energy organizations encompass two wildly different sectors: refining and marketing. In some cases, these differences can create an “us versus them” mentality – which leads to less efficiency and lower profitability...
Light My (Oil Well On) Fire
As retreating Iraqi military forces exited Kuwait during the first Gulf War, they intentionally set hundreds of oil wells on fire. This 1991 incident led to months of Herculean efforts to extinguish these fires and cap these wells. While the exact figure can never be...