Credit cards are a relatively recent invention, but consumer credit has existed for a long time. The convenience of noncash payments brought about by technological advancements can be attributed in part to the rise in credit card use. The EMV chip, near-field communication (NFC), and application program interfaces (APIs) are Read more…
Just how powerful (pun intended) is the Saudi Russian oil alliance, formerly known as OPEC+? It produces as much oil and gas as the United States and Canada combined. Add in the other OPEC countries, who now take the marching orders from Russia, and you have about 45% control of Read more…
In this short video, three time Pulitzer Prize winner Tom Friedman explains political failings and “Woke Green Energy” lobby (note that this author drives a Tesla and has solar panels) is going to freeze Europe while giving Russia and Saudi Arabia more power. Green Energy with storage is the future, Read more…
Have you heard the term Green Hydrogen, or Blue Hydrogen? Well, there is a Houston based biotech company that has added a new color to the hydrogen vernacular. The call their own product in which microbes (yes, tiny bugs) are injected into existing oil fields and convert oil into hydrogen, Read more…
In an age of acronym fatigue you would think that marketers would avoid nebulous terms like “Software Defined Vehicle” aka SDV. But Software Defined Vehicle is an industry term that will never be used with consumers; it will only be discussed in engineering teams. At first glance SDV’s seem like Read more…
In a world of energy shortages for consumers but abundant energy in the ground, it is puzzling to many people, why oil and gas companies refuse to produce more oil and gas. First year economics tells us that supply will eventually equal demand because new entrants to an industry will Read more…
Publicly Alberta Bill 81 (2021) was proposed by the UCP Government to block foreign influences on Alberta elections and it has a pretty good veneer of legitimacy: However, like all such laws, the devil is in the details and Mr Madu forgot to mention some mighty nasty changes Bill 81 Read more…
Put simply, LiDAR is just radar using a laser light instead of radio waves to scan what is in front of it. LiDAR stands for Light Detection and Ranging and was the next big iteration in remote sensing and imaging thirty years ago. Today it is everything from airplanes, to Read more…
We have many video clips explaining how identity politics have been used to gain political advantage but we have not directly explained what identity politics are and why they are so dangerous to “Western” countries. What Is Identity Politics? Put simply, identity politics is the act of targeting groups for Read more…
How is that Commodore 64 working out for ya? The pace of technology change is very fast; last years problems are resolved this year and will get much better two years from now. Apparently this is news to many electric vehicle critics who use old data to promote their own Read more…
As someone that works in Alberta’s oil and gas exploration industry that was just notified his company is pulling out of Canada before the end of 2020, I can understand how government bailouts and price controls are initially appealing to many. However, both price controls and bailouts significantly distort markets, Read more…
David Book, Managing Director of Clearview Energy Partners, does an excellent job of crystallizing the known issues and outcomes for the oil and gas industry over the next few years. Topics include: COVID-19 Trump Reelection Russia’s Tax Structure Saudi Pools of Cash De-Globalization Innovation .
Pandemics Teach Us Actions Must Be Swift Because Predictions are Often Wrong The graph is largely intended to explain the growth of the coronavirus COVID19 and put it in perspective against swine flu, MERS and EBOLA but in reality, it’s really not about coronavirus. this graph can be thought of Read more…
With all of the coronavirus COVID-19 mess, rail blockades and ugly politics as usual, we thought we thought we would change it up with a joke just to take the pressure off for 30 seconds: If you’ve ever worked for a boss who reacts before getting the facts and thinking Read more…