Monthly Archives: March 2022

Biden Is Clueless About Oil & Hurting the Nation As a Result

I cannot believe the president…wait a minute, yes I can believe the president is stupid enough to think his policies are not directly impacting oil prices…and that somehow the fix is to release the SPR… I have news about that reserve…. (from

Meanwhile back at the WH Ranch…the White House was preparing to release up to 1 million barrels of crude daily to rein in retail fuel prices.​

The specific period of the release has yet to be agreed, but it could be a few months, the AP source said.​
​Gasoline prices have spiked above $4 per gallon in much of the United States, hitting a fresh high of over $6 per gallon in Los Angeles earlier this month. President Biden recently blamed the gas price rise on Russia’s President Putin, calling it “Putin’s price hike”, although prices were climbing at U.S. gas stations long before the war in Ukraine began.
In fact, the first time this White House resorted to an SPR release was last November, when the White House announced it would sell or lease 50 million barrels of oil from the strategic petroleum reserve to try and alleviate pain at the pump.​
At the time, analysts warned that the SPR release would not have the desired effect for various reasons, such as the type of crude to be released versus the types of crude used by refiners to produce fuels. Also, they said, traders had already priced in the release, and it would not affect benchmark oil prices on which fuel prices are based.​
These analysts turned out to be right, but the federal government went ahead with its release, which by January had totaled some 40 million barrels without much affecting oil or gasoline price movements.​

A few years ago, an “oily” friend I know was visiting with a relative in Louisiana about the SPR where that relative worked. He said something to the effect that, “The oil going into the SPR goes in light to medium grade oil, but when we take it out, the stuff looks like rubber cement. It’s thick, sticky and has to be treated, heated and processed to get back to a usable state.” Why this happens I don’t really know but it is an interesting observation. So the question remains if they can actually deliver usable crude oil to the refiners and merely selling the oil at a discount serves absolutely no purpose.

The complaint Biden has with oil companies – slammed once again for making a profit as if they had some moral obligation to lose money – is he wanted them to take that profit and use it to PRODUCE more oil. WTF does producing it mean? They cannot invent oil. They buy it. Exxon rarely drills any oil, they own fields and generally those are old large fields with limited capacity to produce more. Production comes from exploration and that comes from smaller more nimble companies willing to risk drilling. The result of that drilling is SOLD. The drillers don’t refine it. The producers do. And even the ubiquitous Exxon sign on a station does not mean Exxon-Mobil is running the station. Almost all their stations are owned by individuals or small companies. They merely brand it, just like your local Pizza Hut is a franchise.

The U.S. President called on Congress on Thursday to make American oil companies pay fees on wells from leases they have not used in years and on acres “that they are hoarding without producing,”​

I can say from my years 1973-91 in the patch that there are leases undeveloped simply because the Feds or state would not allow a pipeline or a road to be built. I was near Grand Junction, CO in 1980 when a pipeline was finally approved to run to some wells that had been drilling in 1958. Only when Coors was drilling gas wells nearby did the BLM finally relent and allow the line to be built. I know some leases in SW Wyoming where one nest of prairie chickens could stall drilling for years. Out of the 9000 undeveloped leases, out of some 100,000 such leases, 2200 are currently held up in court. Hundreds of others are awaiting approvals from the various agencies involved. It is well known in the patch that dealing with the Bureau of Indian Affairs (BIA) is the worst of the lot. And another friend working as a geologist in SE New Mexico years ago said a lot of leases were held up by archaeologists because they mistook a fulgurite for an ancient campsite (no your campfire does not melt sand but lightning does). Further, if the lease is not drilled – it is only five year terms anyway. In five years, the government keeps the money and the lease is free to be leased again.

The “endangered” prairie mole cricket was another hoax. For years they declared it “extinct” until someone found one, then it was “endangered”. Then a survey indicated the cricket was neither. In fact, it was wide ranging across several states- Oklahoma, Arkansas, Kansas, and Missouri. Despite early claims that it “only” thrived in the tallgrass prairie lands, it was found to be quite common in pastures across Eastern Oklahoma and S. Kansas less so in the Ozarks and elsewhere stretching from Ft. Sill, OK to Leavenworth, Kansas. But it held up drilling on Federal leases on Ft. Chaffee for months.

Even if ConocoPhillips decided to pump more oil today, the first drop of new oil would come within eight to 12 months​
​Our idiot-in-chief seems to believe that oil companies have an unlimited reservoir of oil just sitting and waiting to be pumped. No consideration of the fact that when drilling collapsed with the Covid pandemic, they don’t put roughnecks behind a “Break in case of fire” box and let them out when they need them. Those people go find other jobs. Drill rigs are not carefully packaged to be instantly available. Drilling companies cannibalize an idle rig to keep the few working running so they are not buying new equipment and having the other rigs in reserve. To bring a rig back into the fleet won’t happen without repairing missing parts, and securing roughnecks and drillers. Computerized equipment will need software updates and new programs. Once drilled, a logging truck must be procured. Those, likewise, were cannibalized to keep the rest running. Then they need both a long-term contract to go to work and the financing to make the repairs. Like 99.99% of businesses, they are not entirely self-funding. They borrow money. And the Biden administration has actively discouraged banks from lending to conventional energy. And in response a wind turbine gets precedence over a new drilling project.
Biden demands they throw caution to the wind and produce without the least understanding in what is involved. Most larger companies have a fiduciary responsibility to shareholders to operate sensibly and do so at a profit. Throwing money into the wind is not an option. And most states have a “prudent operator” standard which companies must abide by. They have to take their proposals before the oil and gas commission and make the case that the prospect is feasible… a sort of Highest and Best Use analysis before the state issues a permit.

Finally, another example of the bureaucracy. When oil prices fell in 2008, a friend was prospecting in Colorado and had gone so far they had put up the required performance bond to assure that plugging and abandoning would be done if the well was not a success. He and partners in the well decided not to proceed and allowed the private leases to lapse. But the state to this day, has never released their bond despite their repeated requests for them to do so. He no longer does business in Colorado as a result and allowed all his leases to lapse.

An Open Challenge to Global Warming Alarmists


Conditioned response was the forte of Pavlov and his dogs. Contrary to belief, the dogs didn’t slobber when they heard a bell. It was a metronome or an electrical shock they got. Today America is force-fed the notion that “climate change” which used to be called “global warming” is a given. Further more, it is a given to be entirely created by man, a.k.a. anthropogenic increase. It is assumed to be settled science. So what is science? A better question perhaps is “What isn’t science?”

Carl Popper, science philosopher said if it isn’t falsifiable then it isn’t science. What did he mean? He meant that if you cannot test a hypothesis, no matter how elegant the model is, it cannot be called science. It is merely a hypothesis, a guess. And all the climate models and variations thereof, are computer models. Garbage in, garbage out as they say. And the Intergovernmental Panel on Climate Change (IPCC) was created to measure the change in climate, and thus pre-assumed that global warming was a given.

Those models may number in the thousands if you include their variations. They often create a series of scenarios based upon the idea that X amount of CO2 creates a rise in surface temperatures and that, in turn, can be predicted (again by the computer) and we can determine an RCP value. What is RCP? It stands for Representative Concentration Pathway and is measured as the amount of wattage striking the earth per square meter. Currently, debate exists about what the current RCP value is, some say 2.4 watts/meter2. Others say higher, and the IPCC predicts (but cannot prove it) the RCP will be 4.5 by 2050. The goal of the Paris accord was 1.9 RCP which is some theoretical steady state…but the agreed protocols of the Paris agreement fail miserably at achieving the reduction in CO2 that again, theoretically, necessary to get to RCP 1.9.

On the other hand, we are told that RCP 8.5 (if you believe the IPCC) is an unlikely scenario meaning even more coal fired plants will be built, built without any pollution controls and would produce 4.9º C of warming by the year 2100. That scenario is so far fetched even many global warming advocates do not believe it is possible. The IPCC says that RCP 4.5 (4.5 watts per meter2) is the most likely scenario given the path we are on. Again, that is well above the present estimates of what exists today.

There are too many details to go into but sufficient to say, we have to assume an awful lot, and the models also assume an awful lot. First, three-quarters of the earth is ocean and ice sheets of the north and south poles. There are no dense networks of temperature stations in a large part of the earth. After the collapse of the old Soviet U.S.S.R. many Soviet stations were shut down, especially those in the more remote areas of Siberia. That created an instantaneous spike of temperatures of a global assessment of temperature station averages. So ocean temperatures are recorded by passing ships randomly across the oceans.

Then there is the issue of temperature “adjustments.” NOAA is the National Oceanic and Atmospheric Agency which is the national weather service. But NASA also has a team of climate experts. That agency was created in 2002 and opposed by many astronauts because they felt this was not the function of NASA. But that has since become the agency that openly promotes the idea of climate change. Once again by Pavlovian conditioning, this agency simply asserts that climate change is a given and anyone questioning them are “deniers,” literally equating climate skeptics as holocaust deniers.

But back to the adjustments. If one compares the NOAA temperature graph created in the early 1990s with one produced more recently, you see that the 1930s, the dust bowl years, etc. are oddly depressed and barely above the mean trend line whereas the 1980s and 1990s are well above the early graph readings. Strange is it not?

Science has always been about skepticism. It is an integral part of the scientific method. In 1912 a meteorologist by the name of Alfred Wegener noticed that the shapes of the continents fit like a jigsaw and that certain species were found on different continents that would have been attached millions of years ago. He was roundly ridiculed. Geologists smugly said, Wegener was not a real geologist thus has no basis for the claim. Others ridiculed the idea. But 60 years later when the ocean ridges were clearly spreading and matched the curves of the continents, “continental drift” was a given.

For over 100 years any archaeologist who might claim that the Americas were first occupied by humans before about 11,000 B.C. were ostracized by the powers that be in the archaeological field. Your funding would dry up and no university would hire you. And as a consequence, no archaeologist dared to seek any evidence that suggested a date earlier than this “Clovis First” idea dictated. And it was wrong. It is clear today that the Americas had settlement perhaps at least back to the last Ice Age.

By denying skeptics and funding only research that promotes as a given that “climate change” is settled science, we are overlooking a lot of information that suggests two things. One, that the climate is not impacted by CO2 as much as believed and, second, the bigger climate driver might, in fact, be the sun itself.

The orbit of earth around the sun varies as the elliptical shape of the orbit varies from nearly circular to rather elongated. As math teaches, this means the earth speeds and slows with its distance from the sun. Likewise, the output of the sun varies within a range and every 11 years the magnetic field of the sun flips.

Also, ocean currents vary. And we know that we have been through times of warmer decades and cooler ones. After the Ice Age, oceans and lakes covered parts of the Sahara. There was a warm period in Egyptian times. The collapse of the Bronze Age, when people destroyed much of the Hittite kingdom and attacked Egypt and Greece, may have been the result of people forced from further north and cold periods in the north hemisphere. And during Roman times, temperatures were moderate until the 6th century. Roman roads were recently uncovered in Norway where the ice and snow had receded. It means in Roman times that snow was not there and weather may have been much milder. And the Medieval Warming Event (MWE) is well documented as well as the Little Ice Age (LIA.) Clearly the CO2 output of Roman Chariots did not create a climate crisis. In fact, warm periods provide abundant food and fewer pandemic and plague outbreaks. A warmer climate may benefit mankind. But according to climate doom and gloom, all changes in climate are bad. Worse, the climate alarmists also deny that the sun has anything to do with this warming.

Then came the 21st Century. It seems that there have been very little change in temperatures since 1998 and the alarmists have scrambled to make sense of this hiatus in their mantra that more CO2 means more warming. We’ve had a substantial increase in carbon dioxide but no warming. Not in the surface record, not in the satellite data.

So let’s get to the punch line. I am sure the guest editors, Dr. Harwood Schaffer and Daryll Ray in a piece in Farm Talk Magazine (Parsons, KS) are much smarter men than I…but obviously they suffer the same sort of Pavlovian response that had literally been bred into the current generation of academia sans the sort of skeptical questioning that is necessary to meet Karl Popper’s definition of “science.” It must be testable and refutable. Otherwise is merely an appeal to authority that cannot be questioned. But some researchers are now saying there is no evidence of increased tornadoes, hurricanes, floods, nor does any crop reports suggest famine or drought to be anything but the norm over the long term. Drought is a normal part of any weather system, even back to the time of Joseph and the Egyptians.

So, in a recently published article, Italian researchers studied American weather and climate since we have more data than most other countries and hurricanes and tornadoes are more common here. Its conclusions sound nothing like the mantra fed to us that requires every weather event to be attributed to man-made “climate change.” In fact, the authors of the paper found no significant correlation between the number nor magnitude of either hurricanes, tornadoes, floods or much of anything else and any perceived climate change.

A Critical Assessment

In part the abstract reads,

  1. “The most robust global changes in climate extremes are found in yearly values of heat waves (number of days, maximum duration and accumulated heat), while global trends in heatwave intensity are not significant. Daily precipitation intensity and extreme precipitation frequency are stationary in the main part of the weather stations. Trend analysis of the time series of tropical cyclones show a substantial temporal invariance and the same is true for tornadoes in the USA. At the same time, the impact of warming on surface wind speed remains unclear. The analysis is then extended to some global response indicators of extreme meteorological events, namely natural disasters, floods, droughts, ecosystem productivity and yields of the four main crops (maize, rice, soybean and wheat). None of these response indicators show a clear positive trend of extreme events. In conclusion on the basis of observational data, the climate crisis that, according to many sources, we are experiencing today, is not evident yet.”

We are being led down the primrose path where science is by computer model and authority of government funded scientists doing the bidding of their own version of Dr. Pavlov. We will waste trillions upon jousting an imaginary windmill called “climate change.” It is a sorry state of affairs for scientists to fall into this trap. If you want to read the whole report, I suggest you google the title and it is downloadable.

Signed – Terrel Shields
Just an old farm boy who knows when I am being lied to.

Begging Terrorist for Oil

Facing high gasoline and gas prices and this idiot we call a president did what just because he lost in court?
The Biden Administration has delayed or stopped work on federal oil and gas leases and permits following a court ruling that struck down the Administration’s “social cost of carbon” metric to account for climate risk when holding lease sales or issuing permits.​

Earlier this month, Judge James D. Cain, JR of a Louisiana district court granted a preliminary injunction sought by major fossil fuel-producing states in a lawsuit against the Biden Administration challenging the so-called “social cost of carbon” in rule-making and decision-making regarding lease sales.​
As a result of this court ruling, the Administration has stopped or delayed work on leases, grants, permits, and rules​.  So in my last post I was wrong… $90? We blew through that overnight. $120-150, what does it matter? Biden doesn’t care and now is going to go crawling to the Saudi prince he high hatted a few months ago, and to a dictator in the worlds worst polluted oil country (Venezuela) as well as a known terrorist state wanting revenge for Trump killing a general of theirs (Iran).  Meanwhile ignoring the one country that could and would provide more oil if only they had let Keystone be completed.  Welcome to an unreal world unraveling in the face of the most incompetent president who has ever sat in the Oval Office.