The Crude Life
Living The Crude Life
Oil Sands Update, NY Transition and Exxon's New Fracking Technology
0:00
-3:30

Oil Sands Update, NY Transition and Exxon's New Fracking Technology

The Crude Life Daily Update for June 5, 2023.

NY Taking Legislative Action to Stop the “Transition” until a Fossil Fuel Replacement is Identified

In May 2023, New York Senator George Borrello Introduced Legislation to Prohibit Use of Fossil Fuels in Manufacturing of Renewable Energy Equipment.

Obviously, the Senator is cognizant of the reality that all the parts and components for wind turbines and solar panels are made with the oil derivatives manufactured from crude oil!

Thus, ridding the world of oil will eliminate wind turbines, solar panels, and EV batteries!

Senator Borrello stated, “In order to produce and install renewable energy sources at the scale that will be required to power our entire state, the environmental toll from coal-fired power, diesel fuel and the mining of rare earth metals will be extensive and exists at cross-purposes with the stated goals of those advancing the climate agenda,” said Sen. Borrello. “If they truly believe that fossil fuels must be eliminated, then the state (New York) should not be financing the proliferation of structures whose manufacture, transport and installation produces significant emissions.”

“Those who blindly call for New York to rapidly transition to renewable energy are perpetrating a shell game for political purposes, at great cost to our environment. This legislation would halt further damage as we wait for renewable technologies that can be produced sustainably, ethically and in cooperation with the goal of truly protecting our environment,” he concluded.

N.Y. Senator Borrello’s legislation summarizes the reality that world leaders are not cognizant enough to know that renewables only generate electricity. Currently, New York has no plans for the replacement of what is now manufactured from fossil fuels, which are supporting the eight billion on this planet!

It is time to conclude that wind and solar represent an investment sink hole just for the generation of occasional unreliable electricity. Such investments are not sustainable and are unable to support a modern economy, as electricity alone is not a replacement for the more than 6,000 products that are made from the oil derivatives manufactured from crude oil that did not exist 200 years ago and were responsible for the world population from 1 to 8 billion in less than 200 years.

In the bill, Borrello cites the “inherent environmental and ethical conflict” that results from using an emission-producing energy sources to manufacture “green” energy sources such as wind turbines, solar panels, and electric cars. “Currently, the products cited as the solution to reducing greenhouse gas emissions are manufactured, distributed, and installed using fossil fuels. Coal is burned to forge steel for the foundations, towers, and blades of wind turbines. Diesel-powered heavy equipment transports components, clears sites, digs foundations, and assembles the structures,” he said. “Solar panels require the extraction of rare earth minerals and depend on coal as the primary energy source for the manufacturing process.”

Today, world leaders have NO planned replacement for the supply chain of products that are made from the oil derivatives manufactured from crude oil that did not exist two hundred years ago. Those same products were responsible for the world population from 1 to 8 billion in less than two hundred years and continue to be demanded by today’s humanity.

A 1-minute video produced by Epoch Times is short, educational, and entertaining as it discusses the elephant in the room that no one wants to talk about. The video is about renewables that only generate electricity, but manufacture nothing for society. The video has already been viewed by more than 800,000 people on social media!

After world leaders have viewed the video, they will have a better understanding of Senator Borrello’s legislation. Environmentalists wish to rid the world of emissions from fossil fuels but have no plans to identify the replacement for the oil derivatives that are the basis of more than 6,000 products and all the fuels for the 50,000 merchant ships, 50,000 aircraft, militaries, and space programs that support the eight billion on this planet!

Please enjoy the educational, and entertaining 1-minute video and kindly share with others, along with the legislative actions by New York Senator Borrello.

It’s time to focus on identifying the fossil fuel replacement that can support the supply chain of products and fuels to keep the 8 billion on this planet alive and healthy, and end further subsidies, tax credits, and investments in wind turbine and solar panel technologies just for the transition to unreliable generation of intermittent electricity.

Ronald Stein is an engineer, senior policy advisor on energy literacy for CFACT, and co-author of the Pulitzer Prize nominated book “Clean Energy Exploitations.”

Click here for more info

Exxon’s New Fracking Technology

The U.S. shale revolution dramatically reshaped the world energy markets. The shale boom was one of the most impressive growth stories, from take off in 2008 to the Permian stealing the mantle from Saudi Arabia’s Ghawar as the world’s highest producing oilfield in a little over a decade. Overall, Reuters has estimated that, “U.S. petroleum production is at least 10-11 million bpd higher than it would have been without horizontal drilling and hydraulic fracturing.’’

Unfortunately, the shale patch has lately been struggling to ramp up production due to a litany of challenges including pressure from investors to boost returns, limited equipment and workers as well as a lack of capital.

But shale giant ExxonMobil Corp. (NYSE:XOM) is now betting that shale producers can double crude output from their existing wells by employing novel fracking technologies.

“There’s just a lot of oil being left in the ground. Fracking’s been around for a really long time, but the science of fracking is not well understood,” Exxon Chief Executive Officer Darren Woods said Thursday at the Bernstein Strategic Decisions conference. Woods has revealed that Exxon is currently working on two specific areas to improve fracking. First off, the company is trying to frack more precisely along the well so that more oil-soaked rock gets drained. It’s also looking for ways to keep the fracked cracks open longer so as to boost the flow of oil.

Click here for article

Give a gift subscription

Eight New Shale Well Permits Issues in Appalachia

New shale permits issued for May 22-28 in the Marcellus/Utica fell again for a second week.

There were only 8 new permits issued, down from 12 new permits issued the previous week (and 26 the week before that).

This is the latest indicator of a slowdown in gas drilling in our region–the first indicator being a sudden dropoff a few weeks back in the rig count (see U.S. Natural Gas Drilling Rig Count Craters, Down 10% in One Week).

Last week’s permit tally included 6 new permits for Pennsylvania, no new permits for Ohio, and 2 new permits in West Virginia.

Click here for article

OPEC Oil Cuts, Gas Prices Expected to Increase

Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries in the OPEC+ alliance failed to push oil higher.

The Saudi cut of 1 million barrels per day, to start in July, comes as the other OPEC+ producers agreed in a meeting in Vienna to extend earlier production cuts through next year.

Calling the reduction a “lollipop,” Saudi Energy Minister Abdulaziz bin Salman said at a news conference that “we wanted to ice the cake.” He said the cut could be extended and that the group “will do whatever is necessary to bring stability to this market.”

Click here for article

The Crude Life Daily Radio News & Lifestyle Update

Terry Etam, author of The End of the Fossil Fuel Insanity, writer for the BOE Report and blogger for Public Energy Number One comments on the regulatory environment in Canada as well as the United States. 

Terry Etam is a twenty-five-year veteran of Canada’s energy business. He has worked at a number of occupations spanning the finance, accounting, communications, and trading aspects of energy, and has written for several years on his own website Public Energy Number One and the widely-read industry site the BOE Report.

His goal is to kickstart new energy dialogues in a constructive manner as the world faces, and begins to understand, the real challenges of moving away from fossil fuels. In today's welcome but hyper-vigilant state of environmental scrutiny, where natural ecosystems are treasured and measured far more than ever before, any large-scale changes to energy infrastructure will face huge challenges, as any project manager can attest. It will be far, far harder than many imagine to move away from fossil fuels rapidly.

Mr. Etam has been called an industry thought leader and the most influential voice in the oil patch. He lives in Calgary, Alberta with his family and, for some reason, a little dog.

Click here for The End of Fossil Fuel Insanity: Clearing the Air Before Cleaning the Air

Click here for the BOE Report

The Crude Life Daily Update has been running as a 3-minute news and lifestyle short on radio stations since 2011.  In 2015 online podcast portals and news outlets were added to the list of distributors.

If you have a news release, energy innovation, story idea or community lifestyle feature, email studio(at)thecrudelife(dot)com

Paid Subscriptions are only $5 and keep the articles, podcasts, news, essays and insights coming.

Support The Crude Life today!

For guest, band or show topic requests, email studio@thecrudelife.com

About The Crude Life 
Award winning interviewer and broadcast journalist Jason Spiess and Content Correspondents engage with the industry’s best thinkers, writers, politicians, business leaders, scientists, entertainers, community leaders, cafe owners and other newsmakers in one-on-one interviews and round table discussions.

The Crude Life has been broadcasting on radio stations since 2012 and posts all updates and interviews on The Crude Life Social Media Network.

Everyday your story is being told by someone. Who is telling your story? Who are you telling your story to?

#thecrudelife promotes a culture of inclusion and respect through interviews, content creation, live events and partnerships that educate, enrich, and empower people to create a positive social environment for all, regardless of age, race, religion, sexual orientation, or physical or intellectual ability.


Spread the word. Support the industry. Share the energy.

Follow on YouTube

Follow on Facebook

Follow on LinkedIn

Follow on Twitter

Follow on Patreon

Click on picture for BIG SAVINGS! Check out these Amazing American Environmental Entrepreneurs! Don’t forget that the promo code OTIS unlocks big big savings!

if link is broken, use promo code OTIS at www.mystore.com and www.mypillow.com

0 Comments
The Crude Life
Living The Crude Life
Living The Crude Life is a news and lifestyle program currently airing on radio stations, LinkedIn Video and Facebook Watch. The daily update focuses on the energy industry and its impact on businesses, communities, workers and the economy.
The interviews engage with everyone from CEOs to roughnecks to truckers to chemists to cafe owners.
The Crude Life Daily Update has been broadcasting on radio stations across 5 states and 2 countries since 2011, podcast outlets and posts all updates and interviews on The Crude Life Social Media Network.