Energy News Beat Few countries are more aware than Germany of how important it is to keep public finances in order. But few countries have indulged in more creative accounting. As Germany’s highest court ruled current spending plans unconstitutional, it finally destroyed the nation’s cherished myth of fiscal prudence. The stakes could not be higher for […]
Energy News Beat Copper advanced to the highest level in 11 weeks on concerns over the looming shutdown of a large mine in Panama and amid expectations of a widening ore supply deficit in 2024. The Panama government has said it will shut First Quantum Minerals’s Cobre operation, which produces about 1.5% of the world’s supply. […]
Energy News Beat During the 1980s-2000s, the U.S. and Europe intentionally transferred their manufacturing and industrial sectors to China. Since 2015, we have been intentionally transferring our energy security to China. The chart below illustrates the utter futility of this energy transition. We are not achieving any real reduction in carbon and other emissions from […]
Energy News Beat Summary of Wind Turbine Accident data to 30 September 2023 The table includes all documented cases of wind turbine related accidents and incidents which could be found and confirmed through press reports or official information releases up to 30 September2023. Scotland Against Spin (SAS) believe that this compendium of accident information may […]
Energy News Beat This summer, natural gas covered almost half of United States electricity demand For the very first time, on 28 August 2023, the United States met more than of half of its electricity demand from natural gas. It encapsulated a summer during which gas-fired electricity generation grew dramatically. In just the past two […]
Energy News Beat (Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil Corp. didn’t join in. At issue is a Global Flaring and Methane Reduction Partnership that will be […]
Energy News Beat Gold prices notched another record to kick off the week — with spot prices touching $2,100 an ounce as the global rush for bullion appears set to continue. Spot gold briefly traded above $2,100 an ounce on Sunday evening in New York, setting a new all-time high. Gold futures hit an intraday record of $2,152.30. Gold prices […]
Energy News Beat Electric-vehicle owners are finding a surprising downside to their new wheels: They tend to be expensive to repair after a crash. When Scott MacFiggen’s neighbor backed into his Rivian R1T pickup truck last summer, the vehicle was left with a dent the size of a bowling ball under a rear taillamp. MacFiggen […]
Energy News Beat Nothing exposes the fake nature of world environmentalists better than the annual pilgrimage of supposed defenders of the Earth to UN climate conferences. This year’s conference (COP 28) is kicking off in the United Arab Emirates (UAE) and a record-breaking 70,000 delegates are flying there to live in opulence for two weeks […]
Energy News Beat The consultative referendum was held amid a century-old dispute for land and newly discovered offshore hydrocarbons Voters in Venezuela have overwhelmingly backed their government’s position on a territorial dispute with neighboring Guyana, the country’s National Electoral Council has reported. The row stems from the US border arbitration more than a century ago, […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
