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Friday, October 25, 2019

Which Companies Account for ⅓ of World’s Cumulative #CarbonEmissions since 1965?

Big Oil, of course.


Since 1965, over ⅓ of the world's cumulative carbon emissions can be traced back to just 20 fossil fuel companies. 

Source: Visual Capitalist

Aramco's operations, Number 1 on the list, have resulted in 59,262 MtCO₂ein carbon emissions since 1965. To put that into perspective, this total is more than six times China's emissions in 2017 alone (9,838 MtCO₂e).

Read More Here on Visual Capitalist: https://www.visualcapitalist.com/companies-carbon-emissions/



Thursday, October 24, 2019

#Venezuela vs. #Colombia Crude #Oil Production #TradingPlaces




source: tradingeconomics.com



Crude Oil Production in Venezuela decreased to 749 BBL/D/1K in September from 933 BBL/D/1K in August of 2019. Crude Oil Production in Venezuela averaged 2377.68 BBL/D/1K from 1973 until 2019, reaching an all time high of 3453 BBL/D/1K in December of 1997 and a record low of 594 BBL/D/1K in January of 2003.

In Colombia Crude Oil Production

Sen. Warren’s #Energy Plan Will Kill the #Oil Industry--not just #Fracking

 
If frack­ing were banned-as Sen. Warren is calling for- nat­ural gas prices in the U.S. would jump to some­where be­tween $9 and $15, up from $2.32 per mil­lion BTU on Fri­day, Energy Investment Bank Tu­dor Pick­er­ing es­ti­mates.

Oil would rise to the $80-to-$85 range and could risk shoot­ing to $150 dur­ing mar­ket shocks.



Read the whole story on The Wall Street Journal: Prospect of President Warren Spooks Energy Investors


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