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Policy Suff

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Water management in the face of possible future shortages

In short: will water crises lead to policies which further inflate the costs of, and limit the suitable locations for oil production?


My understanding is that increasing amounts of produced water with limited ability to recycle must be disposed of and Texas gets to deal with it.


Between decreasing water availability, an oil industry in deep debt while forcing taxpayers to clean after itself, while water shortages in Texas are expected in 5 years, this seems to me like an economical and ecological PR nightmare waiting to happen.

https://www.houstonchronicle.com/business/energy/article/zombie-wells-toxic-waste-taxpayer-cost-18001336.php


Given this, do we have precedent for the restriction of industrial water use impacting oil production, and their economic implications?


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The SPR & U.S. Energy Security


U.S. Energy Security
U.S. Energy Security


What is there to be learned from this quote about the Strategic Petroleum Reserve (SPR) and our nation's energy security from the Heritage Foundation press release, above?


  • Its author was born in Great Britain, is an economist, not a U.S. "energy (oil & natural gas) expert" and works for a Republican think tank.

  • Since President's Biden's disastrous draining of the SPR for political reasons, President Trump has managed to "refill" the SPR by just 18.65 MM BO the past 11 months...

    ...in spite of the average price of WTI in America being less than $63 in 2025, the lowest in three and one half (3 1/2) years...


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dckpttn
Feb 06

Economists never think there is any problem. Their slogan is "What, me worry?" Old farts will recognize the slogan from Mad Magazine. It was supposed to be satire, not an operating manual. Ever since peak oil in 2005 got obliterated in a flood of shale oil, everyone thinks oil and gas will last forever. Here comes the screw.

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