Justin Mikulka
@justinmikulka.bsky.social
Research, analysis and opinion on the ongoing energy transition.
Writing about it at:
https://powering-the-planet.ghost.io
Writing about it at:
https://powering-the-planet.ghost.io
That will never happen. They owe hundreds of billions to clean up the mess they made and they don't plan to be around in a post-oil world as they have no plans on paying to clean up that mess.
They will take all the cash they can and then walk away.
They will take all the cash they can and then walk away.
Big Oil is Sticking Us with the Bill
State regulators are allowing the oil industry to walk away from its cleanup responsibilities.
powering-the-planet.ghost.io
November 11, 2025 at 1:19 PM
That will never happen. They owe hundreds of billions to clean up the mess they made and they don't plan to be around in a post-oil world as they have no plans on paying to clean up that mess.
They will take all the cash they can and then walk away.
They will take all the cash they can and then walk away.
How it's going
Pennsylvania ratepayers will foot the bill from Three Mile Island restart, while Microsoft gets the power | Opinion
Restarting a half-century old, disused reactor that has sat idle for eight years is fraught with unknowns and risks.
www.pennlive.com
November 11, 2025 at 1:17 PM
How it's going
And chevron and Exxon were battling too. fortune.com/2025/07/18/c...
Chevron wins huge legal fight against Exxon to close $53 billion Hess acquisition—getting access to the biggest oil discovery of the century | Fortune
The landmark legal ruling gives Chevron entry into the massive oil discovery in Guyana.
fortune.com
November 11, 2025 at 12:37 PM
And chevron and Exxon were battling too. fortune.com/2025/07/18/c...
Also Hess was sued for a couple things by other oil companies. www.minotdailynews.com/news/local-n...
Oil-field lawsuits reach settlements against Hess
As Hess Corp. was changing ownership this past summer, long-standing lawsuits around the company’s business dealings in the Bakken were closed in some cases and newly filed in others. Two cases in Nor...
www.minotdailynews.com
November 11, 2025 at 12:35 PM
Also Hess was sued for a couple things by other oil companies. www.minotdailynews.com/news/local-n...
"According to Stateline Operating, the disposal of wastewater in close proximity to its producing assets by Devon and Aris had caused 'permanent damage to Stateline’s wells and production, and irrevocably lost oil and gas in place.'”
The Permian’s Dirty Secret Is Bubbling Over | OilPrice.com
Texas regulators are restricting new injection wells due to rising reservoir pressure, seismic activity, and potential damage to oil reserves and freshwater resources.
oilprice.com
November 11, 2025 at 12:17 PM
"According to Stateline Operating, the disposal of wastewater in close proximity to its producing assets by Devon and Aris had caused 'permanent damage to Stateline’s wells and production, and irrevocably lost oil and gas in place.'”
Exactly. And someone already did that in China.
Remember all of the discussions about having to reimagine gas stations as lounges where people would spend an hour while their cars charged?
Remember all of the discussions about having to reimagine gas stations as lounges where people would spend an hour while their cars charged?
Chinese Brand Reveals EV with over 1000 km range & 1200kw 5 min charging - EVSHIFT
This is interesting news. A Chinese car company have confirmed range of their EVs next year will be over 1,000 km by using solid state batteries. But what I
www.evshift.com
November 11, 2025 at 11:59 AM
Exactly. And someone already did that in China.
Remember all of the discussions about having to reimagine gas stations as lounges where people would spend an hour while their cars charged?
Remember all of the discussions about having to reimagine gas stations as lounges where people would spend an hour while their cars charged?
"as quite a significant proportion of transport is in transporting oil and its distillates"
And a lot of fossil fueled power generation goes into producing those products as well. So many upsides once this gets rolling!
And a lot of fossil fueled power generation goes into producing those products as well. So many upsides once this gets rolling!
November 10, 2025 at 10:35 PM
"as quite a significant proportion of transport is in transporting oil and its distillates"
And a lot of fossil fueled power generation goes into producing those products as well. So many upsides once this gets rolling!
And a lot of fossil fueled power generation goes into producing those products as well. So many upsides once this gets rolling!
I signed up. I had a big account on bluesky once tell people they could sign up for my newsletter for free. Out of the 30,000 plus followers for that account, one signed up.
Keep at it!
Keep at it!
November 10, 2025 at 10:34 PM
I signed up. I had a big account on bluesky once tell people they could sign up for my newsletter for free. Out of the 30,000 plus followers for that account, one signed up.
Keep at it!
Keep at it!
In the short term, a lot of oil investors get a nasty surprise and lose money.
Same thing that will happen WHEN they stop buying it at this rate.
Same thing that will happen WHEN they stop buying it at this rate.
November 10, 2025 at 10:20 PM
In the short term, a lot of oil investors get a nasty surprise and lose money.
Same thing that will happen WHEN they stop buying it at this rate.
Same thing that will happen WHEN they stop buying it at this rate.
While that is true I think the best way to think about this is insurance.
The US has the oil in the ground. China does not.
They don't like that vulnerability so they are working on plans to reduce it. The main plan is to get off of oil but that takes times.
The US has the oil in the ground. China does not.
They don't like that vulnerability so they are working on plans to reduce it. The main plan is to get off of oil but that takes times.
November 10, 2025 at 2:39 PM
While that is true I think the best way to think about this is insurance.
The US has the oil in the ground. China does not.
They don't like that vulnerability so they are working on plans to reduce it. The main plan is to get off of oil but that takes times.
The US has the oil in the ground. China does not.
They don't like that vulnerability so they are working on plans to reduce it. The main plan is to get off of oil but that takes times.
Militaries still run on oil.
November 10, 2025 at 12:55 PM
Militaries still run on oil.
This piece I just published seems relevant.
Gluttons For Punishment: Oil Industry Doubles Down Against Reality
The world is facing a multi-year oil glut where the oil producers will be pumping more oil out of the ground than the world is using. This will keep oil prices at low levels – likely well below the le...
powering-the-planet.ghost.io
November 10, 2025 at 12:46 PM
This piece I just published seems relevant.