- The Oil Patch
- Posts
- 🛢️ Blackouts Across the USA?!
🛢️ Blackouts Across the USA?!
Half the country better buckle up...
Good morning, here's what the OilPatch Team has for you today:

Half of U.S. Faces Blackouts
Half the country should be bracing up for power outages over the next ten years.
A surge in demand and capacity cuts are the culprit.
Wind and solar won’t cut it but you already knew that.
14 states in the midwest and down to Louisiana are in danger of blackouts at regular peak demands for electricity because we have closed down too many reliable on-demand coal and natural gas plants.
It is getting worse. Fear expensive climate policies, not climate change. A… x.com/i/web/status/1…
— Frank Lasee @truthinenergyandclimate (@lasee_frank)
4:37 PM • Dec 20, 2024
Go Premium to read the rest…

Private Market Access for Accredited Investors

All investments have the risk of loss. UpMarket is not associated with or endorsed by the above-listed companies. Only available to eligible accredited investors. View important disclosures at www.upmarket.co
UpMarket brings accredited investors closer to the potential tech giants of tomorrow. Trusted by over 500 investors, our platform has facilitated over $175M in investments in private companies like OpenAI, ByteDance, and SpaceX. UpMarket simplifies access to exclusive deals that could help you redefine your investment portfolio. Embrace the future of investing with UpMarket and gain a foothold in nascent industries and sectors that are changing the world.

Fixed-Rate Returns for Accredited Investors
How does it work?
You purchase a bond from ROX Energy Capital
You are now a bondholder with the right to receive a 10% fixed annual return — payable monthly.
ROX Energy Capital Buys Working Interests
Bond proceeds are used to purchase non-operated working interests in oil and gas properties. ROX Energy Capital receives the recurring cash flow from these “non-op" working interests for the life of the asset.
You get paid
Bondholders receive their monthly interest payment from ROX Energy Capital for the term length of the bond.
Learn more at ROX Energy Capital

Canada Reconsiders Draconian Transition Targets
Canada has reconsidered a goal to have a net-zero grid by 2035.
Now, the government eyes net-zero status for its grid by 2050.
It could be a random moment of lucidity.
It could also be the first sign of a return to sanity…but probably not:
Canada, led by "Liberal" Party leader Justin Trudeau, pivoted to the left much harder than the US. They were a Rorschach test for "progressive" ideals: carbon taxes, DEI, censorship, open immigration.
Here is the report card of that progress.
— Chamath Palihapitiya (@chamath)
11:56 PM • Nov 8, 2024
Go Premium to read the rest…

Tweet of the Day
Well, this is a new one for me
@massive_frac
— Matt Toohey (@Landmannery)
8:37 PM • Dec 9, 2024

Thanks for reading today’s Oil Patch!
Stay oily, my friend.
Two quick requests before you go:
If you found this useful, forward this email to a friend to spread the word. 👍
Take 1 second to answer the poll below 👇👇
What do you think of today's edition? |