Scott Shields Houston Katy Texas Gas LNG Consultant

McKinsey report: Gas the only fossil fuel to rise in demand through to 2035 China, ASEAN, and South Asia to account for 95% of global LNG demand growth until at least 2035 Carla Sertin Sep 15, 2019 McKinsey Energy Insights, the global energy market intelligence and analytics arm of McKinsey & Company, today launches its Global Gas and LNG Outlook to 2035. The report reveals that gas is the only fossil fuel expected to continuously rise in demand through to 2035 and sets out a vision of a very different gas and LNG market dynamic. The report reveals that, in 2018, China emerged as the world’s biggest importer of gas and LNG, overtaking Japan, and second biggest importer of LNG, overtaking South Korea. McKinsey expects demand to continue rising in the region, with China, ASEAN, and South Asia to account for 95% of global LNG demand growth until at least 2035. Total gas demand is set to rise by 0.9% p.a., while Asian gas demand is set ...

Blackstone’s Stephen A. Schwarzman: Lessons on how to be a successful entrepreneur By Stephen A. Schwarzman Published September 17, 2019 Opinion FOXBusiness Reposted by Scott Shields Katy, Scott Shields Houston Blackstone CEO: Capitalism has created an enormous increase in standard of living Blackstone CEO Stephen Schwarzman on the debate over capitalism versus socialism and the importance of improving the U.S. educational system. Today, business schools across the world teach students how to be entrepreneurs. There are frameworks and checklists for building and financing new ventures, and charts that plot the milestones of a new company, usually on a single slide along a smooth, always-upward curve. No one ever spends enough time telling you about the pain. My experience of entrepreneurship was anything but a smooth, upward curve. It’s been filled with ups and downs, unpredictable challenges, and many hard-learned lessons. Starting a business requires grit, determination and the...

Surf’s Up: Second wave of LNG is here The long-anticipated “second wave” of liquefied natural gas projects is here as tsunami of final investments decisions get made and construction contracts awarded, executives and analysts said. With construction of export terminals sanctioned during the first wave nearing completion, a second round of large LNG export projects are planned from the Texas Gulf Coast to Africa to the Arctic Circle. A joint venture between Exxon Mobil made a final investment decision in February on the $10 billion Golden Pass LNG export terminal in the southeast corner of Texas. The Woodlands oil and gas company Anadarko reached a final investment in June for the its $20 billion offshore Mozambique LNG project in southeast Africa. Earlier this week, Russian natural gas company Novatek awarded a $7.6 billion construction contract to oilfield service company TechnipFMC to build the Arctic LNG 2 export terminal on the Gydan Peninsula of Siberia. The Arctic Circle p...

Trump executive order will aim to prevent states from blocking pipelines, energy infrastructure PUBLISHED TUE, APR 9 2019 • 8:02 PM EDT UPDATED WED, APR 10 2019 • 11:35 AM EDT Tom DiChristopher @TDICHRISTOPHER KEY POINTS Some states are using authority under the Clean Water Act to block fossil fuel pipelines and infrastructure.President Donald Trump will sign an executive order that seeks to limit states’ ability to delay construction.The same executive order contains several other provisions to promote energy infrastructure development. 📷 President Donald Trump holds up a signed executive order to advance construction of the Keystone XL pipeline at the White House in Washington January 24, 2017. Kevin Lamarque | Reuters. Reposted by Scott Shields Houston, Scott Shields Katy. President Donald Trump will issue an executive order that aims to prevent states from blocking pipelines and other energy infrastructure by using authority granted to them under the Clean ...

Unlike the author's assertion above, I have personally experienced the real problem plaguing small banks. Overhead, stagnation, slow velocity, and lack of strategy implementation abilities are caused by the stranglehold the OCC  and Fed have on this nation's small banks.  They have no such authority with credit unions. These unchecked regulatory bodies' goals are likely altruistic, but their unchecked, unusually burdensome methods place hardships and truly common sense-defying and unsupervised constraints that ensure smaller banks remain at a serious disadvantage when compared to any other financial institution.  Please read another view below that places the largest burden on taxes. Scott Shields Katy, Scott Shields Houston America's community banks in danger of extinction due to credit union tax loophole By Alex SanchezPublished April 01, 2019Opinion FOXBusiness - Reposted by Scott Shields Katy, Scott Shields Houston Number of banks in America is at a historica...

Shale drillers are cutting billions of dollars in spending, raising questions about US oil output PUBLISHED MON, MAR 11 2019 • 8:14 AM EDT | UPDATED MON, MAR 11 2019 • 11:17 AM EDT Tom DiChristopher @TDICHRISTOPHER KEY POINTS Independent shale oil drillers are cutting spending, but U.S. oil output is still expected to surge this year.Smaller publicly traded drillers are throttling back capital expenditures, while their bigger rivals are making smaller cuts on a percentage basis. Private drillers increased output in the second half of last year and could do the same again this year, Barclays warns. Robert Nickelsberg | Getty Images, reposted by Scott Shields Katy, Scott Shields Houston. The shale drillers behind booming U.S. oil and natural gas output have survived a bevy of challenges in recent years, from a historic oil price downturn to an effort by OPEC to wash them out of the market with a flood of cheap crude. Now, with U.S. output at all...