Chris Wright, Fracker Extraordinaire, Tapped for Energy Secretary
Pinch us! Did we die and go to heaven? Are we dreaming? The hits just keep rolling in with President-elect Trump and his cabinet picks. On Friday, Trump picked North Dakota Gov. Doug Burgum as the next Secretary of the Department of Interior (Burgum is a huge fracking supporter). Then, on Saturday, President Trump announced Chris Wright, CEO of oilfield services company Liberty Energy (a big-time fracking company), as the next Secretary of the Department of Energy! He will replace Jennifer Granholm, a left-wing politico who hates fracking. We can’t stop smiling!!! Read More “Chris Wright, Fracker Extraordinaire, Tapped for Energy Secretary”
When the world’s largest oilfield services (OFS) company, Schlumberger, decides to call it quits in the fracking business, you have to ask the question, Is this the end of shale? (It’s not, but that’s what reporters at Bloomberg are hinting.) Yesterday Schlumberger announced a deal to turn over the keys to their U.S. and Canadian fracking business to Liberty Oilfield Services in return for 37% interest in Liberty.