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Terry Etam

Terry Etam is a BOE Report contributor.

“Dream big and dare to fail” is great high school valedictory advice but terrible energy policy

October 18, 20227:22 AM Terry Etam0 Comments

Writing about energy developments used to be fun and rewarding. It’s such a critical, complex, fascinating business that touches everything, and is everything we touch. No one understands all of it, not that I’ve ever met anyway. To write anything illuminating about energy required immersion in the energy world – the technical end, the geopolitical end, the marketing end, the production end, and on and on. It used to be a fascinating river to stand in the middle of, learning from the endless [Read more]

Chevron Column Keystone XL LNG

Did Henry Ford’s success come about because he demanded the execution of horses?

October 11, 20227:26 AM Terry Etam0 Comments

“In addition to such problems with the perception of risk, it is also a scientific fact, and a shocking one, that both risk detection and risk avoidance are not mediated in the “thinking” part of the brain but largely in the emotional one…The consequences are not trivial: It means that rational thinking has little, very little, to do with risk avoidance.” - Nassim Taleb, Fooled by Randomness, p 38) Fire! Fear.  Flood! Fear.  Drought! Fear.  There is a global shortage of natural gas! Blank [Read more]

Column

Etam: Where the wild things are – exposure to “the doing class” will solve the global energy crisis

October 2, 202210:41 PM Terry Etam0 Comments

texas drilling rig

“Because one believes in oneself, one doesn’t try to convince others.” Lao Tzu Education or propaganda? Information or strategic communications? Clarity or wishful thinking? Quick Dick McDick or Gerald Butts? Homer Simpson or Al Gore? What is the purpose of raising a voice in the public square? To influence ideas? Support the troops? Bend policy? Entertain? Boost morale? Vanity? Bad actors cheat, in a sense - they manipulate the microphones, control the loudest ones, render others [Read more]

Column LNG Saudi Aramco

Column: Changing the world is pretty hard – a lifetime of dashed hopes and dead penny stocks

September 20, 20227:10 AM Terry Etam0 Comments

Steel long pipes in crude oil factory during sunset

Some years ago, I had an epiphany: Popular Mechanics magazine was full of crap. Popular Science also. Oh sure, they were infinitely interesting, for the curious of mind. These publications cover the wildest assortment of scientific developments imaginable. The problem was, particularly for fans of new technology and progress, that the publishers tended to slap on the cover a steady stream of blindingly cool new stuff that “might just” revolutionize one thing or another. I’d get giddy at the [Read more]

Column

Column: Why spend a trillion if you don’t have to? Hydrogen the smart way

September 13, 20227:05 AM Terry Etam0 Comments

Hydrogen burner

Let’s say a hundred years ago some rattled soul emigrated from Russia to this country, fleeing, I don’t know, the Russian revolution or in-laws, whatever. Let’s say he/she became a wealthy industrialist and built a bunch of stuff, and among the accomplishments was the construction of a major airport that became a massive central link in a global distribution hub (hey, it's just a thought exercise, no judging). The hub grew to include warehouses and trucking operations and you name it, and wealth [Read more]

Column

Column: BRICS starts sidestepping the tragedy of western energy policy

September 6, 20227:25 AM Terry Etam0 Comments

pumpjack at sunset

As I spent a summer avoiding energy discussions wherever possible (harder than normal; funny how 15 years of energy policy calamity was uninteresting until record utility bills scorched J. Q. Public’s eyeballs), the lazy days in the sun brought some needed clarity about the energy world, a world over which a sheer madness has descended (Trudeau/Germany/LNG-begging/hydrogen-offering - need I say more?).  Encircling the globe is an energy turmoil and upheaval of surely historical proportions (I [Read more]

Column LNG

Column: Appalling new historical precedent – surplus cash flow cannot solve world’s energy problems, by design

August 16, 20227:00 AM Terry Etam0 Comments

Alberta drilling rig

[Scene: Suburbia. A harried wife returning home from work. Angry slamming of a front door.] “I'm home! Where are you? What the hell is going on? Why is the garage full of cash? I can’t even get the car in! What are you, Heisenberg now?” “No, no, no. Honey, I can explain! We’re having a really good year at work, like really good -“ “Listen ya mook! You better come clean! You work in natural gas. Furnaces excite you. No one piles up cash like that unless they’re big tech or drug lords. Now [Read more]

Column Saudi Aramco

Column: Summer interrupted – A good news energy story amid the carnage

July 5, 20226:45 AM Terry Etam0 Comments

Steel long pipes in crude oil factory during sunset

It’s not even Stampede yet - and it looks like it will be a good old-fashioned free-for-all - and I’ve already encountered a fascinating drunken goofball at the top of his game. Nothing unusual there, I suppose, except that this encounter actually had an interesting and thoughtful punchline. It happened on the train to downtown last week, at about 8 am. Life is returning to normal and the train was fairly full. Halfway downtown, two guys oozed aboard, oddly drunk for 8 am; not [Read more]

Column

Column: People, you better vote for better energy policy, and fast

June 2, 20226:45 AM Terry Etam0 Comments

Steel long pipes in crude oil factory during sunset

If there’s any point to energy writing, it is to perhaps try to pull together disparate bits of information that the average citizen is too busy to notice, the sort of random and arcane stats and events that only genuine weirdos devote their spare hours to. Truffle pigs find the truffles. People learning about energy from the daily news hour is like learning about anatomy by watching Jackass. To get the real story, follow the nerds. If someone hears an activist and/or federal cabinet minister [Read more]

Column LNG

Column: North America may see natural gas prices follow global ones – a frightening taste of the agony developing countries are facing

May 17, 20226:45 AM Terry Etam0 Comments

Lit natural gas burners on a stove.

On a back table in my office is a small pile of colour-coded maps that I don’t talk about much because they make me look like a madman. They are maps of Pennsylvania, documenting a semi-pathological and dogged fascination with US shale gas production. One pile shows all of Pennsylvania’s counties; the counties are colour-coded by either the number of producing gas wells or the cumulative gas produced since the start of the Appalachia shale revolution. The second, deeper level shows the [Read more]

Column LNG

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