Today is the birthday of Benoit Mandelbrot (b 11-20-1924, d 10-14-2010), a mathematician and discoverer of the Mandelbrot set and studied fractal geometry. He was Sterling Professor of Mathematical Science at Yale University, the oldest professor in Yale’s history to receive tenure. Below is an image of the Mandelbrot set.…
On October 28 Judge David Jones, US Bankruptcy Court for Southern District in Houston, issued a memorandum opinion in Chesapeake Energy’s bankruptcy (Case No. 20-33233), granting Chesapeake’s motion to reject its contract to sell gas to ETC Texas Pipeline. The Bankruptcy Code allows a debtor in bankruptcy to “reject” an…
The Texas Supreme Court will hear arguments in December in Concho Resources v. Ellison, No. 19-0233, a fight over ownership of the minerals in 154 acres in Irion County. (The population of Irion county was 1,599 in 2010. Its county seat is Mertzon. The county was once the hideout of…
From The Hill: At the rally in Arizona on Monday afternoon, Trump had said he could easily out-fundraise Democratic presidential nominee Joe Biden if he just reached out to oil and Wall Street executives. “Don’t forget, I’m not bad at that stuff anyway, and I’m president. So I call some…
From Democracy in America by Alexis de Tocqueville, 1835-1840: “Political parties in the United States, like political parties everywhere, feel a need to rally around an individual in order to communicate ore effectively with the masses. Thus they generally use the name of the presidential candidate as a symbol: they…
In 2018 I commented on a case in the 9th Circuit court of Appeals, Murray v BEJ Minerals, LLC, holding that fossils of two “dueling dinosaurs”, a 22-foot-long theropod and a 28-foot-long ceratopsian, “engaged in mortal combat” when “entombed under a pile of sandstone,” were “minerals” under Montana law. Well,…
Last night I watched the presidential debate. This morning I watched the Texas Supreme Court oral argument in State of Texas v. Harris County Clerk Chris Hollins, in which the Texas Attorney General is seeking to enjoin the Harris County Clerk from mailing out applications to vote by mail to…
U.S. District Judge Matthew Kacsmaryk, in Amarillo, recently wrote an opinion in Mayo Foundation for Medical Education and Research v. BP America Production Company, 447 F.Supp.3d 522 (March 3, 2020) dealing with the enforceability of a lease provision requiring the lessee to obtain the lessor’s consent to assign an oil…
Another great chart from the US Energy Information Administration, showing sources and uses of energy in the US last year. Click on image below to enlarge. You can also view it on the EIA website. Hydrocarbons continue as by far the largest sources of energy consumed by the US.