Darsey and Associates, LLC

09/11/2023

Never forget… 🇺🇸

REMEMBER.

11/24/2022

We here at Darsey and Associates want to wish everybody a Happy Thanksgiving!!!
🦃🍁🍽

07/17/2022

“No US president has been reelected with gasoline prices above $4 a gallon, and the price at the pump is almost $4.70 this summer. It’s the single biggest economic threat to Joe Biden’s presidency.
Biden’s first response was urging OPEC to raise global oil supplies, with some success. He tried to shame US shale drillers, too, for failing to put rigs back to work, with less success. Then administration officials began to confront an arguably bigger and longer-term obstacle to reining in the fuel prices that have sent inflation to the highest level in decades: America’s refining complex is in decline.

During the pandemic, plants that distill crude into gasoline, diesel, and jet fuel shut down around the world, and construction of new ones was postponed. The closures were especially acute in the US, where old facilities suffered irreparable damage from breakdowns and hurricanes while others were converted to produce renewable diesel. Over the past three years, the nation’s refiners have shut—or announced plans to shut—about 2 million barrels of capacity a day, wiping out enough gasoline production to fuel an estimated 30 million cars.”

Would like to to hear thoughts & opinions…

With the country one hurricane away from another price surge, President Biden faces two dilemmas: A world short on oil and a nation short on capacity.

06/02/2022

Only China appears to have a reasonable inventory cushion against the unexpected, according to a new BofA Global Research report.

01/03/2022

Happy New Year from us here at Darsey and Associates, LLC !

10/13/2021

Oil finally over $80. This is what we like to see! Keep on climbing!!!

08/13/2021

Governor Greg Abbott signed a law that prevents business entities from 'hostile nations' from accessing the Texas grid and other critical infrastructure.

The law listed China, Russia, Iran and North Korea as hostile nations.

So, transactions like this are prohibited. 👏

Sun Guangxin, 59, had hoped to build a wind farm on part of the 140,000 acre holding he has in Texas, near Laughlin air force base. Security hawks and environmentalists have raised concerns.

05/14/2021

Texas, Louisiana, Mississippi, Alabama, and Florida may not see a gasoline price surge following the Colonial Pipeline cyberattack.

05/14/2021

The Odessa Development Corporation and Nacero Inc have announced plans to build a $6.5 billion to $7 billion lower carbon gasoline manufacturing facility at a site in Penwell, Texas.

04/04/2021

Happy Easter to all from us at Darsey and Associates !!! ✝️🐣🐰

11/02/2020

Keep it coming...

More drilling rig derricks are dotting the horizon as the rig count continues to rebound from record lows caused by the COVID-19 pandemic and the oil market crash.

10/27/2020