Alex Cranberg

Chairman, Aspect Energy, Former Regent University of Texas System, Founder ACE Scholarships

[Alex Cranberg @acranberg]

The case for affirmative action for faculty recruitment based on nonconformity of philosophical view is much stronger than that for affirmative action based on race. Provision of the latter is essential and not merely incidental to the University's mission.

[Alex Cranberg @acranberg]

@LASimmonsTX146 If something is dysfunctional it should be dysmantled. New Orleans replaced its entire ISD with charters and now it’s one of the few school systems to return to pre pandemic levels of achievement

[Alex Cranberg @acranberg]

@TotemMacro @JavierBlas “The physics of the situation” is a suspicious formulation

[👠 Laura #Covfefe 👠 @mwenger1993]

@DeAngelisCorey @ACEscholarships https://t.co/qP5C2wAqi3

[Alex Cranberg @acranberg]

@ryankatzrosene The same article quotes a sea level rise prediction of 10-23 feet. Right

[Alex Cranberg @acranberg]

@aeberman12 “Certitude is…”

[Alex Cranberg @acranberg]

@BelleDividends @jackprandelli Why do you suggest that permafrost somehow keeps well from being pumped again?

[Alex Cranberg @acranberg]

@ExplorationAnon @jackprandelli @SantiagoAuFund Polish shale is much leaner rock than many other international shales. It was pursued before the industry really understood what made shales “tick”

[Alex Cranberg @acranberg]

@jackprandelli Venezuela!

[Alex Cranberg @acranberg]

@cambria_edwards @bryan_johnson @_katetolo Bate your breath please

[Alex Cranberg @acranberg]

@Sacerdotus @FatEmperor @NickHudsonCT I’m Sure

[Alex Cranberg @acranberg]

@Sacerdotus @FatEmperor @NickHudsonCT I was capitalizing the term with irony

[Alex Cranberg @acranberg]

@aeberman12 @SecretaryWright Actually 30-40% growth is very much in the cards, because of the very depressed base

[Alex Cranberg @acranberg]

@aeberman12 There will be a lot more invested in Venezuela than a few rigs and a pep talk. If it stays on course Venezuela will become one of the greatest revival stories in hydrocarbon history.

[Alex Cranberg @acranberg]

Venezuela is in rebirth from decay. A tripling to 150,000 b/d from one company in two years even before all the reforms and new entrants are in place is significant.

If it stays on course for supportive investment policy, Venezuela will exceed its historic record of national production within 10 years and eventually reach at least 7-8 mmboe/day.

[Alex Cranberg @acranberg]

@SheDrills Thankfully the big refineries kept growing and some were converted to renewable diesel, so that over the past 5 years total capacity has actually grown by about 500,000 b/d.

[Alex Cranberg @acranberg]

@atherton_chris Meanwhile the average NPRA tract for many more reserves per acre and comparable development cost per barr went for about $200/acre.

[Alex Cranberg @acranberg]

@roddreher Was it William of Ockham’s sperm, frozen all the time?

[Alex Cranberg @acranberg]

@SheDrills

[Alex Cranberg @acranberg]

There is considerable latitude in yield management. just one example: jet fuel shortfalls from GCC are offset to a large degree by a 20% increase in jet fuel yields from US refineries. Refineries in Europe and Asia are presumably doing the same thing. total crude runs are chorus going down, but output will be shifted to the product with the greatest elasticity.

[Alex Cranberg @acranberg]

@aeberman12 @LordPos3idon Of course the long end of the curve is the most frequently way wrong…but you are right that every excursion to $150+ (in real prices has been met by a downturn.