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“In the first half of 2024, Boeing bled $8.3 billion in free cash flow,” Fortune’s Shawn Tully reported. “News of the [union’s] ‘no’ vote pounded its stock by almost 5.7% on Sept. 13 ...
For the foreseeable future, we will still rely on oil and natural gas. Kamala Harris needs to explain her energy platform. Will she let climate-obsessed elites price us out of global competition ...
Fracking (also known as hydraulic fracturing, fracing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of formations in bedrock by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of ...
Black Leg : Joints of pipe racked back in the derrick. Blowout: A sudden, uncontrolled release of underground pressure from the well. BOP (Blowout preventer): Pronounced "B-O-P", not "bop", is a mechanical device connected to the wellhead to control and prevent blowouts. Catwalk: Elevated platform used for sliding pipe up to the rig floor.
Fracking. Fracking in the United States began in 1949. [1] According to the Department of Energy (DOE), by 2013 at least two million oil and gas wells in the US had been hydraulically fractured, and that of new wells being drilled, up to 95% are hydraulically fractured. The output from these wells makes up 43% of the oil production and 67% of ...
Oil rig drillers can be covered in oil and mud and they work beside dangerous machinery in harsh environments. "Dirty, dangerous and demeaning" (often "dirty, dangerous and demanding" or "dirty, dangerous and difficult"), also known as the 3Ds, is an American neologism derived from the Asian concept, and refers to certain kinds of labor often performed by unionized blue-collar workers.
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