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From the author's profile on Forbes[0]: "David Blackmon is an energy-related public policy analyst/consultant based in Mansfield, TX. David enjoyed a 40-year c
by clipsy 3y ago
From the author's profile on Forbes[0]: "David Blackmon is an energy-related public policy analyst/consultant based in Mansfield, TX. David enjoyed a 40-year career in the oil and gas industry, the last 23 years of which were spent in the public policy arena, managing regulatory and legislative issues for various companies."
[0]: https://www.forbes.com/sites/davidblackmon/?sh=639575f74b04 https://www.forbes.com/sites/davidblackmon/?sh=639575f74b04
- ThisIsMyAltAcct 3y agoYeah, this guy has slid off the deep end: https://blackmon.substack.com/p/the-energy-absurdity-of-the-week-709 https://blackmon.substack.com/p/the-energy-absurdity-of-the-...
- Gibbon1 3y agoI'm with a basic knowledge of accounting an propaganda is useful. The big issue facing fossil fuel companies is their liabilities will exceed their assets making them at first accounting insolvent[1] then later functionally insolvent[2]. Finally doomed[3]. Blackamoors job is to push these off for as long as possible. [1] Still cash flow positive but unable to pay off liabilities in full. [2] Defaults on debt. [3] Assets completely stranded. (Operational costs exceeds income)