Consumers Winning With Low Oil Prices, For Now
Is there an equilibrium price of oil where consumers still aren't afraid to buy and drive their F-150s, while oil and gas companies aren't having to lay down rigs and lay off good employees? These are...
View ArticleCan Argentina Capitalize On Its Vast Shale Reserves?
Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the...
View ArticleShould Airlines Be Stopped From Making Windfall Profits?
There’s this crazy talk about how airlines are some kind of public utility that should only be allowed an “acceptable” profit margin so you and I can continue to fly coast-to-coast for $300 round...
View ArticleTop 12 Media Myths On Oil Prices
The upstream oil and gas industry is not a black hole. There's no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There's a constantly evolving...
View ArticleIs Tesla Changing The Dynamics Of Global Energy?
Tesla's announcement last week about creating a new line of batteries for use by businesses, consumers, and the electrical grid at large is a game-changer for the industry. Currently, when individuals...
View ArticleThe Evolution of Economic Warfare and the Oil Weapon
To understand why financial warfare and the oil weapon is so common, you must understand how it came into existence and what it has achieved. The oil weapon first came into existence in 1965, when...
View ArticleThe Dark Side Of The Shale Bust
Oil production in North Dakota has exploded over the last five years, from negligible levels before 2010 to well over a million barrels per day, making North Dakota the second largest oil producing...
View ArticleMore “Funny” Data from the Government
In the past, I documented the overstatements by both the IEA and EIA in 2014 & 2015 in terms of supply, inventory and understatements of demand. Others also noticed these distortions and, whether...
View ArticleOPEC Self-Destruction Thanks To Saudi Oil Strategy?
This article shows that the Saudis cannot achieve, or even come close to, their estimated 2014 net export revenue if they prolong their current strategy. This doesn't mean the Saudis won't stay the...
View ArticleBloodbath in the Oil Patch
The U.S. Energy Information Administration ( EIA) reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10...
View ArticleSaudi War Of Attrition With Russia’s Oil Industry
Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of...
View ArticleISIS, Turkey And Oil – The Bigger Picture: Interview With Pelicourt
As the terrorist attack in Paris sparks worldwide fear of similar reprisals and a bloody shootout and hostage situation in a five-star Mali hotel exacerbates those concerns, global energy security...
View ArticleStrippers Suffering From Low Oil Prices
With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. As...
View ArticleAre Low Crude Oil Prices a “Boom Or A Curse” For The World Economy?
As the chart to the left shows, in the period from 2002 until 2014 the U.S. moved from 3rd place to 1st place in world crude oil production. This is primarily due to the improvement in “fracking”...
View ArticleWill Oil Prices Rebound in 2016?
In today's article, we have an interview that Oilprice.com recently did with Carl Larry, Director of Oil and Gas at Frost & Sullivan, a consultancy that conducts research on oil and gas markets, to...
View Article60 Reasons Why Oil Investors Should Hang On
Inventories will continue to rise, but the momentum is slowing. The following are some observations as to how we got here and how we're gonna get out. 9 Reasons Why Oil Has Taken So Long to Bottom: 1....
View ArticleRussia Cries Uncle on Oil
In recent days, signs of a possible breakthrough in the year-long stand-off between Russia and Saudi Arabia on crude production strategy have emerged. Saudi Arabia, OPEC's dominant member, has long...
View ArticleThe Truth About the Russia-Saudi Oil Deal
If you follow the oil news, you've probably heard about the deal between the energy ministers from Saudi Arabia, Russia, Qatar, and Venezuela. When the news was announced Oil prices jumped. But if you...
View ArticleMove Over Oil – Lithium Is The Future
Just a few years ago, we would have scoffed at the idea that electric vehicles could be mainstream anytime soon, or that the global appetite for lithium-ion batteries and mass power storage would be so...
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Oil Prices Running Out Of Reasons To Rally?
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal...
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