Insider Secrets

Insider Secrets

Learn how the PROs are making money from the oil and energy market.

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Energy / Crude Oil

Articles and research looking into crude oil, whether it be exploration and refining - crude oil price movements or new crude oil extraction techniques. we have it covered here. Look at our energy section for more fossil fuel coverage.

  • Bakken Production Remains Firm In Spite Of Low Oil Prices

    North Dakota publishes monthly ND Historical Barrels of Oil Produced by County. This data however does not include confidential wells. But they do estimate, by county, their confidential well production here: Oil and Gas Production Report All charts are in barrels per day and are only for the last 16 months in order to get a better and expanded view of what each county is doing. (Click to enlarge)First a sixteen month view of all North Dakota production. North Dakota production, in April, stood at 1,168,636 bpd. That is 17,631 bpd below their production last September, seven months previous. North…

  • Is Saudi Arabia Leaving The U.S. Behind For Russia?

    The news from the recent St. Petersburg Economic Forum, which took place from June 18 to 20, inspired a torrent of speculation on the future direction of energy prices. But the real buzz at the conference was the unexpected but much publicized visit of the Saudi Deputy Crown Prince, as an emissary of the King. The Prince, who is also his country’s Defense Minister, carried the royal message of a direct invitation to President Putin to visit the King, which was immediately accepted and reciprocated, with the Prince accepting on behalf of his father. It would be news enough that…

  • EIA Data Still Doesn’t Add Up

    As initially pointed out by Peakoilbarrel.com in a recent article, discrepancies between actual data for oil production in Texas vs. what the EIA claims are so stark it’s almost scary. How this can be overlooked by the mainstream media as well as by most of the broker community is even more alarming. Further, how the U.S. oil industry fails to catch it and question it given that their livelihood is tied to it is even scarier.Using the data plotted on the Texas RRC website, combined with the knowledge that Bakken production has been flat to declining, makes us wonder how…

  • Top Shale Takeover Targets

    In spite of all the talk about the fall in oil prices leading to greater mergers and acquisitions activity, so far the sector has been relatively quiet in 2015. When word broke earlier this year that Whiting Petroleum was possibly up for sale, many market commentators thought that would herald the start of more intense M&A activity. Half way through the year, that has not been the case. Instead, there seems to be a disconnect between buyers and sellers on price. That disconnect can be partially alleviated with stock-for-stock deals, but for now, many parties seem content to wait for…

  • How U.S. Shale Is Refusing To Bow To Saudi Pressure

    In 2014 the Saudis could no longer accept the loss of crude oil market share as the North American production levels shot up sharply over a three-year period.(Click to enlarge)Source: Yardeni Research The Saudi response was quite rational. Rather than cutting production to support crude oil prices, the Saudis announced that output will remain the same. In private they were planning to actually increase production in order to meet rising domestic demand as well as to regain market share. The idea was to put a squeeze on the high-cost North American oil firms, halting production growth and ultimately getting prices…

  • Brazil A Victim Of Oil Prices And Its Own Hype

    Low oil prices and a massive scandal in Brazil threaten the country’s ability to fulfill its expected role as a source of future oil growth. Brazil produced an estimated 2.9 million barrels of oil per day in 2014. The 2007 discoveries of vast reserves of oil located beneath a thick layer of salt prompted optimism that the country could lift its oil output significantly. Just two years ago, Brazil confidently predicted that it would be able to double its oil production on the back of its pre-salt fields, allowing the country to produce 5 million barrels per day (mb/d) by…

  • The Coming Financial Apocalypse For U.S. Shale

    With the price of both Brent and WTI hovering around $60 per barrel, the short to medium term outlook for oil remains uncertain, owing to the persistent oversupply in the global market. Investment firm Goldman Sachs has even bearishly predicted $55 per barrel in 2020. With OPEC unwilling to reduce its production levels, and a worsening economic crisis in Greece , the near term outlook of oil remains mostly pessimistic despite reduced U.S. domestic crude stockpiles. The World Bank has even predicted that the global economy would grow at 2.8 percent this year, down from the 3 percent predicted back…

  • Oil Prices And Producers Trapped In Limbo

    Crude oil has hovered near $60 a barrel since May, a useless price for investors. This uneasy equilibrium needs to be broken before any good can be done trading in the energy space. My thoughts have been that oil must drop back down towards the lows established earlier this year, but indeed, oil has shown amazing resilience to the fundamentals driving it down. But until it moves decisively one way or the other, there’s nothing worth trading. Oil has seemed to have plenty of reasons to drop back towards $50 a barrel, since rallying from lows in the $40’s in…

  • The Last Great Unexplored Oil Frontier

    Introduction Australia is emerging as a massive producer of liquefied natural gas (LNG). Several large and high-profile LNG export terminals are scheduled to be completed over the next few years, boosting Australia’s production and export of the liquefied fuel. Australia has long been an exporter of other natural resources, most notably coal, iron ore, and gold. But Australia has been a small player when it comes to oil production, with output less than half a million barrels per day. That could change with the exploration of the Great Australian Bight, a scenic stretch of sea cliffs along Australia’s southern coast.…

  • Latest DOE Report Slams Canada’s Oil Sands

    Oil from Canada’s oil sands is around 20 percent more carbon-intensive on average than crude from elsewhere. That is the damming conclusion from a forthcoming new study by the U.S. Department of Energy’s Argonne National Laboratory and its partners. The study looked at a wells-to-wheels analysis, which takes into account greenhouse gas emissions along the entire supply chain, from extraction to transit, refining, and finally combustion by the end user. Canada has 175 billion barrels of proven oil reserves, a massive tally that puts it in third place worldwide behind only Venezuela and Saudi Arabia. Much of that comes in…

Martin tiller