Despite multi-year low natural gas…
Radia's WindRunner cargo plane design…
The United States is set…
Following the 17-month bear market that ended in March 2009, one of the longest-running bull markets in U.S. history began. The current bull market is the second longest…
Even before the OPEC/non-OPEC production cuts took effect in January 2017, Russia had already beaten Saudi Arabia to become China’s single largest oil supplier for 2016. Since then, Saudi…
In the first part of this post I present an update on the profitability for Light Tight Oil (LTO) extraction in the Bakken (ND) as one big project. This is…
Brent crude and West Texas Intermediate started the week with gains after yesterday OPEC’s Secretary General, Mohammed Barkindo, said the cartel may have to take some “extraordinary measures” to…
As of Sunday, 92.61 percent of crude oil production capacity in the Gulf of Mexico was shut in, the Bureau of Safety and Environmental Enforcement said. In barrels, this…
U.S. oil exports hit record highs last week, doubling over the course of a week as the Gulf Coast clears out product backed up because of Hurricane Harvey. The high…
Just as Mexico’s oil industry was starting to get off the ground with foreign players entering, Mexico is throwing a wrench in the works with its consideration of new regulations…
Two crucial things happened yesterday. The first you may have noticed – oil prices moved back up. As for the second, most so-called “experts” seemed to have missed. See, the…
The Turkish Republic of Northern Cyprus’ (TRNC) energy sector is one of the least developed sectors in the country. Given the political and economic restrictions TRNC has suffered since 1974…
The socialist leader of Britain’s Labor Party, Jeremy Corbyn, wants to renationalize the nation's electric, gas and water utilities—the same utilities Prime Minister Thatcher sold off to the private sector…
When the electricity stops in modern civilization, pretty much everything else stops. Not even gasoline-powered vehicles can get far before they are obliged to seek a fill-up—which they cannot get…
In the last several weeks, we’ve enjoyed a turnaround in oil stocks, accelerated by the two major storms in Texas and Florida. And with a bit of a smile, we’ve…
There are many people who would argue that oil is on the edge of a precipice. The shift towards electric vehicles (EVs) is gaining pace, and without the massive demand…
Friday October 6, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
With new discoveries on the map and a series of auctions, Mexico’s newly liberalized energy sector looks great—on the surface. But there are plenty of things to trip up investors,…
Each week, the U.S. Energy Information Administration (EIA) issues its weekly inventories report. In the report it gives us information on the supply of crude oil, gasoline and distillates. It…
It’s great to finally welcome the traditional big automakers to the electric vehicle revolution. While we’ve all been watching Tesla Motors steal the show here for a very long time,…
Oil prices fell from last week's highs as investors pocketed gains. Not all hope is lost, however. Saudi Arabia and Russia just announced some promising news regarding the rebalancing of the…
The number of active oil and gas rigs in the United States fell this week by 4 rigs. The total oil and gas rig count in the United States…
After Chevron said on Wednesday it was preparing to begin shutting down two platforms in the Gulf of Mexico ahead of a tropical storm raging in the Caribbean, now…