Standard Chartered has predicted global…
Some analysts have noted in…
The North Dakota Industrial Commission is out with the Bakken November Production Data and the North Dakota Production Data.Bakken production…
Calling a bottom in oil is a fool’s errand. What’s more important here is in trying to gauge how oil will trade AFTER it finds a bottom. And that isn’t…
I have said in past weeks that I believe the mid-40s would provide support for WTI prices, and so far that has been the case. There has hardly been a…
Egypt sits at a strategic crossroads, positioned between Africa, the Middle East, and Europe. From the Roman era right up through the 20th century, control for Egypt has been the…
As oil companies around the world scramble to slash capital expenditures amid falling oil prices, Brazil’s major oil company is being assaulted on multiple fronts. Already the most-indebted and least…
President Obama is correct when he says there are few US jobs created by Keystone XL and that it provides little energy security or economic benefit for the US which…
The spread between two key oil benchmarks vanished for the first time in over a year and a half. On January 13, WTI briefly traded higher than Brent crude,…
The EIA has just released their Short-Term Energy Outlook for January. They have now included their predictions for 2016. Here is what they expect for US C+C. I have…
U.S. airstrikes launched on August 23 signaled the start of Operation Inherent Resolve. This is intended to eliminate the Islamic State terrorist group and the threat it poses to Iraq,…
Lost amid all the media buzz over the push in the new U.S. Congress to approve the Keystone XL pipeline are the seeds of a major energy policy overhaul. Attached…
This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue…
As the world’s number one energy consumer China is enjoying the low prices while they last. Never one to settle however, China is finding still more ways to take advantage…
The Cornucopians are exuberant, they believe that collapsing of oil prices dealt the death knell for peak oil. An oil glut, they say, is what we have, not peak oil.…
What will it take for oil prices to rise? Oil companies have little incentive to turn off the taps, given that low oil prices are providing…
This post is an update on total Light Tight Oil (LTO) extraction from Bakken in North Dakota based upon actual data as of October 2014 from North Dakota Industrial Commission…
In 2008, as money rushed out of the oil market and prices continued to collapse, a bottom for oil was nearly impossible to find. But one commercial factor gave a…
When the general mood in a market is gloomy and the bears have the upper hand, even good news can get overlooked, or rather overpowered. For…
Another week, another impressive fall in oil prices. There have been a series of psychological thresholds through which oil prices have crashed over the past few months. In the beginning…
Ever since the Republican Party gained control of both houses of Congress, Mitch McConnell, then the Senate minority leader and now its majority leader, has promised repeatedly that approval of…
The most attention-grabbing attempts to predict oil futures have come from geologists and environmental activists, who tend to look solely at production. An overlooked doctoral thesis by Christophe McGlade,