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Why Biden is Unlikely to Enforce the New Iran Oil Sanctions

Why Biden is Unlikely to Enforce the New Iran Oil Sanctions

Despite Congress passing new sanctions…

U.S. Shale Oil Production Growth Is Slowing Down

U.S. Shale Oil Production Growth Is Slowing Down

When the illusion of unending…

Energy / Crude Oil

Bypassing Keystone: Canadian Firm Uses Loophole To Ship Oil Sands To U.S.

Aug 25, 2014 at 17:25 | Nick Cunningham

Instead of waiting to obtain a “presidential permit” to ship oil sands from Canada to the United States, one Canadian firm has found a workaround, and environmental groups aren’t happy…

Disagreement Over Scotland’s Oil Wealth Fuels Independence Debate

Aug 22, 2014 at 17:26 | Andy Tully

Scottish First Minister Alex Salmond continues to insist that the strong future of Scottish oil would provide major support for the country if it achieves independence from the United Kingdom…

Five Regions Where Big Oil Is Foolishly Chasing Profits

Aug 19, 2014 at 17:29 | Nick Cunningham

Big Oil has been very successful at developing sophisticated technology to access oil in some pretty remote areas. Consider the technological skill necessary to drill several miles below…

Oil Companies Turning Away From The Middle East

Aug 19, 2014 at 17:25 | Claude Salhani

The violence and cutthroat politics of the Middle East, combined with declining oil and gas production levels, has triggered a subtle but significant shift away from what has long been…

Is Foam About To Transform The Oil Recovery Business?

Aug 19, 2014 at 17:20 | Futurity

The best way to get oil out of the ground may be to pump in foam.Scientists pumped foam into an experimental rig that mimicked the flow paths deep…

Why Oil Prices That “Should” Be Going Higher Are Going Lower

Aug 14, 2014 at 19:42 | Dan Dicker

The world has changed.  Even two years ago, with a war going on by proxy between Russia and Ukraine, we'd have seen a ten dollar rally in the price of…

Playing The Coming Mexican Oil Boom

Aug 14, 2014 at 19:36 | Martin Tillier

For more than seventy years the oil reserves of Mexico have been the exclusive property of the state run oil company Petroleos Mexicanos, or Pemex. That changed at the end…

As Demand For Oil Drops, Worries Rise For Debt-Heavy Companies

Aug 13, 2014 at 14:57 | Nick Cunningham

Weak global oil demand is keeping a lid on prices, according to a new report from the International Energy Agency (IEA), and that’s bad news for companies carrying a…

Brazil’s Petrobras Ramps Up Production of Pre-Salt Oil

Aug 11, 2014 at 17:42 | Nick Cunningham

After several years of very little progress, Brazil is finally beginning to extract oil from ultra-deep water. It’s a welcome development for the South American country, which has experienced four…

Making Sense Of The US Oil Story

Aug 07, 2014 at 14:18 | Gail Tverberg

We frequently see stories telling us how well the United States is doing at oil extraction. The fact that there are stories in the press about the US wanting to…

Oil-by-Rail Shipments Cutting Into Coal Deliveries

Aug 06, 2014 at 16:37 | Nick Cunningham

The rapid growth in U.S. shipments of crude oil by rail is leading to an unexpected shortage of coal at many power plants across the country.Shipping crude oil…

New Drilling Largely Driven By Debt

Aug 04, 2014 at 16:49 | Nick Cunningham

Major oil and gas companies are taking on an increasing share of debt in order to maintain drilling momentum, according to data from the U.S. Energy Information Administration.

5 Industries Worried About Peak Oil

Jul 25, 2014 at 18:56 | Chris Dalby

The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is drawing nearer, educated estimates now range…

Are we About to See a Buying Opportunity in Oil

Jul 25, 2014 at 13:04 | Editorial Dept

Despite the recent weakness in Nearby Crude Oil on the daily chart, the weekly and monthly charts are showing quite a bit of resiliency. Both of these charts suggest the…

World Oil Production at 3/31/2014–Where are We Headed?

Jul 24, 2014 at 16:09 | Gail Tverberg

The standard way to make forecasts of almost anything is to look at recent trends and assume that this trend will continue, at least for the next several years. With…

Looking for the Next Oil Boom? Follow the Tech

Jul 14, 2014 at 16:59 | James Stafford

Much larger than Eagle Ford and once thought to have reached peak production, new technology has brought us full circle back to the Permian Basin in Texas and New Mexico,…

The World Still Needs Saudi Arabia’s Oil

Jul 10, 2014 at 16:58 | Chris Dalby

Economic analysts are torn as to how important Saudi Arabia will prove to the global economy in years ahead. In the first half of 2014, the US surpassed Saudi Arabia…

Successfully Trading the Crude Oil Markets

Jul 04, 2014 at 12:05 | Editorial Dept

Speculators versus ProfessionalsLast week’s article highlighted the crude oil futures market and the roles that supply and demand as well as the major market participants play in determining…

The 3 Biggest Downsides to the U.S. Oil Boom

Jul 02, 2014 at 16:35 | Martin Tillier

Unless you’ve been living under a rock, you’ve no doubt heard that the U.S. is in the middle of an oil boom. Advances in technology have enabled the recovery of…

Where The US Got Its Oil in 2013

Jul 01, 2014 at 15:57 | Robert Rapier

How Much Oil Do We Import?As events in Iraq continue to unfold, we have been getting quite a few queries on just how much oil the US imports…

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