Tesla is expected to report…
The reason that investors have…
EIA reserve estimates for USA for 2016 have been issued (a couple of months later than usual). The numbers they provide are ‘proven’ reserves of crude, condensate and natural gas.
Central bankers seem to think that adjusting interest rates is a nice little tool that they can easily handle. The problem is that higher interest rates affect the economy in…
It’s amazing – I was so much more comfortable holding oil stocks last year – when oil was trading fifteen dollars lower and more, than I am right now. It’s…
Regular readers of my ramblings will be aware that I am usually neither a fan nor a follower of conventional wisdom. When an idea is repeated frequently, and seemingly by…
Friday February 23, 2018 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…
Canada’s oil sands production will continue to grow over the next ten years despite a shortage of pipeline capacity and several years of underinvestment. That’s what a study from IHS…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures traded in a sideways-to-lower range early in the week, but momentum shifted on Thursday, driving prices to their highest levels…
Following a surprise report from the EIA, oil prices rose across the board, suggesting that bullish sentiment may be returning to the markets. (Click…
Baker Hughes reported a 3-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 978, which…
Venezuela has made history as the first country to launch its very own Initial Coin Offering. The long-hyped Petro cryptocurrency has been the center of controversy and curiosity to many…
Mexico’s energy industry strategy will be overhauled if the frontrunner for the next presidential term, Andres Manuel Lopez Obrador, wins the July election, his senior energy adviser said in…
As U.S. exports continue to rise, the price gap between WTI and Brent has sharply narrowed. The premium that Brent traded at relative to WTI used to run in the…
Speculation continued into early 2018 about who — or which organization — would be the ultimate buyer of the five percent stake being offered for sale in Saudi Arabia’s national…
The two year spending bill just passed by Congress and signed by the President attempts to make good on the administration's promised tilt towards coal and nuclear power. For the…
Big Oil is due for a disruption. The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long.…
This year begins the ninth year of cellulosic ethanol mandates in the U.S. Today I want to give a brief review of cellulosic ethanol, review the original targets, and examine…
Toyota Motor Corp, Asia’s No.1 carmaker, has found a way to make electric vehicles (EVs) more affordable and less vulnerable to shortages in supply of the key elements needed to…
Initially, electric and now the development of autonomous cars has been a major disrupter for the auto industry, the effects of which we have only just begun to see. Traditional…
As Elizabeth Taylor once said: “I adore wearing gems, but not because they are mine. You can't possess radiance, you can only admire it.” It’s a good philosophy, because when…
“There could not be a better time to offer this service as domestic production surpasses 10 million barrels per day in the ever-dynamic global crude oil market,” Tom Shaw, president…