• 3 minutes Shale Oil Fiasco
  • 7 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 12 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 16 minutes Global Debt Worries. How Will This End?
  • 2 hours americavchina.com (otherwise known as OilPrice).
  • 6 hours Democrats through impeachment process helped Trump go out of China deal conundrum. Now Trump can safely postpone deal till after November 2020 elections
  • 15 hours Forget The Hype, Aramco Shares May be Valued At Zero Next Year
  • 1 day Natural Gas
  • 9 hours Iraq war and Possible Lies
  • 9 hours POTUS Trump signs the HK Bill
  • 21 hours Joe Biden, his son Hunter Biden, Ukraine Oil & Gas exploration company Burisma, and 2020 U.S. election shenanigans
  • 12 hours READ: New Record Conoco Eagleford Vintage 5 wells, their 5th generation test wells . . . Shale going bust . . . LAUGHABLE
  • 2 days 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 2 days Wallstreet's "acid test" for Democrat Presidential candidate to receive their financial backing . . . Support "Carried Interest" . . Leave it alone
  • 2 days Winter Storms Hitting Continental US
  • 1 day Aramco Raises $25.6B in World's Biggest IPO
  • 1 hour Everything you think you know about economics is WRONG!
  • 1 day My interview on PDVSA Petrocaribe and corruption

Breaking News:

Surprise Crude Build Threatens Oil Rally

Alt Text

China Is Winning The Offshore Oil Game

China’s international presence in the…

Alt Text

Iraq In Crisis As Oil Is Threatened

Both the U.S. and Iran…

Alt Text

This Exploration Blind Spot Offers Great Promise

Increasing political unrest and insufficient…

Tom Kool

Tom Kool

Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations

More Info

Premium Content

Saudi Arabia Vows To Prevent Oil Crash

Investor Deadline: The deadline for signing up to Global Energy Alert at a discount is looming. This is the service that EVERY energy investor and expert needs - a fact that we are so confident of that we are offering a month-long free trial. Sign up today with ZERO RISK and make your own mind up. We guarantee you won't find a better value energy service out there.

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

- In 2018, U.S. coal production fell to 756 million short tonnes, the second-lowest total since 1978 and down from a peak of 1,172 million short tonnes in 2008.

- Production and consumption have fallen in tandem. Consumption dropped to just 687 million short tonnes last year, a four-decade low.

- The vast majority of coal consumed is used for electricity generation. The ongoing shuttering of coal-fired power plants likely ensures steady declines for both production and consumption of coal for years to come.

Market Movers

• Cabot Oil & Gas (NYSE: COG) plunged by 5 percent on Monday, dropping to a four-month low. Other natural gas producers also fell sharply. Natural gas prices have fallen to three-year lows as a result of rising supply.

• Devon Energy (NYSE: DVN) announced a voluntary methane reduction target, aiming to lower emissions by 12.5 percent from current levels to a methane-intensity rate of 0.28 percent by 2025.

• Legacy Reserves (NASDAQ: LGCY), a…



Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play