The U.S. upped the ante…
Wood Mackenzie has said that…
Gas bills next winter may…
Several dozen environmental groups are once again working together to stop a major oil pipeline, hoping to bring back the magic of the fight against the Keystone XL…
Ford is the latest major company to jump on the driverless vehicles bandwagon announcing that it intends to develop fully autonomous vehicles. That announcement is just the latest…
On August 8, 2016, America’s Republican presidential candidate Donald Trump gave what was billed as a major economic policy speech in Detroit. In it, he laid out…
In this post I present some of the methods I have used to get estimates based on actual NDIC data on the Estimated Ultimate Recovery (EUR) for wells in the…
Oilfield produced water is an abundant resource in Texas, with a minimum estimated volume of 20 million barrels produced each day (actual production may now exceed 25 million…
When investing in energy companies, or anything else for that matter, we’re playing a bit of a game. There’s tons of information out there coming from oil companies…
Back on August 12th, just two short weeks ago, I laid out my reason for being bullish on oil, namely that I expected some serious “book talking” from…
Friday, August 26 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…
Politics, Geopolitics & Conflict • Gazprom is likely to start turning its attention more to the East after the Polish anti-trust authorities slammed the door in the Russian…
Sometimes markets are driven by trend-traders following hard supply and demand facts, sometimes they are driven by speculative buying in anticipation of a change in the fundamentals. The…
• Prompt WTI traded in a $48.40/$46.42 range through Thursday morning as bearish inputs included additional exports from Iraq following a completion of a deal between the Iraqi…
We begin by taking a quick look at some of the critical figures and data in the energy markets this week, which show that oil prices have bounced…
Friday’s Baker Hughes report heralded the end of eight straight weeks of U.S. oil rig gains, which boasted a net change of zero, hopefully subduing, even if…
As financial markets are distracted once more by Federal Reserve Chair Janet Yellen, crude is not immune to this influence, making moves in response to the U.S. dollar's…
Yemeni Shiite Houthi rebels have reportedly fired missiles targeting Saudi Aramco, allegedly damaging the oil giant’s facilities in southwestern Saudi Arabia on Friday, according to local Houthi-affiliated…
In the past two weeks, Iran has rejoined the OPEC production freeze headline and jawboning fray, by making bold statements that it would be willing to work with…
The electric car revolution is already underway, and if the long-term projections are even remotely close to accurate, the effects will ripple through every corner of the global…
One would hardly expect an official from Obama’s administration, which has dedicated a lot of work to curbing the harmful effects of fracking on the environment and public…
Two weeks ago, news broke that the International Monetary Fund had reached a “tentative” agreement with Egyptian officials regarding a $12 billion loan that the Washington-based pool…
Anyone who has ever tried to start a car in -40?C weather knows the challenges of living in the true white north. Oil becomes almost solid, and all…