When the illusion of unending…
Oil prices fell this week…
Higher oil prices are expected…
The EIA has recently published their International Energy Statistics. Their stats include all liquids such as NGLs, biofuels and even refinery process gain. But I only track actual oil.…
The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s…
The Shale Revolution may not really end up being a revolution after all. A new study in Nature finds that the estimates for shale gas production could be vastly overblown,…
Four years later, it is clear BP gravely miscalculated the magnitude of their mistake. On Monday, the United States Supreme Court rejected BP’s settlement appeal regarding 2010’s Deepwater Horizon…
The EIA publishes Annually a list of World Proved Reserves of Crude Oil. Though all charts in this post use the EIA data, BP, the IEA and virtually every…
OPEC has declared war on American oil production with the intention of making the country more dependent on imported oil and on oil in general. By refusing to cut…
The “Putinian Pax Energetica”—Russia’s strategic use of energy exports and pipeline politics to influence countries in its neighborhood—is faltering, and Italy now appears to be taking countermeasures to deal with…
When OPEC met on 27th November they decided to leave production unchanged and to not meet again until June 2015. This at a time of volatility in oil markets and…
A proposed pipeline in Ohio just received federal approval, which could connect shale gas from the Utica basin to the Gulf of Mexico. Eastern Ohio is home to the Utica…
Not long ago, I wrote Ten Reasons Why High Oil Prices are a Problem. If high oil prices can be a problem, how can low oil prices also be…
New oil projects are being scrapped in Norway amid falling production and low oil prices. Long held up as the model for managing oil abundance, Norway has painstakingly sought to…
The peak will have to wait – at least in the United States. According to a new report from the Energy Information Administration (EIA) US proved reserves of both…
The European Commission's new energy chief says that Russia could revive the South Stream natural-gas pipeline project if it follows EU rules. In an interview with RFE/RL on December 5,…
What caused the recent crash in the oil price from $110 (Brent) in July to $70 today and what is going to happen next? With the world producing 94 Mbpd…
As crude oil prices take a beating, with Saudi Arabia predicting that prices will stabilize at $60 per barrel, we head to Norway, where state-run giant Statoil is poised to…
There’s been some agreement inside the analyst community on oil -- $70 a barrel is not sustainable, in that several producers don’t have the prime acreage or debt positions to…
Most people with functioning brain cells, even the most ardent climate change deniers, accept that at some point in the future mankind will have to find a viable alternative to…
Natural gas production in June 2014 for the Marcellus Shale reached 15 billion cubic feet per day which has led to abundant supplies keeping a lid on prices. Even more…
Politics, Geopolitics & Conflict Any and every oil and gas investor operating in Europe and Eurasia should be concerned about the very dangerous and very misguided Cold War geopolitics currently…
Last week, OPEC triggered a sell-off in January Crude Oil when it decided to refrain from making a production cut. The almost 10% break in prices was triggered by sell…