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Oil Moves Higher on Crude, Fuel Inventory Draw

Oil Moves Higher on Crude, Fuel Inventory Draw

Crude oil prices ticked higher…

The EU Is Facing a Looming Gas Supply Crisis

The EU Is Facing a Looming Gas Supply Crisis

The expiration of the Russia-Ukraine…

Energy

The Real Problem Behind Low Oil Prices

Mar 13, 2015 at 17:42 | Gail Tverberg

For a long time, there has been a belief that the decline in oil supply will come by way of high oil prices. Demand will exceed…

Investors Should Beware The Fracklog

Mar 13, 2015 at 17:23 | Dan Dicker

"Fracklog” is the latest term running around the oil world, a new game that oil producers are playing to try and outlast temporarily depressed oil prices.…

LNG Thrown A Lifeline By Shipping Industry

Mar 13, 2015 at 17:16 | Editorial Dept

Introduction Marine vessels offer the cheapest and easiest way to transport goods around the world. There are an estimated 50,000 container ships moving goods from point…

Pressure Building On Crude Prices

Mar 13, 2015 at 17:03 | Jim Hyerczyk

Crude OilMay Crude Oil futures were under pressure most of the week driven by concerns over huge…

Data Suggests An Oil Price Recovery Could Be Sooner Rather Than Later

Mar 13, 2015 at 14:02 | Arthur Berman

World oil demand increased by 1.1 million barrels per day in February. This is a potentially important data point that suggests a crude oil price recovery sooner than later. It…

This Week In Energy: The Markets Defy Expectations Once Again

Mar 13, 2015 at 12:54 | James Stafford

Oil production levels are finally starting to decline after months of depressed prices. New data from North Dakota shows that the state’s oil output fell…

The Truth About U.S. Crude Storage

Mar 13, 2015 at 12:46 | Robert Rapier

Despite the popular narrative that we keep hearing, the U.S is not running out of crude oil storage. Yet there are those who are predicting that…

Texas: From Shale Boom To Water Revolution

Mar 12, 2015 at 18:34 | James Stafford

Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for…

Why Oil’s Recent Drop Indicates Strength, Not Weakness

Mar 12, 2015 at 18:22 | Martin Tillier

Everything, so they say, is relative. Over the last two weeks, as WTI crude oil prices have turned tail and once again dived back below $50/Barrel,…

The World’s Top Five Energy MegaStructures

Mar 12, 2015 at 18:15 | Nick Cunningham

Royal Dutch Shell plans on shutting down its iconic Brent oil field after it reaches the end of its life. The field has played a critical role in the United…

Drones - Could NASA Technology Benefit The Oil and Gas Industry?

Mar 12, 2015 at 18:06 | Thomas Miller

These days drones are catching a lot more attention than from just hobbyists and areal photographers. Even the Secret Service announced plans recently to fly Unmanned…

Big Changes Needed For Big Oil To Survive

Mar 12, 2015 at 17:56 | Michael Klare

Many reasons have been provided for the dramatic plunge in the price of oil to about $60 per barrel (nearly half of what it was a year ago): slowing…

Oil Price Crash Creates New Wild West In Shale Boom Towns

Mar 12, 2015 at 13:16 | ZeroHedge

With crude prices reeling from the effects of geopolitical wrangling and surging production, it’s a tough time to be a resident of an oil boom town. Although drilling in areas…

Petrobras Scandal Goes Far Deeper Than Previously Thought

Mar 12, 2015 at 11:42 | James Burgess

The ongoing and seemingly widening scandal plaguing Petrobras is beginning to cause fissures in Brazil’s political system. New evidence suggests that the ruling political party may…

Harold Hamm Dismisses IEA Shale Prediction

Mar 11, 2015 at 18:03 | Thomas Miller

It might be discussed over coffee, at the gym, or when a group of friends gather on a Friday night. Analysts write about it, pundits prognosticate…

ExxonMobil CEO Wrong About “Resilience” Of Tight Oil Production

Mar 11, 2015 at 17:53 | Arthur Berman

ExxonMobil CEO Rex Tillerson is wrong about the resilience of U.S. tight oil production. Last week, The Wall Street Journal reported: “…Mr. Tillerson pointed out…

Can Utilities Survive 21st Century Energy Market?

Mar 11, 2015 at 17:28 | James Stafford

The electric utility is at a crossroads. Facing flat electricity demand and a sudden insurgent campaign from rooftop solar, the large centralized utility company is entering…

Azerbaijan Eyeing Gas Opportunity In Europe

Mar 11, 2015 at 17:19 | Eurasianet

Azerbaijan is running lower on energy income but, amidst a revived push for a role in gas distribution in Europe, not on energy-ambitions. Baku is pushing…

Saudi King Promises To Protect Against Oil Price Slump

Mar 11, 2015 at 16:14 | ZeroHedge

In what some note could be a pre-emptive strike against rising social tensions in The Kingdom, new (and potentially crazy) King Salman bin Abdulaziz vowed to…

Barrage Of Lobbying On New Oil Train Rules

Mar 11, 2015 at 11:05 | Charles Kennedy

After a slew of oil train derailments over the past month, the Obama administration is under assault…from lobbyists that is. A barrage of lobbying has descended…

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