U.S. Hydrogen Developers Seek to Expand IRA Tax Credit Rules
Short but potentially very important note for the oil market over the weekend. From a place that’s been one of the major focus points for the…
Discerning market pessimism from fundamental-based movements can be difficult, especially with all the moving oil has done in the last year plus. And to be sure,…
As fourth quarter earnings start trickling in, lots of losses are piling up in the shale industry and another round of cuts are expected. Over the…
2015 was a terrible year for energy investors, but many investors and even corporate officers may be deluding themselves in believing that if they simply hold on, the good times…
Russia’s LukOil may have dropped some of its other new exploration projects as sliding oil prices curtail spending, but the specter of declining Russian crude…
You have to hand it to Texas. The state that is perhaps most closely identified with oil production is now doing a good job of diversifying its investments and positioning…
The U.S. land rig count fell 17 to 590 and the horizontal land rig count fell 13 to 487. Horizontal Land Rig Count Update This week, the Permian basin horizontal…
The oil market has become nothing but a rumor mill – rumors of Fed hikes to come, or even Fed cuts – and, over the last…
For those who like to trade in the energy markets the last few weeks have been marked by one word: volatility. With 4 or 5 percent…
Friday, January 29, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…
Politics, Geopolitics & Conflict • Despite the oil price slide, Iraqi Kurdistan remains one of the cheapest places in the world to…
March Crude Oil Analysis If you’re watching crude oil prices every day, you will probably say the market is volatile, choppy and directionless. If you’re watching it on a weekly…
The EIA’s Monthly Energy Review just came out. They have the U.S. production numbers through December along with World, OPEC C+C, Non-OPEC and selected Non-OPEC…
With Russian-Turkish relations bottoming out after Turkey’s downing of a Russian military jet last November, Ankara is scrambling to reduce its dependency on Russian gas. But…
After following the weekly production statistics avidly for some months and initially being smugly pleased by the data saying exactly what I wanted to hear, I then became completely befuddled…
In today’s gloomy oil-price news cycle, it’s sometimes easy to overlook the fact that if not for the advent of hydraulic fracturing coupled with horizontal drilling…
Oil prices have seen a sharp rally over the last days and are back in the mid-30's while the national average gasoline prices in the U.S. have fallen over 15…
Continental Resources (CLR) announced its 2016 guidance on January 26 (excerpts below). Essentially it confirms our theory of the new normal of seeking free cash…
The world lost a great mine this week: the Century zinc operation in Australia. Where the operator, China’s MMG, shipped the final loads of concentrates that…
The rumors of a coordinated production cut between OPEC and Russia continue to grow more serious. The latest comes from the Russian energy minister Alexander Novak,…