Lost amid all the media buzz over the push in the new U.S. Congress to approve the Keystone XL pipeline are the seeds of a major energy policy overhaul. Attached…
This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue…
Suhail Mohamed Faraj al-Mazrouei, the oil minister for the United Arab Emirates, says it isn’t OPEC’s responsibility to cut oil production to prop up prices. Instead, he said, the non-OPEC…
The price of oil passed another milestone last week, falling below $50 a barrel, a level that I had not expected to see again in my lifetime.
The oil industry has experienced boom and busts before, but the depths to which oil prices have plunged have surprised everyone. Could the bust now persist much longer than many…
As the world’s number one energy consumer China is enjoying the low prices while they last. Never one to settle however, China is finding still more ways to take advantage…
Don't worry. It's not complicated. I offer a simple explanation for the recent fall in oil prices in just two charts. Oil prices move up and down in response to…
The Cornucopians are exuberant, they believe that collapsing of oil prices dealt the death knell for peak oil. An oil glut, they say, is what we have, not peak oil.…
I last looked into the details and consequences of Scottish energy policy in the pre-referendum post Scotch on the ROCs. The expansion of Scottish renewables is progressing at breakneck…
What will it take for oil prices to rise? Oil companies have little incentive to turn off the taps, given that low oil prices are providing…
British Columbia, Canada’s westernmost province, has banned the use of pipelines designed to transport liquid natural gas (LNG) to also carry oil from the tar sands deposits of neighboring Alberta…
This post is an update on total Light Tight Oil (LTO) extraction from Bakken in North Dakota based upon actual data as of October 2014 from North Dakota Industrial Commission…
Kyrgyzstan is happy because 60,000 customers in a potentially restive part of the country aren’t relying on dung to heat their homes; Uzbekistan again has revenue from the cross-border gas…
This week saw WTI prices break the psychological $50 threshold, compounding trader and oil company woes further. However, recent price updates from certain shale areas in the U.S. would seem…
In 2008, as money rushed out of the oil market and prices continued to collapse, a bottom for oil was nearly impossible to find. But one commercial factor gave a…
When the general mood in a market is gloomy and the bears have the upper hand, even good news can get overlooked, or rather overpowered. For…
Another week, another impressive fall in oil prices. There have been a series of psychological thresholds through which oil prices have crashed over the past few months. In the beginning…
Iraq/Syria Monitoring Report • We have been closely monitoring the situation in Kobani, Syria, on the Turkish border, as we detailed for subscribers in October. Earlier this week, Kurdish forces…
Natural Gas Outlook Natural Gas futures are proving to be one of the more interesting markets in early 2015. The first several days of the new year have seen the…
“The future must not belong to those who slander the Prophet of Islam.”— Barack Hussein Obama (address to the United Nations General Assembly, September 2012) The jihadist murders at…