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Charles Kennedy

Contributor since: 29 Sep 2011

Charles Kennedy

Charles is a writer for Oilprice.com

Latest articles from Charles

  • Suncor Announces Bid For Canadian Oil Sands

    Published 05 October 2015 | viewed 5,700 times

    Suncor Energy Inc. has announced an unsolicited offer for Canadian Oil Sands Limited, a CAD$4.3 billion (USD$3.3 billion) bid to take over the beleaguered oil…

  • Obama’s Fracking Regulations Take A Serious Hit

    Published 01 October 2015 | viewed 9,471 times

    On September 30, a federal judge struck down the U.S. Department of Interior’s regulations on hydraulic fracturing, a blow to the Obama administration’s efforts at…

  • Fund Managers Have Their Own ‘Black Monday’ Thanks To The Saudis

    Published 30 September 2015 | viewed 10,782 times

    The ongoing slump in oil prices is forcing Saudi Arabia to retrench and bring home tens of billions of dollars that it has overseas. Bloomberg…

  • How Much Longer Can Venezuela Keep The Wolves At Bay?

    Published 28 September 2015 | viewed 12,644 times

    Venezuela is facing a severe economic crisis, one that could get worse before it gets better.Venezuela’s GDP is expected to contract by a staggering 9.1…

  • Goldman Sachs: “Peak Coal” Is Here

    Published 24 September 2015 | viewed 30,387 times

    “Peak coal” is here. Goldman Sachs released a September 22 research note that predicted that coal will decline and never come back. “Peak coal is…

  • Colorado Court Will Decide Fate Of Local Fracking Bans

    Published 23 September 2015 | viewed 4,901 times

    The battle over local bans on hydraulic fracturing is heating up in Colorado. The state Supreme Court decided on September 21 to hear a case…

  • Russian Oil Industry Braces For Tax Hike

    Published 21 September 2015 | viewed 7,183 times

    The Russian government is moving to plug a whole in its budget by raising more revenue from its oil and gas industry. According to Reuters,…

  • Russia Puts Arctic Dreams On Hold

    Published 17 September 2015 | viewed 16,791 times

    Russia will put its Arctic ambitions on hold. The Russian Energy Ministry gave a presentation earlier this week that pointed to exploration in the Kara…

  • Is This The End Of The U.S Shale Gas Revolution?

    Published 16 September 2015 | viewed 32,655 times

    While everyone is watching the oil bust, there is another bust going on – one for natural gas. Before there was a boom in oil…

  • Aussie PM Ousted As Commodities Pressure Proves Too Much

    Published 14 September 2015 | viewed 7,595 times

    The collapse in commodity prices over the past year have shaken up the global economy, and for countries dependent on natural resource exports, the bust…

  • California Oil Bill Defeated

    Published 10 September 2015 | viewed 8,493 times

    A landmark energy bill in California was watered down after facing significant opposition from the oil and gas industry. The California legislature was considering a…

  • More Iranian Oil Could Hit The Market Now That Iran Deal Is Assured

    Published 09 September 2015 | viewed 22,816 times

    U.S. President Barack Obama’s signature foreign policy initiative – the historic nuclear deal with Iran – appears poised to fend off Congressional opposition. After several…

  • U.S. Gasoline Prices Could Stay Low For The Time Being

    Published 07 September 2015 | viewed 8,326 times

     The oil bust has been largely a supply-driven phenomenon. Unlike the last time that oil prices were this low – during the 2008-2009 financial crisis…

  • Venezuela Delaying The Inevitable With $5 Billion From China

    Published 03 September 2015 | viewed 11,755 times

    Venezuela, a country in economic crisis because of the dramatic fall in oil prices, is seeking additional financial help from China this week. Venezuela is…

  • “Supersize” Fracking Could Keep Natural Gas Prices Low For Years

    Published 02 September 2015 | viewed 19,260 times

    As natural gas drillers turn to “supersize” fracking, natural gas supplies could be abundant and cheap for a long-time to come. That is how the…

  • Eni Announces Supergiant Gas Discovery Off Egyptian Coast

    Published 31 August 2015 | viewed 10,203 times

    Italian oil company Eni announced on August 30 that it may have discovered one of the world’s largest natural gas fields off the coast of…

  • Mexico Sweetens The Deal In Offshore Lease Auction

    Published 27 August 2015 | viewed 11,698 times

    In Mexico’s upcoming auction for oil and gas leases, it has moved to sweeten the pot in an effort to avoid another disappointing result. In…

  • Some Small But Welcome Relief For WTI

    Published 26 August 2015 | viewed 9,910 times

    BP’s Whiting refinery, the largest refinery in the Midwest, made a quicker-than-expected return to action this week. BP released a statement saying that the large…

  • China’s Stock Market Meltdown Dragging Global Markets With It

    Published 24 August 2015 | viewed 6,734 times

    Global market upheaval continues to inflict damage across the energy industry.The Shanghai Composite fell by 8.5 percent, and that has sent shockwaves around the world.…

  • Fresh Sell Off For Oil. Bear Market Here To Stay?

    Published 20 August 2015 | viewed 9,082 times

    New EIA data sparked yet another sell off for crude oil, with WTI declining by more than 4 percent on August 19, and Brent down…

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