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Charles Kennedy

Contributor since: 29 Sep 2011

Charles Kennedy

Charles is a writer for Oilprice.com

Latest articles from Charles

  • Why Is Oklahoma Now The Earthquake Capital Of The U.S?

    Published 13 May 2015 | viewed 17,921 times

    With mounting evidence that the fracking industry is causing a dramatic rise in seismic activity in Oklahoma, a growing chorus is calling for a moratorium…

  • Did Low Oil Prices Actually Hurt U.S. Economy?

    Published 11 May 2015 | viewed 15,346 times

    Low oil prices have provided a windfall to consumers around the world. In the United States, the second largest importer of crude (which was recently…

  • ISIS Still Hampering Iraqi Oil Industry Progress

    Published 08 May 2015 | viewed 9,609 times

    The U.S. military is helping Iraqi forces pushback ISIS at a vital oil refinery.The Baiji refinery is located between Kirkuk and Mosul, and it has…

  • One Industry Cashing In Big On Cheap Oil

    Published 06 May 2015 | viewed 6,213 times

    Low oil prices in recent months have led to boom times for the tanker industry.Oil and refined products (gasoline, diesel, jet fuel) are carried on…

  • Low Oil Prices Could Destabilize Financial System

    Published 30 April 2015 | viewed 20,520 times

    Could the rising levels of debt in the oil industry contribute to destabilization in the financial system?The collapse in oil prices has forced drillers to…

  • Can Shell Afford To Drill In The Arctic?

    Published 29 April 2015 | viewed 14,480 times

    How can Shell possibly finance the purchase of BG?Royal Dutch Shell is set to report its first quarter earnings, and by all accounts, it will…

  • Future Of Nuclear Industry Takes Yet Another Hit

    Published 28 April 2015 | viewed 9,857 times

    Despite the rough patch that the nuclear industry has experienced in recent years, its future remains bright, the industry insists. That is because the next…

  • UK Govt To Oppose Any Moves On BP

    Published 27 April 2015 | viewed 9,379 times

    The U.K. government wants BP to still stand for “British Petroleum.”The Financial Times reported that Downing Street would do all it could to block a…

  • Corruption Scandal Will Cost Petrobras At Least $2.1 Billion

    Published 23 April 2015 | viewed 6,400 times

    The Brazilian state-owned oil company has released its first financial statements in 8 months – and it doesn’t look good. Petrobras has been embroiled in…

  • What Japan’s Nuclear Restart Could Mean For LNG Prices

    Published 22 April 2015 | viewed 8,096 times

    It has been a bumpy road, but Japan is closer than ever to seeing a return to nuclear power. Four years after Fukushima, Japan still…

  • DOE Just Produced A Multi-Trillion Dollar Headache For Congress

    Published 21 April 2015 | viewed 15,750 times

    Every four years the U.S. Department of Defense releases its Quadrennial Defense Review (QDR), an assessment of the potential threats and capabilities of the U.S.…

  • Wall Street Bets On Oil Price Rally

    Published 20 April 2015 | viewed 20,434 times

    If the whims of speculators are anything to go by, then oil markets are poised for a rebound. Data from the Commodity Futures Trading Commission…

  • Has The Bakken Peaked?

    Published 16 April 2015 | viewed 16,226 times

    The Bakken is one of the foundations of U.S. oil production, and one of the principle reasons why the U.S. has become a massive oil…

  • OPEC Boosting Production To Keep Pressure On U.S. Shale

    Published 15 April 2015 | viewed 16,013 times

    Saudi Arabia has decided to turn up the heat on U.S. shale producers. The de factor OPEC leader ramped up oil production in March despite…

  • Japan May Not Restart Nuclear Reactors After All

    Published 14 April 2015 | viewed 8,968 times

    Japan may not return to nuclear power as quickly as its government had hoped. Now more than four years after the Fukushima meltdown, Japan’s Prime…

  • Why Cheap Natural Gas Could Be Here To Stay

    Published 13 April 2015 | viewed 9,485 times

    While everyone is watching oil prices bounce around at low levels, natural gas prices are also at their lowest levels in years.   Crude oil…

  • What The Iran Nuclear Deal Could Mean For Asia

    Published 09 April 2015 | viewed 8,255 times

    One of the big winners of the historic deal between Iran and the P5+1 nations over its nuclear program will be Asia. Specifically, the deal…

  • North American LNG Export Dream Evaporating

    Published 08 April 2015 | viewed 17,194 times

    The rush to export natural gas from North America was nice while it lasted. But the spot prices for liquefied natural gas (LNG) in Asia…

  • The Top 10 Largest Oil And Gas Fields In The United States

    Published 07 April 2015 | viewed 154,289 times

    More than half the United States’ oil reserves are located in its 100 largest fields. According to a new Energy Information Administration report, these massive…

  • Oilfield Services Facing Years Of Decline

    Published 02 April 2015 | viewed 23,760 times

    Oil field services companies are in for a rough year. The firms that provide the critical services for oil drilling are often not the ones…

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