1. OPEC+ Speeds Up Oil Production Increases- The most recent OPEC+ meeting this Thursday saw members of the oil group agree on production hikes of…
The EU finally reached an agreement — albeit a watered-down one — on banning Russian oil imports. The ban has been a long time coming…
U.S. West Texas Intermediate crude oil futures are edging higher in a mixed trade on Friday. Pressuring prices early in the session was OPEC+’s decision…
Politics, Geopolitics & Conflict The rumors this week that OPEC could suspend Russia’ from its production quota agreement were likely just a testing of the…
Europe has a gas problem. No, not that kind of gas problem, they have a natural gas problem. From the second half of the twentieth…
American shale producers are right to avoid the temptation of pumping oil with WTI in the $1100-$110 range. Rewarding shareholders isn’t just about appeasement, which…
U.S. West Texas Intermediate crude oil futures are trading nearly flat on Friday, while continuing to hover near its more than two-month high. Helping to…
Politics, Geopolitics & Conflict Henry Kissinger made headlines at Davos when he said what we suspected many of the more sinister actors were thinking for…
1. China Cedes Top LNG Buyer Spot to Japan Amid Weak Demand- China’s LNG imports in 2022 are on track to record their first major…
This month we are taking another look at pipelines, specifically those used to transport oil and gas from the field to refineries. There is an…
1. Gasoline Tightness Becomes Main US Concern- With the EIA reporting an almost 5-million-barrel stock draw in gasoline over the week ending May 13, with…
Politics, Geopolitics & Conflict Venezuela: With gasoline prices in the United States at all-time highs–over $6 per gallon in California–the pressure is on the Biden…
I am a bit confused. The recent move down in the stock market makes perfect sense in a lot of ways but moves in other…
These are great times for NATO, as an organization and an alliance. After the fall of Communism in the 1990s, NATO lost its raison d’etre.…
U.S. West Texas Intermediate crude oil futures are inching higher on Friday, putting it in a position to finish higher for the week, as a…
U.S. West Texas Intermediate crude oil futures are trading slightly higher on Friday but are still in a position to post its first weekly loss…
1. Soaring Production Costs Stoke Fears of US Shale Slowdown- Just as US shale producers were poised to capitalize on high crude prices and bring…
Politics, Geopolitics & Conflict On the natural gas front, tit-for-tat measures between Ukraine, the European Union, and Russia led to a reduction in Russian natural…
Two months ago, in these very pages, I wrote that I had abandoned my long-term holdings in Tesla (TSLA) and viewed it once again as…
Let the second annexation begin … but it won’t go down like Crimea. In a rehashing of the events that led to Russia’s annexation of…