Michael Kern

Latest articles from Michael

• IEA Tells OPEC To “Open The Taps”

  Published 11 June 2021 | viewed 29,541 times

  Oil prices climbed on Friday as the IEA boosted optimism about global oil demand recovery.Friday, June 11th, 2021Oil prices showed modest gains on Friday, after…

• Will Iraq’s $40 Billion Bet On Nuclear Power Solve Its Energy Crisis?

  Published 08 June 2021 | viewed 1,936 times

  Iraq is in the process of developing a US$40-billion plan to build nuclear reactors as OPEC’s second-largest producer looks to end continual power outages amid…

• What’s More Probable? $100 Oil Or $500,000 Bitcoin

  Published 25 May 2021 | viewed 13,679 times

  This is the age of wild predictions, for both commodities and cryptocurrencies, but with oil, at least here are some fundamentals to go by.  For…

• New Mexico Proposes Tougher Emission Rules For Oil & Gas

  Published 07 May 2021 | viewed 2,033 times

  Oil and gas companies in New Mexico may be in for a rude awakening, with a new law that would disallow any oil and gas…

• Oil Prices Pull Back After A Big Week

  Published 30 April 2021 | viewed 5,820 times

  It was a big week for oil markets as demand optimism sent oil prices beyond $65 and oil majors reported promising earnings, but prices pulled…

• Bullish Oil News Offset By New Lockdowns In India

  Published 23 April 2021 | viewed 5,674 times

  Oil demand is finally bouncing back but a new COVID spike in India could threaten the rebound.For more great energy content, make sure you subscribe…

• Texas Freeze Led To 10.6% Higher Natural Gas Withdrawals  

  Published 16 April 2021 | viewed 2,204 times

  Due to the winter storms in February, net natural gas withdrawals from storage this heating season exceeded the five-year average by 10.6 percent, the Energy…

• Russia Begins Black Sea Drilling As Tensions Rise With Ukraine

  Published 14 April 2021 | viewed 2,983 times

  Russia’s Navy began drills in the Black Sea on Wednesday amid growing tensions with Ukraine and ahead of the expected arrival of two U.S. warships…

• Record High Fuel Prices Hurt India’s Oil Demand

  Published 14 March 2021 | viewed 17,473 times

  Record-high gasoline and diesel prices stalled India’s fuel demand recovery in February, with oil consumption down by 5 percent to its lowest level since September…

• Iran To Receive $1 Billion In Oil Funds Previously Blocked By Sanctions

  Published 23 February 2021 | viewed 2,333 times

  Iran said on Tuesday that South Korea had started to release the first US$1 billion of the US$7 billion Iranian oil funds blocked in Korean…

• Bitcoin Surges To All-Time Highs On Tesla’s $1.5 Billion Investment

  Published 08 February 2021 | viewed 6,280 times

  Elon Musk has been on a crypto tear over the past two weeks. It began with a number of posts promoting a fun meme-based cryptocurrency…

• Understanding The True Cost Of Net Zero Emissions

  Published 03 February 2021 | viewed 4,303 times

  The journey to net-zero emissions will have a cost for everyone, and policymakers should clearly explain this to consumers, Total’s chairman and CEO Patrick Pouyanné…

• Duke Energy Customers Could Pay $5 Billion For Stranded Plants

  Published 27 January 2021 | viewed 3,029 times

  Customers of Duke Energy in the Carolinas could end up paying more than $4.8 billion for planned natural gas-fired capacity that could become stranded as…

• IEA: Energy Transition In Developing Economies Crucial To Climate Goals

  Published 27 January 2021 | viewed 1,446 times

  Massive investment in renewable energy in the developing economies, which are set to produce most of the global emissions in the coming years and decades,…

• Britain Bets Big On Battery Storage

  Published 30 November 2020 | viewed 3,175 times

  The UK Department for Business, Energy and Industrial Strategy (BEIS) has approved the construction of the biggest battery storage project in the UK, and one…

• Volkswagen Readies Compact EV For 2023

  Published 28 November 2020 | viewed 8,123 times

  Volkswagen will look to reduce its portfolio of internal combustion engine vehicles, while speeding up the development of a compact electric vehicle that could cost…

• Viral Video Of Water On Fire Reveals A Natural Gas Leak In China

  Published 26 November 2020 | viewed 3,424 times

  Residents in a natural gas-producing northeastern Chinese province have made a video of tap water being set on fire with a lighter—a video that went…

• Enbridge Sues To Stop Michigan From Shutting Down Pipeline

  Published 25 November 2020 | viewed 6,618 times

  Enbridge filed on Tuesday a federal complaint at a U.S. district court seeking an injunction to stop Michigan’s order for closure of the Line 5…

• Colorado Approves Stricter Rules For Oil & Gas Drilling

  Published 24 November 2020 | viewed 3,282 times

  The Colorado Oil and Gas Conservation Commission (COGCC) approved this week stricter rules for oil and gas drilling, extending the setbacks for oil wells from…

• Libya's Oil Company Clashes With Central Bank Over Earnings

  Published 23 November 2020 | viewed 3,146 times

  Libya’s National Oil Corporation (NOC) will not be transferring the revenues from crude oil sales to the Central Bank of Libya until the bank adopts…