Michael Kern

Latest articles from Michael

• Crisis Fuels Qatar’s New Gas Boom

  Published 20 July 2020 | viewed 26,434 times

  The current energy market crisis could benefit Qatar and fuel a second gas boom, PwC said in a report, as cited by the Gulf Times.…

• Indebted Mexican State Oil Firm Plans $22-Billion Debt Swap

  Published 08 July 2020 | viewed 10,221 times

  Mexico’s state-owned oil firm Pemex, which has US$105 billion in debt, is planning a debt swap for a total of US$22.4 billion long-term bonds, according…

• The Cowboy State Is Hurting As Low Oil Prices Persist

  Published 13 June 2020 | viewed 61,176 times

  The Cowboy State is struggling. Low demand for oil, gas, and coal is crippling the local economy, and lawmakers are scrambling for solutions. Production has…

• Oil Prices Crash On Second Wave Of COVID-19

  Published 11 June 2020 | viewed 116,084 times

  Oil has had a turbulent year. Crude prices went negative for the first time in history, followed by one of the biggest rallies the industry…

• U.S. Lawmakers Propose A Major Clean Energy Stimulus

  Published 10 June 2020 | viewed 14,855 times

  As tens of millions of Americans remain jobless following the COVID-19 shock that took the world by storm, some United States lawmakers are calling for…

• The Big Tech Company Backing Canada's Oil Sands

  Published 01 June 2020 | viewed 19,066 times

  As uncertainty continues to wreak havoc on the global crude market, a surprising partnership between Amazon and one of Canada’s most controversial oil companies may…

• A Nightmare Scenario For Offshore Oil

  Published 30 May 2020 | viewed 81,835 times

  Between low demand, soaring inventories, depressed prices, a global pandemic, and now, hurricane season, it seems a perfect storm is forming around the offshore oil…

• America's Oil & Gas Capital Is Turning To Renewables

  Published 28 May 2020 | viewed 45,563 times

  When we think of Texas, we think of Big Oil. Even more so in its largest city, Houston. Home to some of the world’s largest…

• Energy Executives See Big Payday Despite Oil Crash

  Published 27 May 2020 | viewed 42,251 times

  The coronavirus pandemic has shaken Big Oil to its core. Many companies have lost over a quarter of their value since the crisis began, and…

• Tacking The U.S. Infrastructure Crisis Could Save The Economy

  Published 26 May 2020 | viewed 19,321 times

  Spending on public projects helped pull the United States out of the Great Depression and created a lasting network of employment that helps support America…

• Is Dieselgate Finally Over?

  Published 25 May 2020 | viewed 10,066 times

  Five years after the massive Dieselgate scandal made global headlines, a German court is now ready to wrap up the case against Volkswagen, ordering the…

• Oil Prices Jump 28% But Analysts Warn More Carnage Still To Come

  Published 29 April 2020 | viewed 114,383 times

  The price of key U.S. benchmark West Texas Intermediate shot up 18 percent in early trading this morning as new reports emerged suggesting that the…

• Are Oil Prices Heading Back Into Negative Territory?

  Published 28 April 2020 | viewed 48,774 times

  Oil slipped another 20 percent in early trading on Tuesday morning before paring some of its losses as the world continues to grapple with lockdown…

• Oil Prices Crash 24% As Storage Fears Mount

  Published 27 April 2020 | viewed 91,314 times

  Oil prices look to be facing yet another harrowing Monday, with the price of WTI sliding by more than 20 percent in early morning trading.…

• How Working From Home Will Impact Oil Demand Forever

  Published 23 April 2020 | viewed 29,584 times

  It's day 33 for me. I leave the house to walk the dog and occasionally swing by the corner store. But that's about it. I…

• “A Great Time To Buy Oil” Trump Looks To Fill Strategic Petroleum Reserve

  Published 21 April 2020 | viewed 16,902 times

  With the perfect storm of global demand destruction and the world running out of places store tens of millions of barrels of crude raining down…

• Brent Crude Oil Prices Fall 20% As Panic Sweeps The Market

  Published 21 April 2020 | viewed 32,526 times

  After yesterday's historic crash which left the West Texas Intermediate U.S. benchmark settling at -$37, panic is beginning to spread through markets, with Brent crude…

• Oil Prices Hit $15 For The First Time In 21 Years

  Published 19 April 2020 | viewed 262,841 times

  A gruesome combination of crumbling demand for crude and global storage filled to its brim has pushed oil prices to levels not seen in over…

• Over 500,000 Clean Energy Jobs Could Be Lost By The End Of June

  Published 17 April 2020 | viewed 14,276 times

  The world is grappling with one of the most - if not the most - devasting crises of a generation. It's forced people into their…

• Western Canadian Select Falls Below $5

  Published 15 April 2020 | viewed 42,221 times

  Canadian oil is struggling. And I mean really, really having a tough time. Alberta's benchmark, Western Canadian Select, is now cheaper than a pint of…