I have been warning since January that the long-term ramifications of the ongoing coronavirus (COVID-19) outbreak on the oil industry could be significant and long-lasting.…
It’s hard to overstate the nature of what has happened in the oil markets since the beginning of the coronavirus (COVID-19) outbreak in early January.…
It’s no secret that the growth of U.S. shale oil has been a thorn in the sides of both Saudi Arabia and Russia. They have…
Last week someone commented to me that Chevron could now buy Occidental Petroleum cheaper than it offered to acquire Anadarko. There is an element of…
Last week OPEC conducted meetings with a coalition of partners that have worked together to limit oil production since 2016. It was widely reported that…
The oil markets have been anticipating a big impact on oil demand from the coronavirus outbreak. That’s why we have seen a 30 percent drop…
Recently Senator Bernie Sanders acknowledged that he had been briefed by U.S. intelligence on Russia’s attempts to interfere in U.S. elections on his behalf. In…
Last week Jeff Bezos, founder, president and CEO of Amazon — and the world’s richest person — announced in an Instagram post that he would commit…
Since the turn of the century, there has been a global explosion in the production of renewable power. According to the 2018 BP Statistical Review…
As 2019 came to a close, oil prices were under pressure from the continued surge of U.S. shale oil. Although OPEC and its partners had…
The book “The Black Swan” was written by former Wall Street trader Nassim Nicholas Taleb to describe rare, outlier events that can’t be predicted beforehand,…
In December 2015, President Obama signed into law the Consolidated Appropriations Act, 2016. A provision of this bill repealed a crude oil export ban that…
Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services and midstream bankruptcies from…
One of my energy sector predictions for this year was that oil prices would not drop below $50 a barrel. This may turn out to…
Following recent articles I wrote on both lithium-ion and lead-acid batteries, I received significant correspondence about the environmental pros and cons of both types of battery. In this article…
We begin 2020 with the stock market again testing record highs. We just finished a year in which oil prices rose by more than 30…
With tensions in the Middle East high, I have fielded a number of queries on how this might impact the world’s oil markets. Today I…
I had originally intended on presenting my 2020 energy sector predictions today, but those aren’t quite ready. I expect to publish that column no later…
I close out every year with a story on how my annual predictions fared, followed by what I felt were the top energy stories of…
At the beginning of each year, I make several predictions about the energy sector for the upcoming year. You can see those predictions and read…