Chevron is arguably the best of the integrated super-major oil companies. For the past 20 years, Chevron has delivered superior returns to shareholders, outperforming the…
Over the weekend, I saw a passing reference on Twitter to the declining energy content of gasoline. Intuitively I know this to be correct for reasons…
According to data from the Energy Information Administration, during the first week of January this year the average retail price of gasoline was $2.24/gal. By…
Following the news that Chevron had agreed to pay a nearly 40 percent premium to acquire Anadarko Petroleum, investors quickly bid up the shares of…
Last week Saudi Aramco — the national oil company of Saudi Arabia and the world’s largest oil company — lifted a veil of secrecy around…
Saudi Aramco, the national oil company of Saudi Arabia, is by far the largest oil company in the world. The company produces around 13 percent…
The first quarter of the year is in the books. Following a steep sell-off in December, the S&P 500 returned 13.1 percent for the quarter,…
Last week the ethanol industry cheered when the EPA proposed a rule that would allow 15% ethanol blends to be sold year-round. But by the…
This week I am creating slides for a presentation I am giving in California later this month. While researching the material, I took a closer look at…
Last week I wrote an article — Water Is Not A Fuel — discussing a press release I had received from Australian-Israeli startup Electriq~Global. As I noted in that article,…
Each week I receive press releases about “game-changing technologies” in the energy space. The number of these technologies that ultimately end up as game-changers is…
I don’t really drive enough to make an electric vehicle (EV) a compelling value proposition, but if my commute was a bit longer it is…
In this final installment of a series (See also Article 1 and Article 2) examining Saudi Arabia’s oil reserves, I want to examine several metrics to see how…
Officially, Venezuela has the world’s largest crude oil reserves with 303 billion barrels of proved reserves. But, a lot of this oil is extra-heavy crude…
In the previous article, I discussed the global nature of the oil markets. But the shale oil boom in the U.S. temporarily increased the localized impact on the West…
Oil markets are global, and therefore oil prices around the world generally move in tandem. There are differences in oil prices based on quality and…
The Energy Information Administration has released its Annual Energy Outlook (AEO) 2019 with projections to 2050. The purpose of the AEO is to provide long-range energy projections for…
Last August I warned that a Natural Gas Price Spike May Be Looming. The reason for the warning was that natural gas in storage – which…
On New Year’s Day, President Trump tweeted: (Click to enlarge)President Trump’s tweet on gasoline prices. I have written many times about the limited impact a sitting…
As we begin 2019, the energy markets and the stock markets are experiencing incredible volatility. Both underwent steep declines during the latter part of last…