Posted on April 22, 2015
When oil prices recover-and plenty of analysts think the climb back up will start soon-Canada's western frontier of Saskatchewan and neighboring Alberta will 'still have the edge', according to a report from TD Economics.
Posted on April 19, 2015
Last night the EIA once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output.
Posted on April 15, 2015
Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering.
Posted on April 10, 2015
OPEC has been the most talked about international organization among investors, analysts and international political lobbies in the last few months.
Posted on April 9, 2015
The upstream oil and gas industry is not a black hole. There's no mystery wrapped in an enigma here.
Posted on April 4, 2015
It appears as if oil prices could be on the verge of a rebound, with new data showing that the U.S. oil patch is hitting an inflection point.
Posted on March 28, 2015
The newest Mercedes autonomous car looks like a car on the outside but like a lounge on the inside, with four swivel seats facing each other in a multimedia bubble of padded leather and walnut veneer.
Posted on March 20, 2015
The future for the coal industry is looking “increasingly bleak,” according to an investor’s note from Macquarie Research.
Posted on March 18, 2015
Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground.
Posted on March 12, 2015
It is estimated that for every penny gas goes down, consumers collectively save $1 billion.
Posted on March 11, 2015
Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year.
Posted on March 4, 2015
Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense.
Posted on February 25, 2015
If you have been following the price of oil over the last few months, the chances are you're a little confused. On the one hand you have the likes of A. Gary Shilling who, in this Bloomberg article, loudly trumpets …
Posted on February 24, 2015
In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand would grow with it, outpacing supply, thus lifting the oil price from $147 to over $200 a barrel.
Posted on February 19, 2015
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.
Posted on February 11, 2015
The biggest winners will be those investors who are stepping into the market right now, investing in conventional oil stories.
Posted on January 29, 2015
My opinion is that all of the analysts who are now blaming the sharp drop in oil prices on a “glut” of supply could change their tune quickly as consumers adjust to lower fuel costs.
Posted on January 28, 2015
The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality, as Prime Minister Arseniy Yatsenyuk is leading the great deception.
Posted on January 21, 2015
U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending.
Posted on January 15, 2015
This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional becomes increasingly uneconomical.
Posted on January 9, 2015
With all the conspiracy theories surrounding OPEC's November decision not cut production, is it really not just a case of simple economics?
Posted on January 7, 2015
As we ring in the New Year, let's take stock of where we are at with the oil markets.
Posted on January 6, 2015
Low oil prices today may be setting the world up for an oil shortage as early as 2016.
Posted on December 29, 2014
The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through its OPEC Trojan horse, for driving down the price, thus causing serious damage to the world's major oil exporters – most notably Russia.
Posted on December 10, 2014
New oil projects are being scrapped in Norway amid falling production and low oil prices.
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