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.
Posted on December 4, 2014
The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns.
Posted on November 27, 2014
Not gone and not forgotten, China is ready to solidify its claim to the South China Sea (SCS).
Posted on November 25, 2014
When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom.
Posted on November 13, 2014
With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending.
Posted on November 10, 2014
I discussed last week about the municipal approval of restarts for two nuclear reactors in Sendai, Japan. With one of the knock-on items to watch for being further approval from the regional government here. We didn’t have to wait long.
Posted on November 6, 2014
The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics.
Posted on October 22, 2014
Slumping oil prices are putting pressure on U.S. drillers.
Posted on October 2, 2014
Oilprice.com set out to discover which countries use the most energy and why.
Posted on September 30, 2014
Unsatisfied with the pace at which the federal government is acting to reduce greenhouse gas emissions, several U.S. states and a few Canadian provinces are forging ahead with their own initiatives.
Posted on September 24, 2014
Not even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has made this the hottest and fastest-paced hydrocarbon scene on the continent.
Posted on September 18, 2014
In the world of a constantly changing oil and gas environment, the Montney shale basin is the sleeping giant that holds the key to accelerating Canada’s shale oil and gas boom, but the real treasure within this giant is a tight liquids-rich zone (approximately 15-20 miles wide) that has big and small players alike narrowing their focus for the potential of a giant payout.
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