Posted on June 29, 2015
In the latest weekly production data from the EIA, on the back of recent March revisions, the U.S. managed to post a 76,000 barrel per day increase in the lower 48.
Posted on June 28, 2015
During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap.
Posted on June 21, 2015
In this post I revisit the energy production and consumption data for China looking for clues about the future direction of global energy markets.
Posted on June 16, 2015
The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows.
Posted on June 11, 2015
ConocoPhillips and Husky have both suspended exploration in the play, scared off by the oil price rout.
Posted on June 4, 2015
In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare.
Posted on May 31, 2015
China continues to ratchet down.
Posted on May 21, 2015
Although some US oil companies are struggling with low oil prices, a new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs.
Posted on May 7, 2015
The Environmental Protection Agency's (EPA) new mercury pollution regulations that took effect last month opened the flood gates for a new multi-billion-dollar energy industry that has investors scrambling to get in on second-generation technology poised for massive revenue gains.
Posted on April 30, 2015
There is little doubt that as oil prices fall, some people working in that sector will lose their jobs. What is less clear is the impact those job losses will have on other sectors of the economy.
Posted on April 29, 2015
Last Friday we finally got confirmation of where all the natural gas supply has been coming from as Cabot (COG) reported its earnings.
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.
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