Recent Articles

Saudis could face an open revolt at next OPEC meeting

Posted on August 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil.

What's really at stake with the Iran nuclear deal

Posted on August 20, 2015

Iran's nuclear deal is about much more than the price per gallon. What the U.S. and its allies are trying to accomplish is no less than the reversal of political hostilities that have marginalized Iran for over thirty years and fueled hostility across the region.

The Saudi oil price war is backfiring

Posted on August 12, 2015

With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump.

Global oil supply more fragile than you think

Posted on August 7, 2015

The growing acceptance that oil prices could stay lower for longer will kick off a fresh round of cuts in spending and workforces for the oil industry.

Could WTI trade at a premium to Brent by next year?

Posted on August 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory.

Top 6 myths driving oil prices down

Posted on August 4, 2015

Over the last few weeks I have witnessed another litany of lies that the media insists on putting forth. They come in the form of statements presented as facts to sway opinion while others are opinions quoted by others.

Former Exxon President on mission to clean up oil sands

Posted on July 31, 2015

Canada has given oil sands a dirty reputation, but a breakthrough, commercially viable technology has caught the eye of a former Exxon Mobil president who is putting it to use to clean up Utah's billions of barrels of oil sands.

Warren Buffett and Elon Musk to spark a lithium boom

Posted on July 29, 2015

This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics.

Saudis expand price war downstream

Posted on July 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector.

More job losses coming to U.S. shale

Posted on July 22, 2015

Surprisingly, a recent IHS study had revealed that the U.S. shale sector has been boosting job creation in addition to supporting around 1.7 million jobs in U.S.

The multi-trillion dollar oil market swindle

Posted on July 15, 2015

These distortions, which are affecting price through media hype and/or direct/indirect price manipulation, are quite possibly the largest in financial history.

OPEC, get ready for the second U.S. oil boom

Posted on July 14, 2015

What OPEC countries fear most is a follow-up technological revolution that will lead to a second oil boom in the U.S., and that fear is now being realized.

Is Saudi Arabia leaving the U.S. behind for Russia?

Posted on July 7, 2015

The news from the recent St. Petersburg Economic Forum, which took place from June 18 to 20, inspired a torrent of speculation on the future direction of energy prices.

How Canada's emissions cuts could spur Keystone XL pipeline approval

Posted on July 6, 2015

Ottawa hopes new emissions rules will get the long-delayed Keystone XL pipeline one step closer to US State Department approval.

U.S. oil glut an EIA invention?

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.

Why Buffett bet a billion on solar

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.

China’s energy demand may not increase until 2017

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.

The dark side of the shale bust

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.

Busting the "Canadian Bakken" myth

Posted on June 11, 2015

ConocoPhillips and Husky have both suspended exploration in the play, scared off by the oil price rout.

The evolution of the oil weapon

Posted on June 4, 2015

In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare.

Coal facing worst year yet in 2015

Posted on May 31, 2015

China continues to ratchet down.

This innovation will help U.S. companies win The Oil Price War

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.

David V. Goliath: Small-cap tech to save giant coal

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.

Why the US should worry about oil sector jobs

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.

Have natural gas prices bottomed?

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.

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