An overwhelming amount of attention has been paid to the US tight oil industry’s financial wellbeing following the unprecedented Covid-19-induced downturn of 2020, while the aspect of operational efficiency gains Continue Reading
In the weeks after President Biden’s inauguration, as the oil industry was facing a far less welcoming White House, a ConocoPhillips executive went pheasant hunting with the Democratic senator poised Continue Reading
U.S. Jobless Claims Hit 13-Month Low, Retail Sales Surge Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast , Spotify or Continue Reading
. It didn’t take a heat wave or freak winter storm this time to raise the specter of rolling blackouts in Texas. All it took was a mild spring day. Continue Reading
A much-awaited economic boom coming off the pandemic recession appeared to edge closer to reality Thursday with fresh data showing the pace of layoffs dwindling, consumers spending freely and manufacturing Continue Reading
Easing coronavirus lockdowns tied to the rapid rollout of Covid-19 vaccinations in the US has helped spark a sharp increase in American consumer spending and the lowest new jobless claims Continue Reading
The Biden administration on Thursday barred American banks from purchasing newly issued Russian government debt, signaling the deployment of a key weapon in Washington’s intensifying conflict with Moscow — threatening Continue Reading
The pandemic now looks very different depending on where you are in the United States. While some states have seen the crisis start to dissipate, a spring wave of coronavirus infections Continue Reading
Just a few short years ago, the United States was producing more shale oil than ever , pumping as much and as quickly as they could to keep up with Continue Reading
A vital source of funding for the US oil sector is drying up as private investors retreat, prompting stricken operators to make “last gasp” efforts to boost production and cash Continue Reading
