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Category: Oil Supply

Category:
  • Oil Supply

Key Indicator Shows Signs Of Oil Market Recovery

The North American Frac Spread Count has increased to triple digits this week, according to big data company Primary Vision . The Frac Spread Count, which calculates the fracking completion Continue Reading

Posted On : 1 Oct 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Summary of Weekly Petroleum Data for the week ending September 25, 2020

Summary of Weekly Petroleum Data for the week ending September 25, 2020 U.S. crude oil refinery inputs averaged 13.7 million barrels per day during the week ending September 25, 2020 Continue Reading

Posted On : 1 Oct 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. Onshore Oil Production To Fall Amid Slowdown In Drilling

Oil production from the US lower 48 states, excluding the Gulf of Mexico, peaked at 9.2 million barrels per day in August following back-to-back increases since June. This climb has Continue Reading

Posted On : 1 Oct 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US oil output jumps 538,000 b/d on month to 10.98 million b/d in July: EIA

Highlights North Dakota retakes No. 2 spot from New Mexico Offshore output increases 5% ahead of storm season Platts Analytics sees 2021 output at 10.24 million b/d Washington — US Continue Reading

Posted On : 1 Oct 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US crude stocks drop as exports surge to 20-week high

US crude inventories unexpectedly declined in the week ended Sept. 25 as exports surged to a 20-week high, US Energy Information Administration data showed Sept. 30. Receive daily email alerts, Continue Reading

Posted On : 1 Oct 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • Shale Oil
  • USA

Oil bankruptcies could shift clean-up bill to US taxpayers

US taxpayers could be left footing a bill of tens or even hundreds of billions of dollars to clean up oil and gas wells across the country as a growing Continue Reading

Posted On : 1 Oct 2020 Published By : Tom Whipple
Category:
  • Peak Oil

Another Oil Major Sees Peak Oil Demand On The Horizon

French energy giant Total SE (formerly Total S.A.) spread more doom and gloom into the oil markets today, foretelling of the oil industry’s ultimate horror—peak oil demand. In its Energy Continue Reading

Posted On : 30 Sep 2020 Published By : Tom Whipple
Category:
  • Climate
  • Shale Oil

Rejoining Paris Would Be Easy for Biden. The Hard Part Is Averting Climate Disaster

For a President Joe Biden, rejoining the Paris Agreement would be almost as simple as signing an autograph. The hard part would be everything else. With global warming already fueling wildfires, Continue Reading

Posted On : 30 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Joe Biden Could Never Ban Fracking

I have always viewed politicians that promise to ban hydraulic fracturing — commonly known as “fracking” — with some level of suspicion. In fact, a year ago as candidates were Continue Reading

Posted On : 30 Sep 2020 Published By : Tom Whipple
Category:
  • Offshore

Offshore Oil & Gas Pipelines Will See A Speedy Recovery

The global oil and gas market demand for large-diameter offshore pipeline, known as trunkline, is set for an annual drop of 26% this year, with the size of total installations Continue Reading

Posted On : 30 Sep 2020 Published By : Tom Whipple

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