There hasn’t been much Permian-centric M&A follow-through from last spring’s buy-out of Anadarko Petroleum by Occidental, (NYSE: OXY). At the time, the sages and pundits were widely predicting an M&A Continue Reading
Many companies in America’s oil patch were already struggling when the coronavirus came around. Investors are worried some won’t pull through. U.S. benchmark crude prices started the year strong, rising Continue Reading
BLM leadership expanded oil drilling in Colorado over local staff objections The Bureau of Land Management’s (BLM) Washington office ignored the advice of its Colorado staff, deciding to expand oil Continue Reading
A Republican defending his seat on Texas’s all-powerful energy regulator is preparing a first-of-its-kind report on natural gas flaring, a practice that’s come under fire from environmental groups and even Continue Reading
It’s business as—almost–usual in the United States, even after a fifth week of faltering oil prices as the coronavirus outbreak eats away at oil demand and strikes fear in the Continue Reading
The Global Economy is heading for serious trouble when the disintegration of the U.S. Shale Oil Industry begins, likely within the next few years. With Global GDP growth based on Continue Reading
Much of the cheap oil has been produced, and the oil industry is increasingly relying on costly reserves. While the world is awash in supply right now, the market may Continue Reading
A government research report produced by Finland warns that the increasingly unsustainable economics of the oil industry could derail the global financial system within the next few years. The new Continue Reading
US Senator Bernie Sanders, a leading Democratic presidential candidate, has introduced legislation to phase in a nationwide ban on hydraulic fracturing and immediately block all federal permits on “fracked” oil Continue Reading
In mid-January, Adam Waterous, who operates the private equity firm Waterous Energy Fund, made a prediction about the crown jewel of the U.S. shale oil industry, the Permian shale play Continue Reading
