Oil Market Fears: War, Default And Nuclear Weapons
The U.S. is one of the few areas of the world in which there is an energy investment boom underway, a development that could smooth out the uncertainties of geopolitical Continue Reading
U.S. Shale Surge Offsets Lowest Saudi Oil Imports Since 1980s
American crude production rose to record in November U.S. petroleum exports soared to fresh highs in 2017 America’s role in the global oil market was flipped on its head in Continue Reading
U.S. crude oil production hit all-time record in November: EIA
U.S. crude oil production shattered a 47-year output record in November, and then retreated slightly in December, the Energy Information Administration said on Wednesday, as oil production from shale continued Continue Reading
For many Republicans, Trump’s offshore drilling plan and beaches don’t mix
After waiting in the morning chill for other lawmakers to speak, state Rep. Nancy Mace finally took the microphone. She was the General Assembly’s newest member, only four weeks on Continue Reading
Texas oil production topped 1 billion barrels last year
Total crude oil production from Texas last year topped 1 billion barrels and daily production in December was 5 percent higher year-on-year, data show. Texas is the No. 1 oil Continue Reading
SandRidge Lays Off 30% of Oklahoma City Staff
As the company restructures, SandRidge Energy has determined a need for staff reductions at its headquarters. SandRidge Energy Inc. is laying off 30 percent of its workforce (80 employees) at Continue Reading
Don’t Confuse Peak Oil And The Peak Oil Debate
In the past five years of writing about energy one of my favorite observations has been that people get into trouble because they “confuse Peak Oil and the Peak Oil Continue Reading
Democrats warn against cut to offshore oil royalties
Top Democrats on the Senate and House natural resources committees urged the Interior Department on Tuesday to drop a proposed cut to offshore oil and gas royalties, warning such a Continue Reading
Global Energy Demand Could Grow 124% by 2100: Even Fossil Fuels Won’t Cut It
Where will the world get its energy in 2100? A forecast this month showed the world might need 124 percent more energy in 2100, raising questions over where the capacity Continue Reading
Shale Drillers Are Supersizing Fracking
Shale drillers have squeezed more oil out of a given well over the past few years by becoming more efficient in their drilling operations. But the industry is still scaling Continue Reading