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Category: Oil Supply

Category:
  • Offshore
  • USA

Trump’s Offshore Plan Unlikely To Spark Drilling Rush

Last week, the Trump Administration proposed the most aggressive U.S. offshore oil and gas drilling plan since the Reagan Administration, offering to open more than 90 percent of the federal Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

EIA forecasts US crude oil production rate to break record high in 2018 and again in 2019; 10.3 and 10.8 million b/d

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 million b/d in 2018—the highest Continue Reading

Posted On : 10 Jan 2018 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Oil Companies Respond Slow To New U.S. Lease Plan

Analysts are saying that the oil and gas industry’s response to the Trump administration’s announcement last week—that almost all of the U.S. continental shelf may soon be open for drilling Continue Reading

Posted On : 9 Jan 2018 Published By : Tom Whipple
Category:
  • Offshore
  • USA

U.S. offers drillers nearly all offshore waters, but focus is on eastern Gulf

President Donald Trump’s administration has proposed opening up nearly all of America’s offshore waters to oil and gas drilling, but the industry says it is mainly interested in one part Continue Reading

Posted On : 9 Jan 2018 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Trump Proposes Most Aggressive Offshore Drilling Plan Ever

The Trump administration just proposed the most sweeping offshore drilling plan in history, a proposal that calls for opening up the Arctic, Atlantic and Pacific Oceans for drilling, while also Continue Reading

Posted On : 8 Jan 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Column: U.S. shale returns to growth, posing problem for OPEC: Kemp

U.S. crude oil prices have risen above $60 per barrel which should accelerate shale drilling and production in the next few months, provided the price increase is sustained. U.S. crude Continue Reading

Posted On : 6 Jan 2018 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Pacific Coast, Florida Oppose Offshore Oil Drilling Plan

The governors of California, Oregon, and Washington, as well as Florida’s Republican governor, are opposing the U.S. Department of the Interior’s plan to open more than 90 percent of the Continue Reading

Posted On : 6 Jan 2018 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Will Oil Majors Really Sink Money Into America’s Waters?: Gadfly

There are two big complications when it comes to capitalizing on America’s federal waters. (Bloomberg Gadfly) — Energy dominance begins at home, and that includes any beachfront property you might Continue Reading

Posted On : 6 Jan 2018 Published By : Tom Whipple
Category:
  • Oil Supply

Investors sense opportunities in Big Oil – but mind the gap

Investors are gaining confidence – up to a point – that 2018 will be the year of oil stocks. While shares in top energy companies have risen since mid-2017, they Continue Reading

Posted On : 5 Jan 2018 Published By : Tom Whipple
Category:
  • Oil Supply

The 5 Most Popular Energy Stories Of 2017

The year in which WTI went from barely above $50 to over $60 a barrel and Brent hit OPEC’s much sought after $65 was full of the usual mix of Continue Reading

Posted On : 5 Jan 2018 Published By : Tom Whipple

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