Major Oil Indicator Reaches Lowest Level Ever Recorded
The oil market is still in a state of uncertainty — with a lot of major indicators (including crude prices) in rapid flux. And news this week shows that the Continue Reading
Shell starts new production in Gulf of Mexico
After taking a partial cash offer for assets in the region, Royal Dutch Shell said it started production at its deepest project yet in the Gulf of Mexico. Shell said Continue Reading
Art Berman: Central Bankers Don’t Understand – The Economy Runs on Energy, Not Money
The following is a summary of our recent interview with Art Berman, which can be listened to in full on our site here or on iTunes here . There’s a Continue Reading
Despite cuts, Big Oil to expand production into the 2020s
Never mind the drop in crude prices, huge spending cuts and thousands of job losses – the world’s top oil and gas companies are set to produce more than ever Continue Reading
Disposal Wells’ Link to Oklahoma Earthquake Scrutinized
The U.S. Geological Survey is examining whether the 5.6-magnitude earthquake that shook Oklahoma on Saturday and tied for the strongest temblor ever recorded in the state was triggered by the Continue Reading
Where Will Gulf Of Mexico Oil Production Go From Here?
In this post, I will address 3 topics relating to the Northern Deepwater Gulf of Mexico – 1. Historical oil production 2. One view of the future of exploration 3. Continue Reading
Column: U.S. gasoline stockpiles look manageable as summer ends
U.S. gasoline stockpiles remain at record highs for the time of year but excess inventory is smaller than it appears once adjusted for the higher level of domestic consumption and Continue Reading
World Population Growth Is Speeding Up, Not Slowing Down; No Peak in Sight and Consequences Will Be Catastrophic
In a career that spans three decades, three countries and more than 30 states, Leon has managed environmental impact statements for many federal agencies on projects ranging from dams and Continue Reading
Russia and Saudi Arabia to Work Toward Oil-Market Stability
Russia’s Putin discusses oil with Saudi Deputy Crown Prince Countries agree cooperation needed to stabilize oil markets Saudi Arabia and Russia agreed to work together to ensure oil market stability Continue Reading
Oil-Pipeline Protest Turns Violent in North Dakota
A protest of a four-state, $3.8 billion oil pipeline turned violent Saturday after tribal officials said construction crews destroyed American Indian burial and cultural sites on private land in southern Continue Reading