In Kern County, California, one of the nation’s biggest oil producers, tumbling energy prices have wiped more than $8 billion from its property-tax base, forcing officials to tap into reserves Continue Reading
A growing number of energy companies that have filed or will soon file for bankruptcy court protection are likely to be liquidated, with their prospects diminished by the latest falls Continue Reading
Energy companies and oil trading firms that teamed up to build several mini-refineries that convert a swelling surplus of ultra-light U.S. crude into fuels for export seemed like a pretty Continue Reading
In 2015, the fracking outfits that dot America’s oil-rich plains threw everything they had at $50-a-barrel crude. To cope with the 50 percent price plunge, they laid off thousands of Continue Reading
Many energy analysts like to make predictions at the end of the year for the coming year. Instead, I’ll point to five possible surprises in energy–surprises because few people expect Continue Reading
In a sign that U.S. energy producers think oil and gas prices will languish through next year, several are slashing their already slimmed-down budgets even more. ConocoPhillips plans to cut Continue Reading
Introduction As I have done for several years now, I like to close out the year by highlighting the top stories in the energy sector. The 2015 list was challenging, Continue Reading
The drivers to implement digital oilfield technology remain the same, but low oil prices will pressure companies to continue focusing on greater efficiency, productivity and safety. The oil and gas Continue Reading
Colorado cities with the potential to host hydraulic fracturing campaigns could lose up to $1 million in tax revenue if bans are enforced, analysis finds. The Colorado Supreme Court heard Continue Reading
Presentation to the American Geophysical Union fall meeting, December 17, 2015, San Francisco; Union Session on “Is Peak Oil Dead and What Does It Mean for Climate Change?” According to Continue Reading
