Oil Forecast From a Reputable Firm
The below charts were derived from the data published by a very reputable oil and gas analyst and forecaster in Texas. Because the firm charges for their data forecast I Continue Reading
The pig and the python: How American refineries are dealing with the oil glut
Record US crude oil inventory levels in 2015 reminds us of a pig crossing paths with a python. The pig is consumed by the snake, bulging in the reptile’s stomach Continue Reading
The Texas Job Miracle That’s About to Be Shale’s Next Victim
The “Texas Miracle” could become more like a mirage. For years, politicians in the second-largest U.S. state bragged that low taxes and loose regulations kept employment high while the rest Continue Reading
Big Oil Bracing for Fight to Keep Government Payments Hidden
Big energy companies are bracing for the next round in their fight to stop U.S. regulators from making them reveal what they pay foreign governments for rights to extract oil, Continue Reading
Peak oil is a reality with serious consequences
Sir, Martin Wolf, in “ Cheap oil puts humanity on a slippery slope ” (December 2) states: “The emergence of shale oil underlines what was already fairly clear, namely, that Continue Reading
Oil Tanker Rates Jump to Seven-Year High as Ships Forced to Wait
Oil tanker rates soared to the highest in seven years amid an acceleration in the number of bookings and signs that the ships are being delayed when unloading due to Continue Reading
Crude oil storage and capacity have increased in Cushing, Oklahoma and U.S. Gulf Coast
Note: Adjusted inventory equals commercial crude oil inventories less line fill (oil held in pipelines). Commercial crude oil inventories in Cushing, Oklahoma (located in Petroleum Administration for Defense District 2) Continue Reading
Canadian Oil Sands touts resilience
Even with oil priced below $50 per barrel, Canadian Oil Sands, a target of a takeover bid, said it will be able to stay in the black under a 2016 Continue Reading
Bottom Keeps Falling for Energy-Debt Investors
Investors targeting struggling energy companies are learning a painful lesson: Bankruptcy isn’t always the bottom. Those funds specialize in picking through bonds and loans to find ones that trade at Continue Reading
This Is The Beginning Of The End Of The Fossil Fuel Industry
The fossil fuel industry is at a crossroads. Oil and gas giants such as Royal Dutch Shell, ExxonMobil and BP continue to reap stupendous profits from selling products that contribute Continue Reading