U.S. Shale Sends OPEC Deal Back To Square One
True to its perpetually optimistic form, OPEC, which last month for the first time conceded to the threat posed by rising U.S. shale production… sharply raised its demand forecast for Continue Reading
U.S. Shale Output Rises As OPEC Production Falls To 6-Month Low
OPEC’s crude oil production dropped to a six-month low in November, while U.S. and other non-OPEC supply has grown stronger than initially expected this year, which prompted the cartel to Continue Reading
Rising U.S. output threatens global oil market balance in 2018
The global oil market will likely show a surplus in the first half of 2018, as rising U.S. supply offsets OPEC’s discipline in maintaining its production cuts for the whole Continue Reading
Investors pour cash into U.S. shale despite questions on returns
Financiers keep pouring cash into the shale oil sector, providing producers with a path to keep U.S. output rising through the middle of the next decade. The United States is Continue Reading
The ‘Unknown Unknowns’ That Threaten U.S. Shale
Three years after the oil price crash, the U.S. shale patch is on its second growth phase and is expected to continue to increase its production, at least through the Continue Reading
Will Oil Producers Do As They Say Or Do As They Sell?
North America’s oil producers have adopted a meek tone of late. But the numbers suggest they’re locked and loaded heading into 2018. North America’s oil producers have adopted a meek Continue Reading
Fracking Our Way to Mideast Peace
Whatever you think of President Trump’s decision to recognize Jerusalem as Israel’s capital, it points to the most important strategic reality in the Middle East: Arab power has collapsed in Continue Reading
Nodding Donkeys Fail as Long Shale Wells Make Pumping Oil Harder
Imagine trying to slurp a thick chocolate shake through a J-shaped straw four miles long. That’s the kind of cheek-puckering test the American shale industry must overcome to prolong a Continue Reading
Are U.S. Shale Stocks Finally Set For A Rebound?
After years of meager returns and overspending to boost production at all costs, U.S. shale explorers and drillers are finally about to see their share prices rise next year, according Continue Reading
Why Isn’t Wall St. Backing The Next Shale Boom?
No doubt, these four companies are solid and have a lot of running room, but so are the other 12 companies. Plus, all of the upstream oil & gas companies Continue Reading