Why ExxonMobil Earned More Under Biden Than Under Trump

The oil industry has historically been politically conservative. In turn, Democratic politicians have often been hostile toward the industry. Nevertheless, oil companies have recorded some of their largest profits during Democratic administrations. For example, neither […]

Global Leaders In Shale Oil And Gas Reserves

The U.S. is the global leader in the production of natural gas and oil derived from shale formations. However, there are other countries with significant quantities of technically recoverable resources. In 2015 the U.S. Energy […]

The U.S. Leads The World In Reducing Carbon Emissions

Following my previous story on the pause in U.S. liquefied natural gas exports, some readers had a hard time believing that the U.S. leads the world in reducing carbon emissions. Some suggested this was only […]

How an LNG Export Ban Could Increase Carbon Emissions

President Biden recently announced a “temporary pause on pending approvals of liquefied natural gas exports.” This announcement comes on the heels of news that in 2023 the U.S. surpassed Qatar and Australia to become the […]

Shale Boom Powers U.S. To Third Consecutive Annual Natural Gas Record

I previously reported that the U.S. set a new oil production record in 2023 and became the world’s top liquefied natural gas exporter. I also noted that it was likely that the U.S. set a […]

My 2024 Energy Sector Predictions

It is time to make my energy sector predictions for this year. The year promises to be challenging because there are more variables in play than normal. Russia’s ongoing invasion of Ukraine, the U.S. presidential […]

How The U.S. Became The World’s Top LNG Exporter

In 2003, the late author and investment banker Matther Simmons predicted that with “certainty,” by 2005 the U.S. would enter a long-term natural gas crisis for which the only solution was “to pray.” T. Boone Pickens […]

The Top Performing Energy Stocks Of 2023

The year ended on a solid note, with most sectors notching double-digit gains in the fourth quarter. However, the energy sector, which was the top-performing sector in the third quarter, pulled back in the fourth […]

The Top 11 Oil-Producing States In 2023

U.S. oil production has increased by 21% over the past five years. According to data from the Energy Information Administration (EIA), earlier this month U.S. oil producers set a new annual production record. This increase […]