In its nearly 100 years of production, the Permian Basin has never produced more oil than it produces today. I was there last week and saw the boom firsthand.
Look for U.S. oil production to reach a new record high in 2018. Also look for the patience of Tesla investors to be tested this year.
I accurately projected that oil would flow through the Dakota Access Pipeline in 2017, but had a big miss on the direction of the midstream sector.
The year in energy was dominated by a rollback of Obama-era regulations, and a strong recovery in the oil sector.
The tax bill recently signed by President Trump should be a boon to corporate America. The bill will drop the corporate tax rate from the current 35% to 21%. But energy companies, which have historically […]
Last year AAA reported that Americans waste billions of dollars each year on premium gasoline. A new AAA study concludes that’s true in most cases even if premium-grade is recommended for your car.
Appalachian Basin natural gas production has risen by 200% in the past five years. The region’s gas production now ranks ahead of all but two countries in the world.
Oil prices are probably headed higher in 2018, but higher oil production is likely to keep a lid on natural gas prices next year.
Oil prices are governed by cycles, and recent indications are that we are moving back into a cycle that will be governed by fear of insufficient oil supplies.
The International Energy Agency projects that the U.S. is set to become the world’s leading oil and natural gas production superpower. Is that realistic?