OPEC embarked upon a disastrous strategy in 2014 when it decided to defend market share against U.S. shale oil producers, but its new strategy is having the desired effect on the oil markets.
OPEC Strategy Bears Fruit As Oil Prices Break Out
Category: Forbes
U.S. Ethanol Policy Under Siege
The U.S. ethanol industry is facing the most intense pressure to reform since the 2005 Renewable Fuel Standard was implemented.
The Permian Basin’s Looming Bottleneck
Permian Basin oil production is booming, but the growth rate is being threatened by rapidly growing volumes of associated natural gas.
Master Limited Partnerships Are Cheap
The greatest disconnect between oil prices and companies in the energy sector is with Master Limited Partnership (MLPs).
Saudi Arabia Bets On A Solar Future
This week Saudi Arabia signaled it would use its oil riches to invest in a renewable future as it announced a gargantuan solar project.
Are We Sleepwalking Into The Next Oil Crisis?
As the world entertains scenarios of peak oil demand based on the rise of electric vehicles, many agencies are warning that the far greater threat of an oil supply crunch looms.
U.S. Net Petroleum Imports Plunging Toward Zero
In December, U.S. net petroleum and petroleum product imports fell to the lowest level on record. On the current trajectory, they could fall to zero in 2020.
U.S. Oil Producers Projected To Eat OPEC’s Lunch
Conventional wisdom says U.S. oil producers are going to take market share away from OPEC and from Russia, but some U.S. oil producers are cautioning against such predictions.
U.S. Sets New Monthly Oil Production Record
A revision in EIA data pushed November 2017 into the #1 all-time spot for monthly U.S. oil production.
EIA Sees Possibility Of Peak Tight Oil By 2022
The latest Annual Energy Outlook from the Energy Information Administration suggests the possibility that U.S. oil production will stop growing in three to four years.