A decade ago, I suggested that U.S. oil companies target Venezuela’s Citgo refineries as compensation for Venezuela’s expropriation of their assets. Last week a court ruling opened the door for that remedy.
Category: Forbes
Yes, The U.S. Is The World’s Top Energy Producer
Last week President Trump was fact-checked for claiming the U.S. is the world’s largest energy producer. But in this case, the fact-checker had to be fact-checked.
Natural Gas Price Spike May Be Looming
Natural gas inventories are low heading into the high-demand season, yet natural gas prices do not reflect the possibility of tight supplies this winter.
The U.S. Is Still The Global Natural Gas King
The U.S. remained the global natural gas production leader in 2017, but based on proved reserves that will likely change in coming years.
Oil Company Spending And Oil Reserves Are On The Rise
A new report shows that after declining in 2015 and 2016, the oil industry increased capital spending in 2017. Oil reserves rebounded as well.
How The Fracking Boom Postponed OPEC’s World Domination
A decade ago it appeared that OPEC was in the driver’s seat of the global oil markets. Then the fracking revolution happened, and changed everything.
Asia’s Insatiable Oil Demand
Oil demand continues to grow at a rapid pace, but there are some big surprises in the demand changes among individual countries.
The U.S. Spends Billions Annually On Russian Oil
Last week President Trump criticized Germany reliance on Russian natural gas. I compare this to the U.S. reliance on oil from Russia and from OPEC.
Ethanol Industry Celebrates Scott Pruitt’s Resignation
EPA administrator Scott Pruitt resigned last week. Nobody is happier to see him go than ethanol supporters.
China Emits More Carbon Dioxide Than The U.S. and EU Combined
The U.S. was historically the world’s largest carbon dioxide emitter, but China now emits more than the U.S. and EU combined.