Saudi Oil Reserves Growth Has Lagged The Rest Of The World

Despite continued skepticism about the level of Saudi Arabia’s oil reserves, their oil reserve and production metrics look pretty typical when compared to the world’s other oil-producing countries.

Discussion Of Saudi Arabia’s Oil Reserves Provokes Some Emotional Responses

My previous article on Saudi Arabia’s proved oil reserves provoked strong responses from some readers. In the words of the great Yogi Berra, “It’s deja vu all over again.”

Who Will Feed The LNG Monster?

In the previous article, I discussed the global nature of the oil markets. But the shale oil boom in the U.S. temporarily increased the localized impact on the West Texas Intermediate (WTI) benchmark. As a result, its price diverged from […]

How WTI Became A Player In The Global Oil Market

As U.S. crude oil production surged over the past decade, West Texas Intermediate prices became deeply depressed relative to international benchmarks. A change in the law fixed that, and turned the U.S. into a major crude oil exporter.