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.

Grading My 2018 Energy Predictions

I had intended to grade my 2018 energy predictions before now, but one of them wasn’t decided until the last day of the year. But after the stock market closed on December 31st, I was finally able to […]