OPEC isn’t dead, but the U.S. oil production surge has broken OPEC’s stranglehold on global oil prices.
Category: Forbes
Why The Permian Basin May Become The World’s Most Productive Oil Field
It would have been unthinkable a few years ago, but here I explain why the Permian Basin may soon push Saudi Arabia’s Ghawar oilfield as the most prolific in the world.
The Top 10 Energy Stories Of 2018
As 2018 comes to a close, it’s time to review the top energy stories of the year. This year there wasn’t an overwhelming choice for the top story as we have had in some previous years (e.g., the […]
The Oil Price Roller Coaster
Last week the price of West Texas Intermediate (WTI) crude oil, the primary U.S. benchmark, fell to a 17-month low. The price, $45.88/bbl, marks a stunning fall from a price that closed at $76.40/bbl on October 3rd. […]
Trump States Are The Biggest Beneficiaries Of Higher Oil Prices
On the subject of oil prices, President Trump seems firmly stuck with a 2005 mindset, when the U.S. was the largest oil importer in the world. But times have changed.
No, The U.S. Is Not A Net Exporter Of Crude Oil
Bloomberg recently reported that the U.S. has become a net exporter of oil for the first time in 75 years. The truth is somewhat more complex, so I fill in the details.
A Different Approach for Combating Climate Change
As the world attempts to grapple with rising carbon dioxide emissions, carbon capture, utilization, and storage (CCUS) remains an underutilized approach for addressing them.
Indisputable Facts On Climate Change
If you think climate change is a hoax or a scam, this article details facts that we know to be true about climate change. It isn’t an overall defense of climate science, but rather of summary of indisputable facts.
How President Trump Is Undermining U.S. Oil Producers
President Trump seems determined to push oil prices as low as he can, but his policies have undermined U.S. oil producers.
Why Natural Gas Prices Are Breaking Out
In August I warned of a disconnect between natural gas prices and supply risks. Prices have risen nearly 60% since, and may yet go higher.