Oil Prices Could Fall Much Further As Russia Refuses Additional Production Cuts

As 2019 came to a close, oil prices were under pressure from the continued surge of U.S. shale oil. Although OPEC and its partners had already cut production by more than 1 million barrels per […]

Coronavirus Has OPEC In A Panic

The book “The Black Swan” was written by former Wall Street trader Nassim Nicholas Taleb to describe rare, outlier events that can’t be predicted beforehand, but that have potentially huge consequences. The phrase “black swan” […]

No, The Oceans Are Not Acidic

Last week a widely-circulated CNN story declared: The Pacific Ocean is so acidic that it’s dissolving Dungeness crabs’ shells While the story describes an actual issue of concern (more on that below), the headline helps […]

Reinstating The Crude Export Ban Would Be A Gift To OPEC and Russia

In December 2015, President Obama signed into law the Consolidated Appropriations Act, 2016. A provision of this bill repealed a crude oil export ban that the U.S. had in place since 1975. This repeal was […]

Oil Bankruptcies Are Piling Up

Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services and midstream bankruptcies from the beginning of 2015 through 2019. Over the entire five-year period, […]

Oil Prices Are Getting Slammed By Coronavirus

One of my energy sector predictions for this year was that oil prices would not drop below $50 a barrel. This may turn out to be the fastest falsified prediction I have ever made. Since […]

Environmental Implications Of Lead-Acid And Lithium-Ion Batteries

Following recent articles I wrote on both lithium-ion and lead-acid batteries, I received significant correspondence about the environmental pros and cons of both types of battery. In this article I will use some of the […]

How Much Oil Do We Import From The Middle East?

With tensions in the Middle East high, I have fielded a number of queries on how this might impact the world’s oil markets. Today I want to explore that issue. The Middle East presently produces […]

The Top-Performing Energy Companies Of 2019

I had originally intended on presenting my 2020 energy sector predictions today, but those aren’t quite ready. I expect to publish that column no later than a week from today. Instead, I present another column […]