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 […]
The Top Energy Stories Of 2019
I close out every year with a story on how my annual predictions fared, followed by what I felt were the top energy stories of the year. I then open up the new year with […]
Grading My 2019 Energy Sector Predictions
At the beginning of each year, I make several predictions about the energy sector for the upcoming year. You can see those predictions and read the context at Energy Sector Predictions For 2019. There is […]
The Significance Of Chevron’s $10 Billion Impairment
Chevron surprised a number of people last week when it announced that it would take a non-cash, after-tax impairment charges of $10 billion to $11 billion in its fourth quarter 2019 results. Chevron issued a […]
Perceptions Give Way To Reality: ExxonMobil Cleared In Climate Change Trial
As I explained last month in Exxon Knew. Did They, Though?, perceptions outside of an oil company are often at odds with what is happening inside the company. I provided several examples. I explained that […]
OPEC Is Running Out Of Options
Last week OPEC, Russia and other oil-producing nations agreed to additional oil production cuts in an effort to support oil prices. Following the 177th Meeting of the OPEC Conference in Vienna, OPEC said it would […]
The World’s Top 10 Carbon Dioxide Emitters
About 200 countries are presently convened for the United Nations Climate Change Conference COP 25 in Madrid. The Conference of the Parties to the UN Convention on Climate Change (COP) is tasked with making sure […]
The Case For ConocoPhillips
The oil and gas industry has had a rough ride since the oil price downturn of 2014. Over the past five years, the Energy Select Sector SPDR ETF (XLE), which represents the largest energy companies […]
Why Oil Demand Won’t Follow Coal’s Death Spiral
After a steady rise that lasted nearly 50 years, U.S. coal consumption peaked about a decade ago. Since the peak in 2007, coal consumption in the U.S. has fallen an astounding 44%. There are two […]
MLPs Continue Historic Losing Streak
Energy stocks have had an up and down year. But one segment of the energy sector has been unfairly punished in my opinion, even though it has been financially healthier than the rest. The midstream […]