The mission of R-Squared is to foster civil, objective discussions on energy and environmental issues.
This is the front line crew working with Dr. Matt Tipton to care for COVID-19 patients. According to Dr. Tipton, “they do the heavy lifting.” Photo by MATT TIPTON I typically do not digress into […]
The Oil Age has powered the world for well over a century. There have been two general schools of thought about how it will ultimately end. There were those who believed that oil production would […]
I have been warning since January that the long-term ramifications of the ongoing coronavirus (COVID-19) outbreak on the oil industry could be significant and long-lasting. In March we saw significant impacts on price and demand. […]
It’s hard to overstate the nature of what has happened in the oil markets since the beginning of the coronavirus (COVID-19) outbreak in early January. At that time, supply and demand looked reasonably balanced. OPEC […]
It’s no secret that the growth of U.S. shale oil has been a thorn in the sides of both Saudi Arabia and Russia. They have seen their market shares erode as the shale boom made […]
Dear Readers, Today I bring you something that is out of the ordinary, but these are extraordinary times. Over the past month, the Covid-19 virus (coronavirus) has upended our way of life. I have been […]
Last week someone commented to me that Chevron could now buy Occidental Petroleum cheaper than it offered to acquire Anadarko. There is an element of truth to the statement, but it is complicated by Occidental’s […]
Last week OPEC conducted meetings with a coalition of partners that have worked together to limit oil production since 2016. It was widely reported that the group hoped to come to an agreement to reduce […]
The oil markets have been anticipating a big impact on oil demand from the coronavirus outbreak. That’s why we have seen a 30% drop in the price of crude oil since the beginning of January. […]
Recently Senator Bernie Sanders acknowledged that he had been briefed by U.S. intelligence on Russia’s attempts to interfere in U.S. elections on his behalf. In response to reporters, Sanders said “It was not clear what […]