My 2024 Energy Sector Predictions

It is time to make my energy sector predictions for this year. The year promises to be challenging because there are more variables in play than normal. Russia’s ongoing invasion of Ukraine, the U.S. presidential […]

How The U.S. Became The World’s Top LNG Exporter

In 2003, the late author and investment banker Matther Simmons predicted that with “certainty,” by 2005 the U.S. would enter a long-term natural gas crisis for which the only solution was “to pray.” T. Boone Pickens […]

The Top Performing Energy Stocks Of 2023

The year ended on a solid note, with most sectors notching double-digit gains in the fourth quarter. However, the energy sector, which was the top-performing sector in the third quarter, pulled back in the fourth […]

The Top 11 Oil-Producing States In 2023

U.S. oil production has increased by 21% over the past five years. According to data from the Energy Information Administration (EIA), earlier this month U.S. oil producers set a new annual production record. This increase […]

Grading My 2023 Energy Sector Predictions

At the beginning of each year, I make several predictions about the energy sector. You can see those predictions and read the context in Energy Sector Predictions For 2023. There are still a few days […]

U.S. Producers Break Annual Oil Production Record

The U.S. set a new annual oil production record on December 15, based on data from the Energy Information Administration. Although the official monthly numbers from the EIA won’t be released for a couple of […]

Why Are Oil And Gas Production Rising When Rig Counts Are Falling?

Last week I pointed out in a TikTok video that the U.S. is poised to set a new oil production record. In response, someone took exception to my claim by stating that he works in […]

Understanding What OPEC Wants

On November 30, 2023, OPEC (Organization of the Petroleum Exporting Countries) and its allies, collectively known as OPEC+, agreed to cut oil production by 1 million barrels per day (bpd) starting in January 2024. This […]

Why Diesel Usually Costs More Than Gasoline

I recently took the plunge and registered on TikTok. I hadn’t thought it would be worth my time, because my impression had been that younger people didn’t care as much about energy issues. But then […]