Oil For $1.75 A Barrel

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. […]

There’s Still Plenty Of Downside In This Oil Market

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 […]

Covid-19 : What’s Next and How To Respond

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 […]

Could Chevron Now Acquire Occidental For Less Than It Could Have Bought Anadarko?

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 […]

What Was Russia Thinking In Refusing To Cut Oil Production?

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 […]

One Reason Russia Might Like To See Bernie Sanders Elected

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 […]

How To Leverage $10 Billion To Reduce Carbon Emissions

In the previous installment of this series, I highlighted Jeff Bezos’s recent commitment of $10 billion to fight climate change. In that article I divided carbon dioxide emissions into two broad categories: What has already […]

How I Would Spend Jeff Bezos’s $10 Billion For Climate Change

Last week Jeff Bezos, founder, president and CEO of Amazon — and the world’s richest person — announced in an Instagram post that he would commit $10 billion toward fighting climate change. “Today, I’m thrilled […]