Saudi Arabia’s official crude oil reserves numbers have been doubted by many for years, but those doubts may not be justified.
How Much Oil Does Saudi Arabia Really Have?
Green New Deal: Aggressive Goals Or Delusional Thinking?
Moving aggressively in the direction of cleaner energy is a great thing. Setting goals that aren’t based in realism is a good way to be ridiculed.
Who Will Feed The LNG Monster?
In the previous article, I discussed the global nature of the oil markets. But the shale oil boom in the U.S. temporarily increased the localized impact on the West Texas Intermediate (WTI) benchmark. As a result, its price diverged from […]
How WTI Became A Player In The Global Oil Market
As U.S. crude oil production surged over the past decade, West Texas Intermediate prices became deeply depressed relative to international benchmarks. A change in the law fixed that, and turned the U.S. into a major crude oil exporter.
Charting The Decline Of Venezuela’s Oil Industry
The problems in Venezuela’s oil industry can be traced back to several key decisions that took place over the past 20 years.
The U.S. Is Set To Become A Major Net Energy Exporter
The latest Annual Energy Outlook from the Energy Information Administration suggests that the U.S. is on the cusp of becoming a major net energy exporter.
How Regime Change In Venezuela Could Affect The Global Oil Market
Last week the U.S. recognized the opposition in Venezuela as the rightful ruler of the country. Here’s how that might impact the global oil industry.
Awash In Natural Gas
Natural gas inventories are returning to normal, and prices have plunged in response.
Gasoline Prices Under Presidents Bush, Obama, and Trump
President Trump recently asked if it was just luck that gasoline prices are low and falling. Yes, sometimes it is just luck.
My Energy Sector Predictions For 2019
As we begin 2019, the energy markets and the stock markets are experiencing incredible volatility. Both underwent steep declines during the latter part of last year, but both are off to a fast start in […]