Only a handful of oil companies generated positive cash flow in the first quarter. Notably, none of them operate primarily in the Permian Basin.
Has Norway Reached Peak Demand?
Fuel consumption in Norway declined in 2017 for the first time in several years. Have Norway’s electric vehicle policies finally resulted in peak oil demand there?
A Battery That Could Change The World
A new type of battery being commercialized by a Tufts University professor promises to address two of the most significant shortcomings of lithium-ion batteries.
Addressing Misconceptions From Senator Grassley’s Ethanol Editorial
Last week Iowa Senator Chuck Grassley penned an editorial in support of the nation’s renewable fuel program, but he advanced several misconceptions in the process.
Venezuela’s Woes Worsen
Things have gone from bad to worse in Venezuela, as ConocoPhillips moves to seize some of the Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award.
Renewable Sources Account For Most New U.S. Power Capacity
renewable power, solar power, wind power, power capacity
Russian Trolls Are Targeting U.S. Energy Production
A recent report highlights Russia’s efforts to sow discord in the U.S. energy markets.
The Solar Power Potential Of Rooftops In The U.S.
A new report indicates that the equivalent of 75% of U.S. residential electricity demands could be met by rooftop solar photovoltaics on residential buildings.
High Oil Prices Aren’t Necessarily Bad
As U.S. exports increase, high oil prices are turning into less of an economic negative for the country. If the current trends continue, high oil prices may turn into a net positive for the U.S. economy.
OPEC Strategy Bears Fruit As Oil Prices Break Out
OPEC embarked upon a disastrous strategy in 2014 when it decided to defend market share against U.S. shale oil producers, but its new strategy is having the desired effect on the oil markets.