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.

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.