Energy on the Edge Along with the OPEC meeting that takes place late this week, the biggest story in the world of energy is the Paris Climate Change Conference (Conference of Parties 21, or COP21) […]
While You Were Distracted by Keystone XL
A Long-Awaited Decision Earlier this month, after a debate that spanned nearly the entire duration of his presidency, President Obama finally rejected the proposed Keystone XL pipeline project. He had been heavily criticized on this […]
Boom to Bust – 5 Stages Of The Oil Industry
It’s Not That Simple In my previous article Why the Bakken Boomed, I discussed the shale oil boom that has had such a dramatic impact in North Dakota’s Williston Basin over the past decade. But throughout […]
Why the Bakken Boomed
A Williston Basin Primer In my previous article Addressing the World’s Flare Gas Problem, I discussed my current project, which recently took me to the Williston Basin in North Dakota and Montana. Today, I will discuss […]
Addressing the World’s Flare Gas Problem
Status Update I don’t generally use this column to discuss the projects that I am working on. In fact, it’s been more than 2 years since I did. But I often get inquiries about where […]
President Hillary Clinton Will Oppose Crude Oil Exports
Another Clinton Administration Likely I know some people cringe at the idea, but Hillary Clinton is the current favorite to win not only her party’s nomination, but the presidential election in 2016. An online Irish […]
Peak Oil is a Function of Oil Price
The Origins of Peak Oil Awareness The scientific study of peak oil began in the 1950’s, when Shell geophysicist M. King Hubbert reported on the evolution of production rates in oil and gas fields. In […]
Lessons From a Failed Prediction
Why Make Predictions? While there are actually other stories unfolding in the world of energy, you would never know that by my inbox. Most of the correspondence I have received in the past week is […]
Why the $20 Oil Predictions are Wrong
Deja Vu As the price of West Texas Intermediate (WTI) retests the $40 per barrel (bbl) mark, some pundits are again calling for WTI to fall to $15 or $20/bbl. The same thing happened earlier […]
The Link Between Oil Reserves and Oil Prices
Last December the Energy Information Administration (EIA) released its latest estimate of U.S. Crude Oil and Natural Gas Proved Reserves. Although natural gas reserves rose, the real story was crude oil reserves. The EIA reported that […]