Update: See my latest article Crude Oil Inventories Should Peak Soon for an understanding of how important refinery utilization is in this picture. No, despite the popular narrative that we keep hearing, the U.S is not […]
Washington Post: President Obama is Lying About the Keystone Pipeline
I will preface this article with my standard disclaimer on the Keystone XL Pipeline project: I have no vested interest in the pipeline either way. My interest is in fostering honest debate and discussion on […]
Nigeria’s Achilles Heel
I tend to receive one or two guest submissions each week, most of which I pass on for various reasons. Either the submission isn’t topical enough, it has been republished multiple times elsewhere, I already […]
The Growing Risk of Transporting Crude Oil by Rail
By now you have probably heard that a CSX (NYSE: CSX) train carrying Bakken crude from North Dakota’s shale oil fields derailed and caught fire. The oil was bound for a coastal oil shipping depot owned by the […]
Oil Prices: Dead Cat Bounce or Have We Passed the Bottom?
When I made my energy predictions for 2015, I made some very aggressive predictions. Perhaps the most aggressive was that the closing price of West Texas Intermediate would not fall below $40/barrel (bbl) in 2015. […]
Why $50 Oil Won’t Last
In the past few weeks I have received numerous questions about the role of a “drop in demand” in the oil price decline. These questions are driven by many stories in the media that have […]
My 2015 Energy Predictions
Happy New Year to readers around the world! For the past 5 or 6 years, I have begun the year by making predictions for the upcoming year in the energy markets. I am generally happy […]
My Top 10 Energy Stories of 2014
There was an energy story that stood head and shoulders above all the rest in 2014, but no clear runner-up. After the #1 entry on the list below, the rest of the Top 10 is […]
Five for Five in 2014
As the year expires and the new year arrives, there are several topics I like to cover in a series of articles. One is to review the top energy stories of the year. Another is […]
Reading the Tea Leaves in the Oil Markets
As the year winds down, my next 3 articles or so are fairly predictable. One will be on the top energy stories of the year. As always, I would appreciate any suggestions from readers. Another […]