Category: Forbes

Oil prices are governed by cycles, and recent indications are that we are moving back into a cycle that will be governed by fear of insufficient oil supplies.

For the past two years, Google has been testing its fleet of self-driving cars in my town. Here are some of the more unusual observations I have made.

Tesla CEO Elon Musk has a history of over-promising and under-delivering. Following the most recent quarterly earnings, investor patience may finally be wearing thin. 

Since sharply cutting its dividend a year ago, ConocoPhillips has made steady improvements to shore up its balance sheet. The most recent quarterly results show the company has made significant strides in 2017.

EPA Administrator Scott Pruitt recently claimed that the U.S. leads the world in reducing carbon dioxide emissions. The Washington Post disagrees, but Pruitt’s claim is on firm ground.

The U.S. shale gas boom has given consumers cheaper heating and power bills, but it is also fueling a chemical manufacturing renaissance.

OPEC’s secretary general has asked U.S. shale oil producers to cooperate with the cartel to keep the global oil market out of an oversupply situation. That betrays a fundamental misunderstanding of how the U.S. oil industry works.

Exports of U.S. petroleum and petroleum products have surged in recent years. Here were the biggest buyers of these exports in 2016.

U.S. crude oil exports are surging, even as we continue to import millions of barrels per day. The reasons for that come down to logistics and refinery economics.