The Archives
OilPrice.com | Should You Buy The Oil Price Dip?
Oil prices nosedived alongside the broader market on Tuesday, with U.S. crude dipping to the psychologically important level of $100/bbl as growing recession fears coupled with concerns over weakening demand outweigh a fundamentally tight supply market. WTI...
CNBC | 5 of our stocks are in the news. Here's the Club's take on the headlines
The CNBC Investing Club breaks down developments involving five of our stocks and what they mean for our investment thesis in each company. Source link
OPEC Secretary-General Mohammed Barkindo Passes
By Bundesministerium für Europa, Integration und Äußeres - OPEC, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=51520258 One of OPEC's most transformative members passed away on the evening of July 5, 2022. His early career started with a well-decorated...
Rigzone | Norway’s government steps in to end an oil and gas strike
Norway's government said that based on the announced strike numbers, it had been feared that more than half of the country's daily gas exports would have been lost by the weekend.Joe Klamar | Afp | Getty ImagesEuropean gas prices on Wednesday fell away from...
OilPrice.com | Austria Plans To Power Industry With Oil Instead Of Gas
Austria's energy minister said it intends to order industry and utilities to switch from using natural gas as it looks to stockpile more natural gas to help insulate it from being cut off from Russian supplies, Reuters reported on Tuesday.Austria will encourage...
Epoch Times | US Indexes Shake Off an Early Slump and Eke out Gains
Stock indexes on Wall Street ended with meager gains Tuesday, as a late-afternoon rally led by technology companies stemmed the market’s losses after an early slump. The S&P eked out a gain of 0.2 percent after having been down 2.2 percent earlier in the...
Enverus | Why Shift Factors Matter – Marblehead Congestion
Marblehead Xf has been one of the top day-ahead and real-time MISO constraints this year. What you might not know is that some transmission outages caused dramatic changes in shift factors for this constraint. Our product, Panorama, uses topology-based shift...
Monday Madness: July 7 ’22
Join Tavis for the wildest statistics, analysis of Russian escalation, and admiration of Australia's energy policies. CLICK YOUR PREFERRED STREAMING PLATFORM TO LISTEN TO THE PODCAST Other Episodes Audio Transcript Alrighty everyone, welcome back! This is Tavis Kilian...
Rigzone | Oil tumbles as much as 10%, breaks below $100 as recession fears mount
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021.David Paul Morris | Bloomberg | Getty ImagesOil prices tumbled Tuesday with the U.S. benchmark falling below $100 as recession fears grow, sparking fears...
OilPrice.com | The West Rushes To Curb Russian Oil Revenue Without Increasing Prices
The United States, the EU, and G7 are already shunning and banning Russia’s oil in the wake of the Russian invasion of Ukraine. But the West has failed to limit the most significant contribution to Vladimir Putin’s war chest—oil revenues. The U.S. and the...
Rigzone | High U.S. gas prices weigh on demand with impact on consumption
A photo of a natural gas flare burning near an oil pump jack at the New Harmony Oil Field in the U.S. on June 19, 2022.Luke Sharrett | Bloomberg | Getty ImagesSurging gasoline prices in the U.S. are showing signs of impact on consumption, according to one risk...
OilPrice.com | Saudis Unwilling To Upset Putin As Biden Begs For More Crude
The world’s largest crude oil exporter, Saudi Arabia, continues to keep close ties with Russia while the top oil consumer, the United States, pleads with major producers—including the Kingdom—to boost supply to the market and help ease consumers’ pain at the...
OilPrice.com | Smart Airlines Are Saving Billions Thanks To Oil Price Hedging
Commodity price hedging is a popular trading strategy frequently used by oil and gas producers as well as heavy consumers of energy commodities such as airlines to protect themselves against market fluctuations. During times of falling crude prices, oil...
Rigzone | Biden offers drilling option with new oil leases in Gulf of Mexico
An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013.Steve Nesius | ReutersThe Biden administration released a five-year offshore oil and gas drilling development...
The Supreme Court vs The EPA
In a blockbuster 6-3 decision penned by Chief Justice John Roberts, the Supreme Court ruled this week that federal regulators exceeded their authority in seeking to limit emissions from coal plants in a move that sharply curtails the executive branch’s authority to make policy actions on a range of issues without congressional direction. The court said the Environmental Protection Agency had overstepped when it devised the Obama-era regulatory scheme, known as the Clean Power Plan, a plan that had been challenged by West Virginia and others. In the meantime, President Joe Biden called the decision “devastating” and said it “sides with special interests that have waged a long-term campaign to strip away our right to breathe clean air.”
OilPrice.com | Oil Should Stay In Triple Digits: Analyst
Crude oil prices should stay in the triple digits, Kpler’s head of Sweet Crude Analysis Matt Smith told Yahoo Finance. There won’t be a continued downward pressure on oil, according to Smith.“I don’t think that we’re going to see continued downward pressure on...
OilPrice.com | Why $5 Gasoline Won’t Cause A Recession
After three straight days of gains, crude prices fell on Wednesday and have continued to slide on Thursday's intraday session after a report showing an uncharacteristic slowdown in gasoline demand outweighed a bullish crude inventory report. According to the...
Epoch Times | EPA Plan Will Cripple Oil Production in Permian Basin, Raise Gas Prices Further
Texas Gov. Greg Abbott is pushing back against an Environmental Protection Agency (EPA) proposal that he says would cripple oil and gas production in the Permian Basin—potentially jeopardizing a quarter of the U.S. gas supply. In a letter he sent to President...
Thirsty Thursday: An Inventory Report (6/30/22)
Previous Reports Welcome back to Thirsty Thursday, the most entertaining hydrocarbon inventory report on the internet! The weather is overcast and gloomy, everyone appears to be running on empty, and it seems we could all use a pick me up as we head into the long...
Basin Breakdown May 2022
Tavis and Kevin are back covering the hardest hitting headlines across the US oil patch for May 2022. Find older episodes here Music: https://www.bensound.com/royalty-free-music
Permian Basin News Pulse May 2022
The Permian Basin | May 2022 Field Overview Located in West Texas, the Permian Basin has been producing oil for over 100 years. The Permian leads the US in oil production and analysts estimate that there is 43 Gbbl of oil still in the Permian; 80% of reserves in the...
DJ/Niobrara News Pulse May 2022
The DJ/Niobrara Basin | May 2022 Field Overview Located mainly in the Northeast of Colorado, the Denver-Julesburg Basin consists of five main oil-producing formations: Niobrara sections A-C, Codell, and Greenhorn. These five plays produce over 90% of Colorado's...
Powder River Basin News Pulse May 2022
The Powder River Basin | May 2022 Field Overview The Powder River Basin, known for its coal deposits, is located in Southeast Montana and Northeast Wyoming. The basin is named so because it is drained by the Powder River. Major cities in the area include Gillete and...
Marcellus Shale News Pulse May 2022
The Marcellus Shale | May 2022 Field Overview The Marcellus Shale is the largest gas play onshore in the US. Located in the Northeast, it supplies the high-demand markets along the East Coast. Most of the basin’s gas is produced through unconventional methods, while...
SCOOP/STACK News Pulse May 2022
The SCOOP/STACK Basin | May 2022 Field Overview Ranking 6th in oil production and 3rd in natural gas production, the SCOOP/STACK play is one of the largest fields within the continental United States. It is primarily a shale play, with the Anadarko and Ardmore basins...