ENERGY

OPEC to Extend Oil Production Cuts Another Nine Months

24 May 2017
OPEC to Extend Oil Production Cuts Another Nine Months

The OPEC meeting in Vienna, where the cartel plans to extend oil-production cuts to drive up oil prices is just for show. The real action is taking place right under...

Russia, Saudi Arabia Release Trial Balloon: Extend Production Cut by a Year

15 May 2017
Russia, Saudi Arabia Release Trial Balloon: Extend Production Cut by a Year

In a joint statement released on Monday, oil ministers from Russia and Saudi Arabia said the present crude oil production reduction agreement reached last November — put in place to...

North Dakota Oil Production Jumps as Access Pipeline Nears Completion

15 May 2017
North Dakota Oil Production Jumps as Access Pipeline Nears Completion

Hello, Bakken. Goodbye, OPEC. The latest report from North Dakota’s state oil and gas division showed that crude oil production for March is back up over a million barrels a...

OPEC Increasingly Irrelevant as Cartel Seeks to Extend Output-cut Deal

03 May 2017
OPEC Increasingly Irrelevant as Cartel Seeks to Extend Output-cut Deal

On May 25, OPEC oil ministers will meet in Vienna to decide whether or not its present oil-output-cut agreement should be extended. Either way, OPEC’s doom as the prime determiner...

Keystone XL Pipeline Granted Approval by State Department

24 March 2017
Keystone XL Pipeline Granted Approval by State Department

It's comforting to note that TransCanada, the owner of the pipeline, still thinks the project is economically viable after all these years of delays.

Fitch Knocks Saudi Arabia’s Credit Rating Down Another Notch

22 March 2017
Fitch Knocks Saudi Arabia’s Credit Rating Down Another Notch

With low oil prices hurting Saudi Arabia's ability to pay off its welfare obligations, Fitch Ratings downgraded Saudi Arabia’s credit rating again on Wednesday, bringing it perilously close to “speculative,”...

MORE ARTICLES

OPEC to Meet in Vienna Wednesday to Plan Production Cuts

25 November 2016
OPEC to Meet in Vienna Wednesday to Plan Production Cuts

OPEC continues to think it can manipulate the oil market to its own advantage.

A Unique Oil Man in a Tough Business

17 March 2016
A Unique Oil Man in a Tough Business

It would be hard to think of a group that is more vilified as exploitative than oil men. Yet everything that Tom Hill of KimRay does shatters that perception.

Saudi Arabia Cuts Oil Prices, Could Spark Price War

03 October 2014
Saudi Arabia Cuts Oil Prices, Could Spark Price War

Saudi Arabia's surprise announcement of a cut in its oil prices to its customers is likely to set off an international oil price war.

Fracking Revolution: U.S. Replaces OPEC as World’s “Swing Producer”

01 October 2014
Fracking Revolution: U.S. Replaces OPEC as World’s “Swing Producer”

The impacts of the fracking revolution are now reaching from gas pumps to foreign affairs.

Away With Wind Subsidies?

18 August 2014
Away With Wind Subsidies?

Expired federal wind power subsidies could mean an end to high electricity bills.

In U.S. and Canada, “Smart Meter” Fires Spark Alarm

13 August 2014
In U.S. and Canada, “Smart Meter” Fires Spark Alarm

All across the United States, Canada, and beyond, deeply controversial “smart meters” for electricity have been catching on fire and even exploding, sparking a major scandal that in at least...

 

 

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