The Permian Basin, the most…
U.S. crude oil production has…
Tight supply in oil markets…
1. OPEC+ Speeds Up Oil Production Increases- The most recent OPEC+ meeting this Thursday saw…
U.S. West Texas Intermediate crude oil futures are edging higher in a mixed trade on Friday. Pressuring prices early in the session was OPEC+’s decision to raise production targets slightly…
Politics, Geopolitics & Conflict The rumors this week that OPEC could suspend Russia’ from its production quota agreement were likely just a testing of the waters. These rumors were complicated…
The EU finally reached an agreement — albeit a watered-down one — on banning Russian oil imports. The ban has been a long time coming - and it…
U.S. West Texas Intermediate crude oil futures are trading nearly flat on Friday, while continuing to hover near its more than two-month high. Helping to underpin prices is the prospect…
1. China Cedes Top LNG Buyer Spot to Japan Amid Weak Demand- China’s LNG imports…
Politics, Geopolitics & Conflict Henry Kissinger made headlines at Davos when he said what we suspected many of the more sinister actors were thinking for some time now: Ukraine should…
Europe has a gas problem. No, not that kind of gas problem, they have a natural gas problem. From the second half of the twentieth century until around 2010, natural…
American shale producers are right to avoid the temptation of pumping oil with WTI in the $1100-$110 range. Rewarding shareholders isn’t just about appeasement, which is long overdue,…
This month we are taking another look at pipelines, specifically those used to transport oil and gas from the field to refineries. There is an odd disparity in…
U.S. West Texas Intermediate crude oil futures are inching higher on Friday, putting it in a position to finish higher for the week, as a planned European Union ban on…
1. Gasoline Tightness Becomes Main US Concern- With the EIA reporting an almost 5-million-barrel stock…
Politics, Geopolitics & Conflict Venezuela: With gasoline prices in the United States at all-time highs–over $6 per gallon in California–the pressure is on the Biden Administration to vigorously pursue ways…
These are great times for NATO, as an organization and an alliance. After the fall of Communism in the 1990s, NATO lost its raison d’etre. It never fully…
U.S. West Texas Intermediate crude oil futures are trading slightly higher on Friday but are still in a position to post its first weekly loss in three weeks as mixed…
1. Soaring Production Costs Stoke Fears of US Shale Slowdown- Just as US shale producers…
Politics, Geopolitics & Conflict On the natural gas front, tit-for-tat measures between Ukraine, the European Union, and Russia led to a reduction in Russian natural gas to Europe this week,…
Two months ago, in these very pages, I wrote that I had abandoned my long-term holdings in Tesla (TSLA) and viewed it once again as a trading instrument rather than…
Let the second annexation begin … but it won’t go down like Crimea. In a rehashing of the events that led to Russia’s annexation of Crimea…
U.S. West Texas Intermediate crude oil futures are up over 3% for the week with most of the gains attributed to the European Commission’s decision to place an embargo on…