After months of radio silence, Trump the oil analyst has returned to complain about prices being too damn high. For the first time since OPEC+ agreed to cut production at its December meeting, Trump has chimed in on Twitter to tell the cartel to "
The oil and gas independent producers drive the energy economy directly benefiting Texas and its residents. Between 2010 - 2018, total state taxes and state royalty payments paid by the oil and gas industry in Texas exceeded $100 billion. These fun
In the late sixties, an economic debate began between East Coast economics departments (saltwater universities) and midwestern colleges (freshwater universities). Milton Friedman, the spokesperson for the freshwater universities, made the claim that
Not only is Saudi Arabia pouring investment into lifting oil production capacity at home, but it may even, for the first time, venture abroad in order to grow its oil business.
The Texas Independent Producers & Royalty Owners Association (TIPRO) reported oil production in Texas totaled a record 1.54 billion barrels (bbl) in 2018 which surpassed a previous record of 1.28 billion bbl set in 1973.
One of the promising hotspots for oil and gas exploration drilling this year - South Africa's offshore - has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fort
By 2030, oil demand could hit a peak and then enter decline, according to a new report.
The already strained relationship between U.S. lawmakers and two of President Trump's staunchest supporters, Saudi Crown Prince Mohammed bin Salman and Abu Dhabi's Sheikh Mohammed bin Zayed, seems to be worsening.
Yesterday, Trump's National Security Advisor John Bolton made the US position clear in a FoxNews interview: Washington will overthrow the Venezuelan government and take its oil for the benefit of US companies. This is "regime change" on steroids!
2018 saw a global revolt against policies aimed at fighting global warming Australia, Canada, France and the U.S. have all seen push back against global warming policies That included weeks of riots in France against planned carbon tax increases
Representing the battery breakthrough that is ready to commercialize and promises much more battery capacity for our smartphones and electric vehicles and extremely fast charging. So, the price of electric vehicles will be very close and even lower t
For much of 2018, the internal situation of Russia's oil market was remarkably peaceful – no hostile takeovers and no overt antagonization.
Iraq, Kuwait, the United Arab Emirates, Russia and Saudi Arabia will extend an OPEC agreement for oil production cuts for another six months. OPEC recently agreed to a six month 1.2 million barrel per day oil production cut.
The energy complex has gone from bad to worse this afternoon as WTI collapses to a $46 handle and Permian crude below $40 amid economic growth (demand) anxiety and surging supplies.
largest reserves just discovered under Texas...For the first time since 1973, the United States now leads the world in terms of oil production. And according to reports, we have the ground underneath Western Texas and Eastern New Mexico to thank.
The US House of Representatives is once again calling on the European Union to ban the Russia-led construction of the Nord Stream 2 natural gas pipeline and has called for sanctions against the project.
Now You Know wants you to know what they think about the imminent implosion of Big Auto and Big Oil.
With oil prices in free fall and the dawning realization that Great Reflation trade of 2017 is over, OPEC needed to do something drastic to remind everyone how important they are.
Venezuela's President Nicolas Maduro said on state television that Venezuela would put in place in 2019 a program to sell all its oil production in the Petro cryptocurrency, which the leader is touting as the first state-backed oil-backed digital c
Much has already been written over the last 24 hours by pundits and analysts alike about Qatar's decision to leave the Organization of the Oil Exporting Countries (OPEC) by January next year.
Qatar's Energy Minister Saad al-Kaabi told a news conference Monday that the country would withdraw from OPEC on January 1, 2019. The country's energy minister said the move represents a "technical and strategic" change, Reuters reported
Israel announced a major pipeline project from the gas fields off its shore involving four countries, terminating in northern Italy. The EastMed Pipeline could be one of the longest in history as well as one of the most technically difficult to pull
South Stream 2.0 will have competition
n the ninety-seventh edition of the Russian Newspapers Monitor, Professor Filip Kovacevic discusses the articles from four Russian newspapers: Izvestia, Nezavisimaya Gazeta, Moskovsky Komsomolets, and Komsomolskaya Pravda Moscow Edition.
Last week, I had a conversation with a friend of mine about the plunge in oil prices in recent weeks. One of the biggest fallacies about plunging oil prices, and subsequently lower gasoline prices, is that it is a huge windfall for consumers. Even Pr
The Media Won't Tell You Why The Price Of Oil Is Really Low. In this video, we give you the latest breaking news on oil, the u.s petro dollar, energy security plus a lot more dealing with economics.
By the end of 2018, electric cars and buses will displace 279,000 barrels a day. At the end of 2018, there are about 5 million electric cars.
Oil is plunging again this morning (down almost 6%) on persistent fears that a surplus will re-emerge next year despite OPEC's plans to cut production.
OPEC has lost what control of the oil market it ever had. The actions (or tweets) of three men -- Presidents Donald Trump and Vladimir Putin and Crown Prince Mohammed Bin Salman -- will determine the course of oil prices in 2019 and beyond. But of