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Unlikely to be "Accidental" ... Iranian Oil Pipeline Explodes
One pipeline explosion can be accidental. Two pipeline explosions within two months, in a minority separatist region, seems pretty darn unlikely to me to be "accidental". Iranian...- Tom Kirkman Replied
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Tight Oil output at Brent $70/b (2017$) long term
What happens to US tight oil output if the long term Brent oil price in 2017$ is $70/bo? To investigate this I adjusted my usual...- D Coyne Replied
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Dead Cow maybe become "deader": Argentina's Shale Trove Risks Staying Buried
Argentina's Shale Trove Risks Staying Buried (Bloomberg) -- Drillers in Argentina are scared that interventionist economic policies will foil the world’s next big shale hope. Investments...- ceo_energemsier Replied
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Hormuz : US Warship Destroyed Iran Drone Near Strait of Hormuz
US Warship Destroyed Iran Drone Near Strait of Hormuz (Bloomberg) -- President Donald Trump said the U.S. “immediately destroyed” an Iranian drone that approached the...- ceo_energemsier Replied
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More LTO Fun!
I thought that this was an interesting read. In an effort to forestall the avalanche of responses showing how incorrect this article is, let me...- Douglas Buckland Replied
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UK to Lay Down Net Zero Emissions Target in Law
UK to Lay Down Net Zero Emissions Target in Law Legislation laid on Wednesday will put the UK on track to become the first G7...- ceo_energemsier Replied
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Some Word Salad Amusement: The Effect Of Economic Uncertainty On The Price Of Oil
For amusement. Sometimes I wonder if articles of this type are written by people or are just word salad speculation generated by computers. $5.50/b ??? How...- Tom Kirkman Replied
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WK Ending 5/31: US Crude Exports 3.3 mm bbls/d . . . . US Product Exports 5 mm bbls/d ( Biggest Propane, Diesel) . . . US crude Production 12.4 mm bbls/d Up 600,000 Barrels Day year to date. . . . ITS THE SUPPLY.
Not Just US . . . Worldwide. Orbital Insight World Inventory up over 140 Million Barrels this year to date. OPEC/Saudi ruse of "Tight Supply"...- Falcon Replied
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Two Saudi oil tankers damaged in 'sabotage attack,' says press agency
Two Saudi oil tankers damaged in 'sabotage attack,' says press agency https://edition.cnn.com/2019/05/12/middleeast/uae-cargo-ship-sabotage-intl/index.html- sabotage
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How have prices at the pump been where you are at?
Prices just spiked $.30 cents where I am. I guess everyone is rearing up for that May 1st opening, huh?- HermitMunster Replied
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Despite Challenges, Recruiters Optimistic for 2020
Despite Challenges, Recruiters Optimistic for 2020 Despite Challenges, Recruiters Optimistic for 2020 The U.S. oil and gas industry has seen its fair share of ups and...- ceo_energemsier Replied
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Shipping
Is there some sort of standardized formula to determine transportation costs for oil & other petrochemical items? I am lead to believe pipeline is approximately...- Gary Timleck Replied
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Two oil myths - USA supply and Russia committment to OPEC
https://determinedinvest.wordpress.com/2019/10/02/the-black-gold-sep19-update/ In terms of the near-term Black Gold trends, there is no change to our expectation of benchmark WTI crude oil prices remaining within broad...- AcK Replied
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Trends in oil markets - it is bullish for oil but with some complications
There are a few strong long-term tendencies that are taking shape in global oil markets. (Similar forces are at play in natural gas market but...- Marcin Replied
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Oil Drilling Hysteria from Chicagoland (pay no attention to that Chicago murder rate behind the curtain)
Clearly, we are all going to die. We are all going to die a horrible death from Climate Panic. And it is all Trump's...- Tom Kirkman Replied
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GoM Oil find, PEMEX power grab, death of Mexico's Oil industry because of Leftist Politics
Mexico's Pemex seeks control of U.S. oil firm's billion-barrel find MEXICO CITY (Reuters) - When U.S. oil firm Talos Energy <TALO.N> found nearly a billion...- ceo_energemsier Replied
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OPEC and Russia will extend cuts. OPEC will accommadate Russia sighting their pipeline outage, allow Russia to chose which months to cut back. Ultimately Russia never cuts back . . . . Market will trade on the "good news" (false news)
When do the cutbacks end. They have not worked. Russia understands this . Russia would be happy with $60 oil. Worldwide inventory up over 140 mm...- Falcon Replied
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Alaska group prepares initiative to increase ANS oil tax
Alaska group prepares initiative to increase ANS oil tax A group of Alaskans launched an initiative to raise the state’s tax on oil produced above...- ceo_energemsier Replied
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A new study from the University of Texas at Austin blames hydraulic fracturing for causing some earthquakes in the Permian Basin of West Texas, dispelling the widely held view that oilfield wastewater disposals wells were solely responsible for the man-ma
A new study from the University of Texas at Austin blames hydraulic fracturing for causing some earthquakes in the Permian Basin of West Texas,...- ceo_energemsier Replied
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Saudi SABIC and EXXON form JV for Petrochem Plant (Ethane Cracker) in Texas
Exxon has a few Joint ventures with ARAMCO including a refinery in Saudi Arabia.- Falcon Replied
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CITI Commodities analyst projects oil could drop to $47 in short term.
He believes that oil will not return to the hoped for $60 to $65 range. He stated production costs have dropped from $30 bbl...- BLA Replied
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Sox
Hi guy's brand new to this world and just very interested to learn so 1 question please can someone explain in laymans terms what...- Sox Replied
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Canada's Oil-Rich Alberta Introduces Bill To Repeal Carbon Tax
Canada's Oil-Rich Alberta Introduces Bill To Repeal Carbon Tax CALGARY, Alberta--Canada's main crude-producing province Alberta introduced a bill to repeal the provincial carbon tax on...- canada carbon tax
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Surajit Mahalanobis
Low prices of crudes are an essential requirement for development. This is known to everybody. What is not know is the reason why prices...- Oil Pricing Replied
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Petrobras:Petrobras on Track to Become Largest Oil Producer
Petrobras on Track to Become Largest Oil Producer Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030. That’s...- ceo_energemsier Replied
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Does the Federal Government and Oil & Gas Commissions need to tell the oil and gas industry to cut production
There is an unprecedented drop in oil demand in the United States by over 3 million bbls and production was in the 10 million...- JoMack Replied
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Is the US also to blame in the Oil Price War?
Lets put our cards on the table.......the US is as much responsible as anyone for the plunge in oil prices. No country has added...- KironYork Replied
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Article: Billionaires Poised to Buy Shale Assets at Distressed Prices
https://www.worldoil.com/news/2019/11/14/billionaires-poised-to-buy-us-oil-and-gas-assets-at-distressed-prices- Jabbar Replied
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Saying Jones Act is threatening U.S. Energy Independence is a Red Herring
Just another excuse for the majors to avoid paying U.S. income taxes. Would not be an arm's length transaction. Can't use transfer pricing thru...- BLA Replied
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