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Let Big Oil die in peace
The stock exchange speaks: Crude oil is no longer worth anything. Companies are falling in rows, investments are unthinkable, parts of the branch are...- Wolfgang Horn Replied
- 13 replies
- 6,776 views
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A Brief History of Fracking
A great graphic overview of the history of fracking. Technical enough to make it absorbing to read, and the engineering concepts are explained (and...- Tom Kirkman Replied
- 10 replies
- 6,773 views
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The SPR should be downsized
The US once imported million of barrels of light oil into ports on the coast of the Gulf of Mexico. The US is now exporting...- Levid Replied
- 1 reply
- 6,769 views
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Why didn't the production cuts excite the crude oil markets?
The OPEC+ failed to push the oil price up by the measure that they classified as 'precautionary'. As the initial puff died down on...- hemanthaa@mail.com Replied
- 1 reply
- 6,766 views
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- 5 replies
- 6,759 views
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- 0 replies
- 6,744 views
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- 1 reply
- 6,736 views
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crude storage capacity
The EIA recently began providing weekly storage capacity reports: https://www.eia.gov/petroleum/supply/weekly/wcrudeoilstorage.xlsx According to this report the US is only at 60% of capacity not including SPR. Adding...- Jay McKinsey Replied
- 8 replies
- 6,735 views
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And now for a bit of levity!
Oilfield Proverb (for those at the cutting edge): Listen, all ye miserable sinners who have entered into the land of the tall derricks through the V-door....- Douglas Buckland Replied
- 5 replies
- 6,718 views
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Texas fears losing oil-rich lands in Chinese takeover of weakened energy companies
Not far fetched. China has previously attempted this. Will need to wait and see if China will set up a shell company and try...- Tom Kirkman Replied
- 6 replies
- 6,715 views
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Tesla And Supercharger Rates
Interesting note regarding Tesla and the increase of Supercharger rates. They subsequently reduced the increase by 10%, but make no mistake about it, Supercharger...- tesla
- electric vehicles
- (and 1 more)
- Cobra67 Replied
- 0 replies
- 6,710 views
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Artificial Intellegence and the Petroleum Industry
How will AI change the petroleum industry? Artificial intelligence (AI) has the potential to significantly impact the petroleum industry by increasing efficiency, improving safety, and...- turbguy Replied
- 2 replies
- 6,687 views
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Bold New Plans to Deal With Global Warming
Self-Sufficient Floating Islands May Soon Become Reality By Irina Slav - Apr 08, 2019, 3:00 PM CDT https://oilprice.com/Energy/Energy-General/Self-Sufficient-Floating-Islands-May-Soon-Become-Reality.html https://docs.google.com/document/d/1qVfXz3jg-DS4WSvcIoEkji5fjI_vNrZny9ZQjmFjdn8/edit# Join Our Community- global warming
- climate change
- (and 8 more)
- ronwagn Replied
- 1 reply
- 6,686 views
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Saudi Oil Production Falls
So, is this the beginning of an upward price on oil? The market showed lower production occurring from Saudi Arabia and oil is up...- JoMack Replied
- 0 replies
- 6,666 views
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OPEC Builds Case For Oil Supply Cut
In a monthly report, the Organization of the Petroleum Exporting Countries said world oil demand next year would rise by 1.29 million barrels per...- rainman Replied
- 12 replies
- 6,660 views
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What can bring oil prices down?
This is my humble attempt at defining some of the factors, that I opine, can bring down or stabilize the rising oil prices. Let's...- oil
- oil prices
- (and 7 more)
- Osama Replied
- 8 replies
- 6,658 views
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IEA Sees Global Oil Supply Tightening More Quickly In 2019
The global oil market could move into deficit sooner than expected thanks to OPEC’s output agreement with Russia and to Canada’s decision to cut...- rainman Replied
- 7 replies
- 6,657 views
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The vaunted ARAMCO IPO
It seems that Saudi Arabia is touting once more the imminent IPO of the state oil company. The announced great interest among investors puzzles me...- Beowulf Replied
- 2 replies
- 6,639 views
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Canada Old Wells Bill
Orphan well cleanup in Alberta could cost up to C$70 billion. They can't catch a break.- Marina Schwarz Replied
- 0 replies
- 6,638 views
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BP sees oil falling to between $50 and $65
Seems I'm not the only one who thinks oil prices should be at around $65. For the last few years (2015 to 2017) I have...- Tom Kirkman Replied
- 2 replies
- 6,632 views
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Negative WTI and the SPR
Perhaps a smarter person than me can answer this question. With WTI trading in negative territory (minus $56 from Brent as I write), why...- Etienne Replied
- 1 reply
- 6,597 views
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Aramco Sits on 270 Billion Barrels
That's what two anonymous (of course) sources told Reuters as Aramco is being audited independently. Now I want to see their reserve replacement rate...- Marina Schwarz Replied
- 13 replies
- 6,572 views
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ExxonMobil does not own any U.S. gas stations
In this article by Robert Rapier, he says ExxonMobil does not own any gas stations in the USA. So, what is the working relationship...- BillKidd Replied
- 5 replies
- 6,567 views
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Oil and Gas After COVID-19
If you can spare 16-18 minutes of your time and actually are involved in the O&G Industry you may find this piece interesting, covers...- James Regan Replied
- 5 replies
- 6,555 views
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Create a new law "Postericide" to prosecute and imprison Climate Change "Deniers"
Hoo boy. The loons have gone waaaay past 11, and want to make it criminal to even question Climate Panic Armageddon. Asking questions is part...- Tom Kirkman Replied
- 7 replies
- 6,555 views
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Tedx Talks - Energy
SInce we seem to be on the topic of Tedx Talks today, post your favorite energy-related Tedx talks here! (and when I say "we"...- Rodent Replied
- 1 reply
- 6,540 views
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The Real Reason Why US Oil Production Has Peaked
"One of the basic assumptions or “Paradigms” that is keeping a lid on the price of oil is the belief that U.S. oil production...- James Regan Replied
- 24 replies
- 6,530 views
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CO2 Emissions Hit 67-Year Low In USA, As Rest-Of-World Rises
< *cough* > Guess I'll just wait here quietly for indignant wailing, gnashing of teeth, and implications that I am a neanderthal science denier... And just...- Tom Kirkman Replied
- 7 replies
- 6,529 views
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Shell and Total Results Buoyed By Higher Oil Prices. Results From Exxon And Chevron Are Expected On Friday
Shell and Total reported strong increases in first-quarter earnings as higher oil prices and rising production accelerated recovery at Europe’s two largest energy groups. Shell’s...- franco Replied
- 10 replies
- 6,524 views
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Time For Reaction: Trump Presses OPEC to Reduce Prices as Crude Trades Near $80
U.S. President Donald Trump resumed his criticism of OPEC, saying on Twitter that the cartel “must get prices down now!” Trump’s fresh intervention in...- franco Replied
- 19 replies
- 6,517 views