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Saudi Oil Minister Abdulaziz tells CNBC Sullivan "Historic Cut" not 9.7mm but closer to 15mm. Sully believes him !
According to Goldman analyst it's closer to 4.3mm. He's correct. (1) Saudis say they are not targeting U.S. shale. That's a LIE (2) Russian Oil Minister says...- BLA Replied
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- 1,245 views
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US Shale Resilience: Oil Industry Experts Say Shale Will Rise Again
Oil Industry Experts Say Shale Will Rise Again (Bloomberg) -- The American shale industry shocked the world with its rebound after the 2014-2016 bust, setting records for...- ceo_energemsier Replied
- 107 replies
- 45,621 views
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U.S. oil industry 2020 and beyond
Ok, ye smart guys. The oil biz in the USA is now mostly shale oil/gas. Vertical drilling by independents (or anyone) seems to have...- BillKidd Replied
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Forbes Article:. Oil Market to OPEC . . SHOWS OVER
https://www.forbes.com/sites/johnnavin/2020/04/13/oil-market-to-opec-the-shows-over/#52e2d8b2768a OPEC will have some sway. Not like it used to. "This is definitely unlike the old days when the big cartel could push it around...- BLA Replied
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Oil Price and US Shales Fate Lies in the hands of MEXICO??
Diplomatic wrangling between Mexico and Saudi Arabia entered a fourth day as neither side was willing to concede, even after President Donald Trump intervened...- James Regan Replied
- 57 replies
- 17,818 views
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Fear of an Impending Car-Price Collapse Grips Auto Industry
Fear of an Impending Car-Price Collapse Grips Auto Industry https://finance.yahoo.com/news/fear-impending-car-price-collapse-110000556.html- ceo_energemsier Replied
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Cpt Lauren Dowsett
I'm back & only for a second. Just glossing over the negativism on this dam negative Oilprice.com!! Now their saying oil ONLY going down to $20...- Capt. Lauren Dowsett Replied
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No trucks flowing into NYC, no diesel being consumed. TAKE A GOOD LOOK, FELLAS.
I invite all of you to take a good hard look at the live web-cam helpfully posted by the Fort Lee, New Jersey police...- us trucking
- covid-19
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- Jan van Eck Replied
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Bloomberg: Trump's Big Oil Deal depends on Weakest Shale Players Going Bust
https://finance.yahoo.com/news/trump-big-oil-deal-won-025642130.html Trump never said that . The author is deducting this reading into Trump's strategy of taking a market approach to reducing U.S. production. My theory...- BLA Replied
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question about US production numbers
New here and struggling to understand US crude oil production numbers. The whole thing doesn't make any sense to me. It has been said that...- jande Replied
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Exxon Heading for Deepwater
https://pubs.spe.org/en/jpt/jpt-article-detail/?art=6855&utm_source=linkedin-spe&utm_medium=social-content&utm_campaign=JPT&utm_content=Further Cuts Announced Due to Low Oil Price%2C Supply%2FDemand Imbalance The largest share of capital spending reduction will be in the Permian Basin, where short-cycle...- James Regan Replied
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- 16,627 views
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Jet Kerosene Negative crack
Can someone throw light on how long the current negative crack of Jet fuel is likely to continue? This is going to badly impact...- Peri Mounagurusamy Replied
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- 10,962 views
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OPEC+ Production Cut
BAKU/DUBAI/LONDON (Reuters) - OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid...- ceo_energemsier Replied
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- 11,601 views
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Forbes Article: G20 deal doomed to failure
“This scenario looks to keep prices on track with our base case outlook, with second quarter Brent at $17/bbl, with a three-month point price...- BLA Replied
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- 5,507 views
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Wouldn't fall in demand balance it out?
Hello everyone, I am pretty noobish when it comes to oil industry. I have a pretty basic question, so world oil demand is 100mln barrels...- Fran Stosic Replied
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Did you all forget the "drill baby drill" republican motto and trump calling for ramping up oil production a cpl years ago ?
Now the chickens are coming home to roost. How about accepting a little responsibility and not blame everybody else aka "the trump way" ?....- Bighornz Replied
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Petroleum in real life: Soap and hand sanitizers
Can solar power or windmills make petrochemical products? I'll wait patiently for an enlightening response from the oil disliker crowd. Petroleum in real life: Soap and hand sanitizers Germ-fighting...- Tom Kirkman Replied
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Cpt Lauren Dowsett
WHY IS OIL PRICE. com ALWAYS NEGATIVE ???? I'm guessing because it originates from England ??? Anybody out there from the US or England can identify...- Capt. Lauren Dowsett Replied
- 41 replies
- 12,670 views
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If the Dems dump Biden and insert Cuomo, what will happen to the oil and gas industry?
Is Cuomo going to step into the Presidential slot to replace Biden? Watching Biden is really torturous since you know his next sentence will be...- JoMack Replied
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- 1,233 views
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CAP 437
Does CAP 437 Circle H landing lighting create the safest landing environment for Helicopters?- cap437 helipad
- perimeter net
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- Pablo Rivera Replied
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Saudis ship 13 mm bbls oil to U.S. to hurt U.S. shale. On its way. . . . . . . AND TRUMP DOES NOTHING. .
Perry has it right. This action by Mohammed bin Salman is in violation of antitrust law, World Trade Organization by-laws and just unfair. This...- BLA Replied
- 4 replies
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MBS here's a plan. Cut Exports . Your Production Cuts are a joke
In addition to U.S. participation Russia wants the sanctions dropped. Hopefully Trump doesn't fall for this ploy. First let's talk some rough estimates. Today Russia,...- BLA Replied
- 2 replies
- 1,256 views
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Saudi Arabia Is Buying Up European Oil Majors
This is ... disconcerting. Is this a bizarre idea of MbS to corner the global oil majors? Taking a cue from CCP - style infiltration...- Tom Kirkman Replied
- 5 replies
- 10,027 views
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Saudis to cut 4mm bbls. What a joke.
More smoke and mirrors . Saudis produced 9.8 mm before OPEC deal fell apart. Saudis say they are going to produce 12.3 in April. That is a joke. Saudis say they will cut 4...- BLA Replied
- 11 replies
- 5,973 views
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Occidental hypocrisy
Quote Occidental Petroleum Corp. wants U.S. government financial aid for the oil industry even as the biggest producer of Permian Basin crude urges Texas regulators...- Ward Smith Replied
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US Energy Dominance comes too an end or does it?
"https://oilprice.com/Energy/Crude-Oil/Is-US-Energy-Dominance-Coming-To-An-End.html" First off, I'm surprised that Oilprice.com even employs this clown! Nick is a Typing toe fungus. He's a 'Greenie' from the mold festering Pac...- Prometheus1354 Replied
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The solution for our US domestic oil future.
So this just seems too simple to fix.....The first thing to defend against an oversupply collapse it to build more storage facilities.....Seems like an...- Kenneth Rexrode Replied
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Sharp real pure true hard working roughneck needing work..
Knowledgeable with plumbing pipe electrical equipment manual labor mechanically smart from small motors to big C16 cat motors an so forth can any one...- Daylight Derrick hand Replied
- 14 replies
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Which producers will shut in first?
Looks like Wyoiming Light crude went negative, selling at minus $1.76/bbl. And Canada WCS is down around $6.50 US. Oil-sands bitumen? Essentially worthless. OK,...- Jan van Eck Replied
- 256 replies
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Donald Stop the Saudi DUMPING of 14mm bbls on U.S. to destroy our shale business
Mr. President do you want to get reelected ? Listen to former Energy Secretary Rick Perry. Order 90 day halt of all crude oil imports...- BLA Replied
- 0 replies
- 1,173 views