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An interesting statistic about bitumens?
The top five countries with the most miles of paved roads (per Gemini AI). China: 5,350,000 miles of paved roads (all paved) United States: 5,124,000 miles...- turbguy Replied
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Big Problem For Oil Majors
The report linked below is very interesting https://docfinder.bnpparibas-am.com/api/files/1094E5B9-2FAA-47A3-805D-EF65EAD09A7F Oil Prices likely to fall to $20/b by 2030, as predicted by William Edwards (though he might estimate...- D Coyne Replied
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Will Empire be brazen about stealing OIL from Venezuela?
https://www.commondreams.org/news/2019/05/01/biden-sides-trump-bolton-and-pompeo-backing-coup-effort-venezuela?utm_campaign=shareaholic&utm_medium=referral&utm_source=facebook&fbclid=IwAR2bwDdQI3BQQyPvMSefQbTKftIEdNOSXUyzIoVvu14SWyncgGq1_whkMsE It's a one-party duopoly that pretend to be opposites! Both parties are a majority "white" and racist! Will Biden, instead of being like the...- A. Brdly Replied
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No Market: Iran Floats Surplus Oil As Demand Falls Ahead Of U.S. sanctions
Two tankers carrying Iranian condensate, a type of ultra-light oil, have been floating off the United Arab Emirates for about a month as demand...- ThunderBlade Replied
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Venezuela Expects to Lose Another 200,000 bpd by end-2018
The odds are stacked in favor of the bulls, no doubt about it. Can this particular tailwind be reversed?- Marina Schwarz Replied
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TX NATGAS flaring
BP and Shell Call on Texas to End Routine Flaring (Bloomberg) -- Two of Europe’s biggest oil companies urged Texas regulators to end the routine...- ceo_energemsier Replied
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Forget out-of-date 'dirty oil' smear, Alberta moving to be world's cleanest oil industry
Greta may need to make another pollution-spewing oil-guzzling overseas jaunt (First Class) to counter this rapscallion Canadian upstart. How dare he! Forget out-of-date 'dirty oil' smear,...- Tom Kirkman Replied
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What's got oil so spooked? It's the economy. And excess production from U.S. Shale Oil.
The viewpoint in this opinion article glosses over a glaring, crucial point... overproduction by U.S. Shale Oil industry. Although that should eventually start to...- Tom Kirkman Replied
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- 3,885 views
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Trump gives oil price lip service for the benefit of his base. Trump sucks up to Saudi/OPEC for the Big Deal, TRUMP/KUSHNER Mideast Palestinian/Israeli peace deal coming in June
Trump actually wants higher oil prices. He gladly takes credit for shale boom, as did Obama. Neither deserve credit. The technology deserves the credit....- Falcon Replied
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- 2,510 views
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Iran Burning: Shock Gas Price Hike Triggers Violent Protests After Subsidy Cuts
Have the Iranian people had enough of their Religious Dictatorship government? Gasoline prices have doubled and tripled. I've worked with Iranians, and have no problem...- Tom Kirkman Replied
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- 2,062 views
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Saudi Plan to Wean Off Oil Sees Success Even as Economy Stalls
The Saudi one trick pony (which has been firmly dependent on easy oil revenues) will have the pony bucking and kicking and throwing a mule-digging-in-its-heels-tantrum, as the...- Tom Kirkman Replied
- 6 replies
- 2,605 views
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Bad News for Texas Oil Workers
The oil and gas workforce in Texas has shrunk to the lowest in seven years. So the hopes of another boom in hiring won't...- Marina Schwarz Replied
- 6 replies
- 4,934 views
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Oil Price: does the security vacuum in the Middle East spook investors?
The abrupt withdrawal of the US air defence system, along with the Patriotic batteries, undoubtedly has left a security vacuum in the Middle East,...- hemanthaa@mail.com Replied
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Iran Oil and U.S. Logan Act - my speculation
The article below from Arab News smells like *disinformation* to me. Really, I find it difficult to believe that the U.S. and Iran would be...- Tom Kirkman Replied
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Working thru the COVID-19 is very doable
My work continues, mostly unabated. More remote work, but still on-site 3 days last week. Factory seeing 1,200 people a day showing up. I...- John Foote Replied
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Gazprom signs deal with Iran
Russia’s top gas producer Gazprom has signed a roadmap on implementation of projects in Iran and a memorandum of understanding and cooperation on an...- Stephen Replied
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NZ Oil, Gas Ban Could Cost $30 Bln
The Government's ban on oil and gas exploration could cost up to $30b by 2050, NZIER say. Here. Take what you want and pay for...- Marina Schwarz Replied
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- 2,681 views
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Oil Markets Could Soon Face A Devastating Supply Crunch
Oil Markets Could Soon Face A Devastating Supply Crunch By Alex Kimani - May 27, 2020, 12:00 PM CDT Join Our Community Concerted production cuts by OPEC+...- El Nikko Replied
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- 4,758 views
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DNC Seeks Climate-Only Debate: DENIED
Gov. Jay Inslee asks DNC leadership to hold a debate just about climate change. DNC leadership says no 50 voting DNC members sign a petition again...- Rodent Replied
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- Falcon Replied
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Saudi Aramco profit falls 25% but dividend in line with planned payout for year
Looks like that Aramco IPO is going to turn around and bite the Saudi royal family in the butt. Saudi Aramco dividend to be paid to...- Tom Kirkman Replied
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- 2,978 views
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OIL trades as if the virus is a 1 quarter event. As if it's Containable, Reversible and Temporary. Is it ?
Nobody knows. There are signs Japan might become a virus hotspot. Financial analyst are now projecting Chinese Q1 GDP of 4%. They assume China bounces back...- BLA Replied
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North Face Compares the Oil Industry to the Porn Industry
North Face has put the oil industry in the same category as the Porn industry, I don’t remember having the options to abuse children...- James Regan Replied
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Why do Driller stocks move with the daily price of oil?
If the Drillers can be profitable at $50.00 brl, then shouldn't the stock price stay steadier day to day as long as oil remains...- MJL Replied
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Well heck, my *hope* for $70 Brent and $65 WTI for 2019 is a year too late. Those are the numbers for 2018. Hrmmppphh.
Jeez, seems my hope for $70 Brent next year was a year too late. Already happened this year, according to this article: Geopolitical fears, demand...- Tom Kirkman Replied
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Belize ending all offshore oil drilling
The Central American nation of Belize, in a move to protect the largest barrier reef in the Western Hemisphere, has banned the offshore extraction...- Joanna Replied
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- 1,738 views
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55.00 WTI
Well @Tom Kirkmanit looks like we are back to last Februarys' pricing. Seems our comfort level just keeps going back to that magic spot....- Old-Ruffneck Replied
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Pruitt is out
Scott Pruitt resign from his position leading the Environmental Protection Agency (EPA) on Friday, following months of high-profile controversies regarding his spending, ethics and...- Sefko Trafikant Replied
- 6 replies
- 3,229 views