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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
- 4 replies
- 10,977 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
- 1 reply
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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
- 1 reply
- 5,910 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
- 20 replies
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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
- 12 replies
- 3,352 views
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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
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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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- 1,131 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
- 3,349 views
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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
- 1,140 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
- 2,883 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
- 5,754 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
- 3 replies
- 3,910 views
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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
- 88,349 views
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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
- 1,092 views
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80's GOM Oil Fam: Mid-80's Oil Glut Part Deux?
I was a little young, but all my family worked in either production or downstream. In the early 80's, the price per bbl was trading...- Houston Process Dude Replied
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CCP holding back virus data . . . . . . Spanish Flu 1918 MUTATED, Came in 3 waves, Lasted 14 months and killed upward 5% World population
Hoping warm weather brings relief. BUT NOBODY HONESTLY KNOWS. XI JINPING MUST END VIRUS DATA SECRECY. After the Spanish Flu mutated it became extremely virulent. It subsided...- BLA Replied
- 272 replies
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Saudi oil cuts are a joke. If you want to control supply cut exports.
Oil industry is cutting production around the world now. They have to , the storage is filling up. Which company has more storage around the...- BLA Replied
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What is all this "cut" talk. A 10mm bbl cut is like pissing in the ocean. Nobody will notice.
Oil rallied upon mention of cuts. That's just naked shorts covering. Scares them a bit. Might bounce a little more on signing of an agreement...- BLA Replied
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- 1,245 views
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Oil Plunges: Prolific basin found on Teen’s face
https://thestonkmarket.com/oil-plunges-prolific-basin-found-on-teens-face/ Houston – The price of oil fell dramatically on Tuesday as a new prolific basin was discovered on teen’s face. Gunner Kitchen, 16-year-old teen, is...- Mikhail Bakunin Replied
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- 1,883 views
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Free market or Freeloading off the work of others?
Perhaps it's been commented on in other discussions (I don't read them all), and educate me if I'm off base, but Trump's/USA's unwillingness to...- UNC12345 Replied
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- 2,214 views
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Trump will meet with executives in the energy industry to discuss the impact of COVID-19
Today, President Donald J. Trump will meet with executives in the energy industry to discuss the impact of COVID-19 and recent developments in energy...- Tom Kirkman Replied
- 45 replies
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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
- 0 replies
- 800 views
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Saudis want to cut production for 90 days. Of course they do. Cutting production is a Straw Man argument. It's the Exports that put Supply on the market.
Oil industry is cutting production around the world now. They have to , the storage is filling up. Which company has more storage around the...- BLA Replied
- 0 replies
- 994 views