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Oil up on the hopes to an end to price war. A price war that never existed and never would.
India just declared Force Majeure with Saudi Arabia oil. Don't need anymore oil. Don't want anymore. Saudi exports to U.S. last week dropped in half. Supposedly...- BLA Replied
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Saudi Arabia Can't Endure $30 Oil For Long
https://seekingalpha.com/article/4333579-contrary-to-assertions-saudi-arabia-cant-endure-30_00-oil-for-long Contrary To Assertions, Saudi Arabia Can't Endure $30.00 Oil For Long- saudi arabia
- low priced oil
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- ronwagn Replied
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Head of Texas RR Commission just got off the phone with Russian oil minister Novak. They talked about 10 mm bbl/d production cut.
More PR than substance. The producers have to make major cuts to exports not production. There is so much oil in storage and the demand destruction...- BLA Replied
- 1 reply
- 1,665 views
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Trump ask OPEC+ to cut by 10 milion barrels
Quote Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that...- Tomasz Replied
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- 2,457 views
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We are witnesses to the end of the petroleum age
We are witnesses to the end of the petroleum age. After more than 125 years, oil is now beginning to radically descend into the...- Wolfgang Horn Replied
- 18 replies
- 7,064 views
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>>The falling of the Persian Gulf oil empires is near <<
>>The falling of the Persian Gulf oil empires is near << Oil is a blessing for the Gulf states . Oil exploration in the middle of...- Dr.Masih Rezvani Replied
- 67 replies
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As Saudi Arabia Boosts Oil Output, Some Tankers Have Nowhere to Go
MbS is determined to shoot himself and Saudi Arabia and OPEC in the foot. I'm fine with that. As Saudi Arabia Boosts Oil Output, Some...- Tom Kirkman Replied
- 4 replies
- 2,812 views
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BAMM, $6 trillion dollars
So, the fed says it's doing a $2t direct stimulus and also a $4t fund for loans to "whomever." I hope somebody is up...- BillKidd Replied
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US secretary of energy holds telephone talks with Russian energy minister
https://twitter.com/tassagency_en/status/1245179320575782913 Article referenced: https://tass.com/economy/1138399 The US Department of Energy said that "Secretary Brouillette and Russian Minister of Energy Alexander Novak had a productive discussion on the current...- Tom Kirkman Replied
- 1 reply
- 1,685 views
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Offshore Drilling Contractors Take a BIG hit.
Jungle drums are beating and it looks like a few of the Contractors are preempting the inevitable. https://seekingalpha.com/amp/article/4331180-valaris-prepare-for-bankruptcy-after-recent-events Pacific and Noble sited to be in same...- James Regan Replied
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- 1,072 views
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Store Baby Store, Lease Baby Lease!
NEW YORK/WASHINGTON (Reuters) - The Trump administration plans to lease out space for energy companies to store oil in the nation's Strategic Petroleum Reserve,...- ceo_energemsier Replied
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- 1,380 views
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Where's the storage?
As the oil producers wait for the additional barrels to come on-line from OPEC and non-OPEC countries in April where do U.S.producers store their...- JoMack Replied
- 28 replies
- 10,628 views
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Biological Warfare Risks From China and Elsewhere
https://news.yahoo.com/suspected-sars-virus-and-flu-found-in-luggage-fbi-report-describes-chinas-biosecurity-risk-144526820.html Suspected SARS virus and flu samples found in luggage: FBI report describes China's 'biosecurity risk'- biological
- warfare
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- ronwagn Replied
- 2 replies
- 4,164 views
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Keystone XL has the go ahead if anyone cares
https://www.bloomberg.com/news/articles/2020-03-31/keystone-xl-oil-pipeline-gets-go-ahead-with-tc-energy-decision- BLA Replied
- 2 replies
- 1,457 views
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Dr. Ai Fen head of Emergency Services at Wuhan Hospital said Chinese authorities stopped them from warning about the coronavirus threat.
DR. AI FEN HAS DISAPPEARED Just pray there is no second wave of a mutated deadlier Covid virus. Nobody knows but we should be prepared. Nobody in...- BLA Replied
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- 1,426 views
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WE have a suicidal player in the energy industry
I'm sure you are all aware of Alexander Novak, the destroyer of worlds, who is using Russia's sovereign wealth fund to subsidies oil at below break...- cloudslicer Replied
- 25 replies
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1986 Texas Bumper Sticker, "God, grant me one more oil boom and I promise not to screw it up"
This bumper sticker was mentioned in a Forbes article on the boom/bust cycle of the industry and the assessment of risk The 1985 - 1986...- BLA Replied
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Did Trump start the oil price war?
This announcement was back in May 2019, when Trump unleashed the policies for American Energy Dominance SHARE FACT SHEETS President Donald J. Trump Is Unleashing American Energy...- Hotone Replied
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The World Needs OPEC but OPEC Cant Go It Alone
KAPSARC published an interesting perspective on the world oil market this week--I encourage you to read it and would be very interested in hearing your...- Jenny Considine Replied
- 3 replies
- 9,153 views
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Violence Erupts in Wuhan as protesters trying to leave Hubei Provence clash with police. Xi Jinping now not very popular .
The curfew was lifted. The angry citizens of Wuhan want to leave Hubei Provence . The route over the bridge was blocked by police....- BLA Replied
- 2 replies
- 1,778 views
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White House Petition: Normalize US energy prices
I have started a petition to white house I need signatures, if you have better ideas I encourage you to do this same. Share...- cloudslicer Replied
- 2 replies
- 4,068 views
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There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
Bayer sent 3 million pills before export ban. Teva sending 6 million units now. India's Sun Pharma sent 2.5 million units before the government...- BLA Replied
- 43 replies
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Visualizing Eagle Ford Oil & Gas Production (Through December 2019)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive...- shaleprofile Replied
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- DSR Replied
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Western Canadian Select WAS selling for $6.48 bbl. NOW $4.18 ! . . . Enbridge charges between $7 to $9 bbl to ship to the GOM refineries.
NOW $4.18 https://www.cnbc.com/2020/03/30/a-barrel-of-oil-is-now-cheaper-than-a-pint-of-beer-in-canada.html And you thought U.S. shale had it bad. Very expensive to shut down an oil sands operation and turn back on again. This time will...- BLA Replied
- 21 replies
- 6,107 views
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Nigeria tightens offshore oil rules after vessel workers get coronavirus
In Nigeria, oil & gas is likely considered an "essential business" of the country. Curious what will happen in say, Saudi Arabia, if an outbreak spreads at...- Tom Kirkman Replied
- 1 reply
- 1,238 views
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Wait till America opens their Q1 401k Investment Statements and see they have lost 35% of their retirement savings. They can blame the Authoritarian Chinese Communist Party..
Maybe then ALL in the U.S. will finally understand the Chinese Leadership for what it is. The gripe is not with the Chinese people. They are...- BLA Replied
- 41 replies
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1-2-3 and off we go! oil well shut ins
Oil Braces for Biggest Idling of Wells Since 1986 Bloomberg) -- Only the old hands at the Coffeyville oil refinery could remember anything like the...- ceo_energemsier Replied
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- Bob D Replied
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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...- phoenix shale
- shale rises again
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- ceo_energemsier Replied
- 0 replies
- 1,354 views