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CERRA WEEK in Houston this week cancelled. . . . Oil futures dropped 3.2% premarket but rebounded on Putin hint Russia may cooperate with OPEC+ cuts at meeting this week. They hope it puts a floor under pricing. I doubt it holds very long.
OPEC+ deal will halt price decline temporarily as shorts will cover and take a nice profit. Decline resumes after short-lived reprieve post OPEC meeting. OPEC...- BLA Replied
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The Great Recession recovery wasn't powered by Obama; it was oil and gas
Yep, dead on accurate assessment. Obama pretty much did everything in his power to impede the oil & gas industry in the U.S. while...- Tom Kirkman Replied
- 10 replies
- 5,645 views
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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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You know you're at the top of the oil market when ARAMCO going to offer stock internationally. They want to cash out.
Not saying once the virus scare is over that oil doesn't go back to $60's maybe even $70 short term . . . ....- BLA Replied
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- 1,512 views
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WTI are we seeing the perfect storm
It seems we have now entered into the perfect storm scenario. An over zealous segment of the oil industry hyped up by the government and...- James Regan Replied
- 25 replies
- 9,804 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
- 6,550 views
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Oil and gas producers fire back at Democratic presidential candidates.
The Oil & Gas Industry responds to Democrat presidential candidate attacks with a full-page ad in New York Times. Oil and gas producers fire back...- Tom Kirkman Replied
- 79 replies
- 18,461 views
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Saudi Arabia to develop World Class Tight Gas Field. Compete with U.S NATURAL GAS , ETHANE , NATURAL GAS LIQUIDS.
Libya and Algeria have even bigger Tight Natural Gas , Ethane , Natural Gas Liquids and OIL opportunity. If they could just settle down. UAE...- BLA Replied
- 2 replies
- 1,552 views
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RIGZONE: U.S. Oil Exports Just Begining
https://www.rigzone.com/news/us_oil_export_story_has_really_just_started-19-feb-2020-161131-article/- BLA Replied
- 3 replies
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Some thoughts on the motivations of current low oil prices
From the Corona virus to tensions between the U.S. and Iran so far, the year 2020 has been filled with uncertainties for the global...- jose chalhoub Replied
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- 2,267 views
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Visualizing Eagle Ford Oil & Gas Production (Through November 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
- 0 replies
- 1,342 views
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The Arithmetic Of Fracking
Nicely balanced observations about the fracking industry. Much more even-handed than most articles on fracking, with pretty level-headed analysis of the pros and cons and the in-betweens. Well...- Tom Kirkman Replied
- 4 replies
- 6,954 views
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China buying discounted crude filling up storage. Not so for LNG with little spare storage available.
On January 24th the Brent contract price for March delivery settled at $58.29. The virus concern was just starting to build. The spot price continued...- BLA Replied
- 3 replies
- 1,810 views
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Missile attack on KSA supposedly by Houthis. Saudis concerned about April contract settlement price. Even more concerned about ARAMCO stock price when lockup comes off in June.
More of the same. Doesn't look like anyone cares. Business as usual. A significant portion of the ARAMCO IPO buyers were individual retail buyers using money...- BLA Replied
- 1 reply
- 1,338 views
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Trump + Oil
One of my normal daily news searches is for "Trump Oil" as well as just for "oil". The amount of negative bias in news articles found with the...- Tom Kirkman Replied
- 1 reply
- 8,602 views
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Visualizing Permian Oil & Gas Production (Through November 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
- 0 replies
- 1,337 views
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RRC not inclined to deal with flaring
Looks like the RRC wants OPEC to stop flaring first. They say that reducing flaring by 200,000mcf/day would cost 750kbd in oil production. Wonder...- wrs Replied
- 1 reply
- 1,320 views
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Blowout videos
Just some videos of blowouts for those interested. The commentary is not factually correct. The video showing the bit coming back to the surface...- Douglas Buckland Replied
- 38 replies
- 12,595 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
- 6 replies
- 2,320 views
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Energy from thin air?
24-7 clean energy from thin air Guess we can all just pack it in, life's good.- Ward Smith Replied
- 15 replies
- 4,592 views
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Visualizing Pennsylvania Oil & Gas Production (Through November 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
- 0 replies
- 1,523 views
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- Anisha fatima Replied
- 4 replies
- 16,900 views
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India - U.S. oil contracts seem likely, despite other trade deal hiccups
Some of my usual morning news searches are for "oil" and "Trump oil" to see what the media are saying today. I would estimate that on DuckDuckGo...- Tom Kirkman Replied
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- 1,064 views
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Foxconn cancelled the reopening of their mfg plants scheduled for tomorrow. Rescheduled to March 3rd. . . . if they're lucky.
70 million Chinese still quarantined. Is the virus ending or just starting ? Worst case it's another Spanish Flu 1918 (originated in China) where over 500...- BLA Replied
- 14 replies
- 3,432 views
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Coronavirus Force Majeure Explainer from Reuters (for Oil & Gas Contracts)
We are soon going to enter a period where oil and gas companies with clearly delineated force majeure clauses in their contractual terms &...- Tom Kirkman Replied
- 2 replies
- 1,759 views
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Crude quality matters?
If you listen to experts like Art Berman or Anas Alhajji, they say that in the case of shale oil, not only the quantity...- Tomasz Replied
- 3 replies
- 8,759 views
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Vietnam to use more coal, oil in 2020 to power growth: government
Hydrocarbons to the rescue, as "renewable" energy conks out as unstable yet again. Hydrocarbon energy is once again going to be used to help...- Tom Kirkman Replied
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- 1,263 views
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Coronovairus, Phase One Agreement, Lower for Longer
Hello Everyone! Yes... It has been a while. I hope you still remember me. I wrote this recently and would love to have a discussion...- coronavirus
- globaleconomy
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- Osama Replied
- 38 replies
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IEA Sees First Global Oil Demand Drop in a Decade on Coronavirus
Regardless of however serious you may think the Coronavirus may or may not be, it *is* affecting oil prices seriously. Significantly, the IEA is alarmed...- Tom Kirkman Replied
- 23 replies
- 8,188 views
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Weekly U.S. Imports of Crude Oil. No, the U.S. is NOT oil & gas self-sufficient.
To counter the hyperbole about the U.S. being energy independent. While the U.S. currently exports more crude oil than it imports, the U.S. is very...- Tom Kirkman Replied
- 12 replies
- 3,582 views