-
There goes our income tax cuts!!!!
When higher import duties are put on steel etc domestic steel prices will increase too. Mfg. costs go up and US consumer pays more...- PARRAS Replied
- 1 reply
- 3,197 views
-
Another auction bust
Arctic auction was a bust, now Mexico isn't getting any love either. https://www.reuters.com/article/us-mexico-oil/mexico-oil-regulator-cancels-deep-water-pemex-tie-up-auction-idUSKBN1E207E- Rodent Replied
- 0 replies
- 3,195 views
-
Hey Traders! The More Barrels of Iranian Oil Removed from Legal Markets, the More Barrels Available for Black Markets (at Cut Rate Prices)
Way too much hysteria lately about impending U.S. sanctions against Iranian Oil. The more Iranian oil is removed from the legal markets under sanctions, the...- Tom Kirkman Replied
- 9 replies
- 3,194 views
-
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
- 3,194 views
-
- Falcon Replied
- 4 replies
- 3,189 views
-
OPEC Sees Bearish Oil Outlook For Rest Of 2019, Points To 2020 Surplus
OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as...- ThunderBlade Replied
- 1 reply
- 3,182 views
-
Dudley to Oil: Talk to the Green New Deal Backers
Talk to 'Green New Deal' backers, BP CEO tells oil industry Hehe, what wouldn't they do to wash away that DH smear, eh?- Marina Schwarz Replied
- 11 replies
- 3,181 views
-
Tesla Being Spied On By The Curious and Investors
Online group spying on Tesla. Keep track of what is going on. https://www.latimes.com/business/autos/la-fi-hy-tesla-short-sellers-musk-20190408-story.html- tesla
- electric vehicles
- (and 3 more)
- ronwagn Replied
- 5 replies
- 3,181 views
-
More Evidence the SPR contains corrupt spoiled oil
I am sure that anyone who has ever dealt with cleaning out storage tanks can easily understand what a massive problem the SPR is...- wrs Replied
- 5 replies
- 3,180 views
-
Venezuela Buying Crude Again
After a seven-month stoppage, Venezuela once again buying crude (and when I say "buying", I mean swapping goods for) for its Isla refinery. It's...- Rodent Replied
- 1 reply
- 3,179 views
-
BP's Incredible 2018 Outlook
Probably not a good thing for oil prices. Some highlights: "Recoverable reserves from the Middle East, which holds the largest oil resources, could be increased...- Rodent Replied
- 0 replies
- 3,178 views
-
Visualizing Pennsylvania Oil & Gas Production (Through October 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...- shaleprofile Replied
- 0 replies
- 3,176 views
-
Venezuelan official says Venezuela crisis staged
https://www.theguardian.com/world/2018/aug/28/venezuela-diosdado-cabello-refugee-footage-fake apparently there is NOT a refugee crisis? $50 to anyone who can find someone who believes this denial.- Rodent Replied
- 4 replies
- 3,170 views
-
What happens to Citgo's US refineries?
Is anybody watching what's going on with Citgo? What happens to its three US refineries (Illinois, Texas, Louisiana) now that company execs are being...- corruption
- citgo
- (and 5 more)
- LAOIL Replied
- 6 replies
- 3,166 views
-
- SKEP Replied
- 8 replies
- 3,165 views
-
The Gravity Effect on Oil Prices
Surprisingly, I just read a liberal, mainstream media article about oil prices, and agreed with darn near every single point they made. What the...- Tom Kirkman Replied
- 6 replies
- 3,161 views
-
Lips Sealed on Oil Prices: OPEC
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group...- opec
- oil prices
- (and 1 more)
- Marina Schwarz Replied
- 0 replies
- 3,158 views
-
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
- 3,154 views
-
Iran Captures British Tanker sailing through Straits of Hormuz
Reported to be passing through the strait to KSA. https://www.theguardian.com/world/2019/jul/19/british-tanker-iran-capture-fears-stena-impero-uk-ship-latest https://www.nmg-stena.com/news/company-statement-stena-impero/ COMPANY STATEMENT - STENA IMPERO - 1840BST 19th Jul 2019 Stena Bulk and Northern Marine Management can confirm...- wrs Replied
- 15 replies
- 3,153 views
-
Congo Gorillas in Danger
DRC is considering opening up its national parks to oil exploration. This is where I draw the line. Oil exploration is well and good...- Marina Schwarz Replied
- 9 replies
- 3,149 views
-
Oil Bulls Might Not Like the New Year
I think the oil bulls will lose on US shale because they've peaked. They've done a great job of staying on top and being...- oil prices
- oil
- (and 6 more)
- LAOIL Replied
- 8 replies
- 3,147 views
-
$300 / 1bbl?
Wlodek
300 $ per bbl, why not? I'm agree, If something could be happens w USD, when one match box reach for 15$ , can...- Wlodek Replied
- 0 replies
- 3,145 views
-
Trafigura CEO Weir says, "We will see 30% to 35% drop in demand". That amounts to 35mm bbls/day glut ! OPEC+ 10 mm cut won't fix it. It's a DEMAND problem.
The OPEC+ Cut helps but hardly makes up for demand loss. It's not a supply problem at this time. It's the DEMAND. Said the OPEC+ cuts...- BLA Replied
- 6 replies
- 3,135 views
-
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
- 6 replies
- 3,132 views
-
Will China pay a price for Covid-19 ? Should they ?
Conservative estimates are the Covad-19 virus will cost the U.S. economy $7 to $9 Trillion. That's devastating. They will send the world economies into a recession. ...- BLA Replied
- 3 replies
- 3,128 views
-
Pollution protesters shut down Libya oil field
It's not just militia factions vying for power who are meddling with Libyan oil production. The latest shutdown was Sunday at the giant El...- Carlsbad Replied
- 3 replies
- 3,122 views
-
What to tell my students
I am a shop teacher in the Permian Oil Patch teaching Construction Trades and Welding. With the discussion on a possible down turn in...- fbeverage Replied
- 9 replies
- 3,122 views
-
are we looking at yet another million barrel /day decline in production?
https://www.reuters.com/article/libya-security-oil/libyas-noc-warns-of-impact-of-oil-port-shutdown-idUSL8N1TX0SP?rpc=401&- Rodent Replied
- 6 replies
- 3,116 views
-
Question about grades
Two quick questions since I am new to the industry: 1). What are PMS & AGO refined oil? Are they real acronyms? I am guessing marine...- Gary Timleck Replied
- 0 replies
- 3,110 views
-
Renewables.....makes more sense than $300.
Well..... I have always maintained that predicting oil prices is a very tricky business. However,one should always try to grasp the "trends" that have,...- oil price
- renewables
- (and 5 more)
- Osama Replied
- 2 replies
- 3,108 views