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Oil Revenues Hard to Come By? Try taxes!
https://www.arabianbusiness.com/banking-finance/421663-oman-to-impose-100-tax-on-tobacco-alcohol-starting-next-week Raise your hand if you think this will sit well.- Rodent Replied
- 6 replies
- 2,773 views
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Goldman Sachs report (read Nick Cunningham Jun 03 article) discusses Permian pipeline bottleneck relief. Brent $60 next year. Reality dawns on Oil Mkt.
. New pipelines and new export capacity along the U.S. Gulf Coast should “lower the global marginal cost of production,” Goldman analysts argued. The addition...- Falcon Replied
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- 1,006 views
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OPEC output falls to 5 year low
https://www.argusmedia.com/en/news/1917848-opec-output-slips-to-fiveyear-low Here is what I am most fascinated by. So I read Twilight in the Desert and followed Matt Simmons religiously back in the early...- wrs Replied
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- 973 views
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Is there anything like the law of diminishing return in oil cut?
I mean some kind of cutting threshold the supply that will hurt the oil producers? Thanks in advance for your kind answer.- Mpa Pepex Replied
- 1 reply
- 1,167 views
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The History of Nylon...yet another annoying petroleum product!
https://aoghs.org/products/petroleum-product-nylon-fiber/ An interesting read. When we are finally freed from the yoke of fossil fuel, I wonder where parachutes, Velcro and Kevlar will come from?- Douglas Buckland Replied
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- 1,163 views
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Beyond Stupid
https://www.washingtonexaminer.com/policy/energy/michael-bloomberg-gives-500m-to-campaign-to-kill-coal-and-wound-natural-gas- DanilKa Replied
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OPEC and Russia will extend cuts. OPEC will accommadate Russia sighting their pipeline outage, allow Russia to chose which months to cut back. Ultimately Russia never cuts back . . . . Market will trade on the "good news" (false news)
When do the cutbacks end. They have not worked. Russia understands this . Russia would be happy with $60 oil. Worldwide inventory up over 140 mm...- Falcon Replied
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- 779 views
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Crude Build
Only 2 times in the past 30 years have US crude oil & other liquids inventories increased by as much as last weeks increase,...- Doyle Johnson Replied
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- 1,018 views
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Bloomberg View: OPEC, the future is probably worse than you thought . . . . The latest figures from the Department of Energy made grim reading for the producer group.
by Julian Lee June 9, 2019(Bloomberg) Saudi Arabia and Russia are on a collision course.On Friday the International Energy Agency will publish its first forecast...- Falcon Replied
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- 918 views
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How even sophisticated investors get taken
Found This article and had to laugh out loud at DC Solar and how they scammed almost a billion dollars from supposedly sophisticated investors. Can't wait...- renewables
- tax credits
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- Ward Smith Replied
- 1 reply
- 1,229 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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- 2,450 views
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I hear we need a lot of new oil workers.
https://www.dailymail.co.uk/news/article-7118901/Venezuelan-former-oil-workers-enter-second-week-hunger-strike.html How about helping them to get out of Venezuela and use them temporarily in our oil fields until Venezuela is free and stable again?...- oil workers
- venezuela
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- ronwagn Replied
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- 946 views
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How Oil Defeated The Nazis
Presented without my usual comments. Recommended reading. How Oil Defeated The Nazis- Tom Kirkman Replied
- 3 replies
- 12,121 views
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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
- 6 replies
- 3,341 views
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(Cheaper) American Oil Keeps Flowing to China Despite Mounting Trade War
Something else to befuddle the Mainstream Media pundits, who keep trying desperately to drum up bad news. Related earlier thread: So while the media in the...- Tom Kirkman Replied
- 3 replies
- 1,562 views
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Media Blames Trump for Lower Oil Prices. What Else is New.
Oil just tumbled into a bear market. Here's why Trump's trade war is to blame. President Donald Trump's trade disputes with key international trade partners have claimed...- Tom Kirkman Replied
- 2 replies
- 1,113 views
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Permian Oil Too Light
"Over the past year, production from the Permian in West Texas and New Mexico has changed, with more super-light oil being extracted, as producers...- Marina Schwarz Replied
- 3 replies
- 14,259 views
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Anti OIL CO: Multiple Colorado communities pass drilling permit moratoriums
Multiple Colorado communities pass drilling permit moratoriums Commerce City eyes six-month moratorium Weld County remains largely unscathed Denver — Seven municipalities and one county scattered around...- ceo_energemsier Replied
- 3 replies
- 1,898 views
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‘Fractured Basement’ Rock Formations: Hurricane Energy Produces First Oil from New Type of Field in UK North Sea
Intriguing news. And great to see new Exploration & Production going on. Hurricane Energy produces first oil from new type of field A UK energy...- Tom Kirkman Replied
- 8 replies
- 4,550 views
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WK Ending 5/31: US Crude Exports 3.3 mm bbls/d . . . . US Product Exports 5 mm bbls/d ( Biggest Propane, Diesel) . . . US crude Production 12.4 mm bbls/d Up 600,000 Barrels Day year to date. . . . ITS THE SUPPLY.
Not Just US . . . Worldwide. Orbital Insight World Inventory up over 140 Million Barrels this year to date. OPEC/Saudi ruse of "Tight Supply"...- Falcon Replied
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- 820 views
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The lack of exploration drilling and what that means.
If we are not exploring, with the required exploratory drilling to prove the commerciality of the find, at some point the shareholders will ask...- Douglas Buckland Replied
- 10 replies
- 3,998 views
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Flaring and the Green Team
I just read an article on OilPrice which indicated that the amount of gas being flared in the shale oil plays has now reached...- Douglas Buckland Replied
- 0 replies
- 2,820 views
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China Realizes U.S./Russia Venezuela Deal Coming Soon. Trying to finagle way back into deal. REUTERS: Xi says China will play 'constructive role' on Venezuela
https://www.reuters.com/article/us-venezuela-politics-china/xi-says-china-will-play-constructive-role-on-venezuela-idUSKCN1T606W China is being left out of deal. China supported Maduro. China wants into Venezuela . . . . just as they have made inroads...- Falcon Replied
- 1 reply
- 932 views
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CITI sees $78 Brent. Of course CITI along with 4 other US Investment Banks that were paid handsomely for $10 Billion Bond offering is being a good brown nose.
Crown prince Mohammed bin Salman's four lap dogs . . . J.P Morgan, Morgan Stanley. Citi and Bank of America will say anything for...- Falcon Replied
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- 855 views
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Citi Sees Brent at $78 Within 3 Months
Citi Sees Brent at $78 Within 3 Months (Bloomberg) -- Forget the trade war and global growth pessimism. Citigroup Inc. is sticking to its target...- ceo_energemsier Replied
- 1 reply
- 1,191 views
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Bloomberg Opinion : "OPEC and Russia Best Not to Poke the SHALE BEAR"
(Bloomberg Opinion) -- "Here’s one underreported factor that may explain Russian and Saudi Arabian willingness to turn their backs on almost 18 months of Opec oil...- Falcon Replied
- 13 replies
- 4,137 views
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Hydrocarbon haters gonna hate. "We must move swiftly to a fully renewable energy economy and leave all fossil fuels, including gas, behind."
The meltdown panic by oil & gas haters is amusing to watch. What would be really amusing is for these haters to swear off using...- Tom Kirkman Replied
- 1 reply
- 1,126 views
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Canadian oil eh? Is the Canadian Oil Patch Nightmare Over?
Is the Canadian Oil Patch Nightmare Over? Last year, the lack of adequate pipeline and rail export capacity to handle growing oil output drove the...- ceo_energemsier Replied
- 4 replies
- 2,868 views
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Is the Shale Revolution Here to Stay?
Is the Shale Revolution Here to Stay? Critics of the U.S. shale industry question its staying power. By Xander Snyder - May 15, 2019 Summary U.S. shale oil is a booming...- shale good bad ugly
- truths
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- ceo_energemsier Replied
- 16 replies
- 17,093 views
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US production capabilities: GOM Production Poised to Set New Records
GOM Production Poised to Set New Records Oil production in the U.S. Gulf of Mexico (GoM) is poised to set new records in the imminent...- gom resurgence
- gom production
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- ceo_energemsier Replied
- 12 replies
- 3,967 views