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Revenues For Canada’s Oil Towns Dwindle As Firms Stop Paying Taxes
In case anyone forgets, I believe @Jan van Eck warned of a continuing crisis unfolding in parts of Canada: Revenues For Canada’s Oil Towns Dwindle As...- Dan Warnick Replied
- 36 replies
- 10,287 views
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U.S. Shale's Blows Leave Middle East Oil Producers Staggering. Sub-$50 WTI and $70 Brent may be more suitable for 2019.
I think one of the *biggest* factors in 2019 regarding global oil prices and global oil production will be ... what the heck is...- Tom Kirkman Replied
- 31 replies
- 15,868 views
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Oil Climbs Most In Years As Markets Shrug Off Christmas Crash. But what about WTI overproduction?
Good update. My only niggling point is the emphasis on cuts by OPEC and Russia, but not by U.S. Shale Oil Overproducers. The only thing...- Tom Kirkman Replied
- 2 replies
- 1,227 views
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- Udara Hemachandra Replied
- 3 replies
- 11,178 views
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Russia Adds $120B in Revenue Since OPEC+ Deal
Russia has earned at least $120 billion of additional revenue over the two years after signing an agreement with OPEC+ countries due to oil...- BlackTortoise Replied
- 1 reply
- 1,041 views
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Exxon In ‘Bull's-Eye’ As Worst Year Since Reagan Limps to a Close
Things haven’t been this bad for the world’s biggest oil stock since Ronald Reagan became president. Exxon Mobil Corp., down 22 percent for the...- pinto Replied
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- 1,948 views
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Kazakhstan: OPEC, Non-OPEC Nations Must Stabilize Oil Prices In First-Quarter
Kazakhstan expects the participants in a pact to curb global oil output to stabilize prices in the first quarter of 2019 and make a...- kazakhstan
- opec
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- rainman Replied
- 5 replies
- 3,719 views
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US Oil Glut this time
The US Glut this time is more shallow than the 2016 Glut. As of last week the EIA reported US crude storage of about 440,000...- Doyle Johnson Replied
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- 3,272 views
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Oil price dictated by mentally unstable lemmings
I believe that for every barrel produced something like 400 barrels are traded- or something like that. Therefore the price of oil is dominated...- NWMan Replied
- 4 replies
- 1,704 views
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OPEC is panicking
OPEC may have to hold an emergency hearing soon. https://oilprice.com/Latest-Energy-News/World-News/OPEC-Prepared-To-Call-Extraordinary-Meeting-As-Oil-Falls.html- opec
- oil prices
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- Adrian Hernandez Replied
- 31 replies
- 30,674 views
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Venezuela Warship invaded Guyana coastal waters to order permitted EXXON Mobil oil ship to leave
https://www.breitbart.com/national-security/2018/12/24/venezuela-invades-guyana-block-exxon-mobil-oil-exploration/ I wonder what country will end up using their warships to protect the exploration ships when they return. Will Maduro end up getting his ship...- Illurion Replied
- 7 replies
- 3,674 views
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Supply crunch coming
What do you think about supply crunch in next decade? A lot of oil analysts like Art Berman, Energy Aspects, Wood Mckenzie and also IEA...- Tomasz Replied
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- 4,512 views
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Shale Long Term Debt vs Growth
So I keep reading in the headlines how the USA will become an unstoppable force in terms of production growth: https://www.reuters.com/article/us-usa-oil-eia-outlook/u-s-crude-output-to-surpass-12-million-barrels-per-day-by-mid-2019-eia-idUSKCN1NB2F5 https://oilprice.com/Energy/Crude-Oil/IEA-Chief-US-Oil-Output-To-Near-SaudiRussian-Production-By-2025.html And at the same time...- DebtOfTomorrow Replied
- 3 replies
- 2,837 views
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OPEC Will Hold Extra Meeting
OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil...- BlackTortoise Replied
- 0 replies
- 5,676 views
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Alaskan Arctic drilling by next summer
The Trump administration is taking its first steps toward expanding oil and natural gas drilling in an area roughly the size of Indiana in the Alaskan...- Stephen Replied
- 15 replies
- 5,014 views
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What's got oil so spooked? It's the economy. And excess production from U.S. Shale Oil.
The viewpoint in this opinion article glosses over a glaring, crucial point... overproduction by U.S. Shale Oil industry. Although that should eventually start to...- Tom Kirkman Replied
- 6 replies
- 3,648 views
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- savy Replied
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U.S. Oil Output To Near Saudi+Russian Production By 2025
Renewable energy prices have been declining at a reasonably predictable rate, generally no less than 20% per year, often higher than 25%. Solar panel...- oil
- united states
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- Meredith Poor Replied
- 2 replies
- 1,792 views
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UWT/DWT Crude 3x leverage ETN
Hi, new here. Does anyone know which index UWT/DWT actually tracks...for real? If you look at the Natural Gas ETNS UGAZ or DGAZ, they consistently hug...- JoeMo16 Replied
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Chinese National Charged with Committing Theft of Trade Secrets of a U.S. Petroleum Company
The U.S. / China trade war may be gearing up again. Chinese National Charged with Committing Theft of Trade Secrets Hongjin Tan, a 35 year old...- Tom Kirkman Replied
- 1 reply
- 1,448 views
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Deep Water Drilling
I am interested in the dynamics of Deep-water Drilling and related field infrastructure. The industry is now in its third year of the worst...- e&p
- deepwater drilling
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- FGoldwyn Replied
- 2 replies
- 2,324 views
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China Not Buying US Crude
Apparently. Uncertainty is a complicated pictogram*. *You'll have to have read "Interesting Times" to get the reference fully but I'm sure you know what I...- Marina Schwarz Replied
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Shale Bloodbath?
This guy says the situation in the shale patch is very dramatic. While he does make, I think, some valid points about shale well...- Marina Schwarz Replied
- 66 replies
- 31,143 views
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Hey Trump - *End the Fed*. Please. It's Killing Oil & Gas.
Interest Rate Hike Hits Oil Hard Oil prices have been slammed over the past week, dragged down by a variety of forces, including soaring U.S....- Tom Kirkman Replied
- 1 reply
- 1,327 views
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All is Well in Saudi Arabia
Okay, it's obvious I'm bored out of my mind, so I'm hanging around here, flooind the forum with topics but well... I'm bored. Two headlines...- Marina Schwarz Replied
- 2 replies
- 7,244 views
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Aramco To Spend Billions on Motiva Expansion
Saudi Aramco’s Motiva eyes $6.6B petrochemical expansions If it's worth less than a few billion bucks, we won't bother with it, seems to be the...- Marina Schwarz Replied
- 1 reply
- 1,382 views
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Will new process turn oil sands into a production tiger?
I was poking about looking for snippets of information on oil sands extractions processes, and came across some fascinating information about two long-time industry...- Jan van Eck Replied
- 22 replies
- 5,187 views
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API Misses Again
The API again wildly differs from the more accurate Weekly Petroleum Status Report causing unnecessary gyrations in oil prices. Why does anybody put any...- OilPro_Rolando Replied
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- 1,094 views
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The Eni, Shell Case in Nigeria
I'd call it the Big Stink. Nigeria (and Italy) are going after Eni and Shell on charges of corruption re an oilfield purchase. The latest,...- Marina Schwarz Replied
- 11 replies
- 9,684 views
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Reactions to Delaware Basin news shows misunderstanding of petroleum economics (Or the end of OPEC) by Dr. Daniel Fine
The full article by Dr. Daniel Fine is here-> https://www.daily-times.com/story/money/industries/oil-gas/2018/12/18/delaware-basin-news-reveals-public-misunderstanding-oil-industry-economics/2282224002/ "This writer has warned that world oil demand is sluggish and imprecise with only references to...- opec
- saudi aramco
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- bluewill Replied
- 2 replies
- 8,414 views