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U.S. Shale Oil Debt: Deep the Denial
Mike Shellman writes again. No need for me to elaborate much on his persistent and very much needed gentle nudgings about debts coming due...- Tom Kirkman Replied
- 53 replies
- 24,698 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
- 3,657 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
- 1,221 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
- 3,706 views
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What Can Bring Oil Down to $20?
let's have some fun, shall we? What needs to happen -- plausibly, mind -- for oil prices to dive to $20 a barrel.- Marina Schwarz Replied
- 97 replies
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- Udara Hemachandra Replied
- 3 replies
- 11,167 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
- 1,030 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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- 1,935 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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- 1,081 views
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GOODBYE FOREIGN OIL DEPENDENCE!!
US turns to net oil exporter, says EIA. Two words: Boo. Ya. US Crude shipments last week = 3.2 million bpd- Rodent Replied
- 54 replies
- 23,243 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
- 2,755 views
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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
- 1,438 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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- 3,359 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
- 3,628 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
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- 2,910 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
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- 5,162 views
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- ATK Replied
- 171 replies
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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
- 1,781 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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- 2,153 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
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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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- 843 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
- 1,321 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
- 1,375 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
- 4,738 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
- 9,409 views
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Will Libya Ever Recover?
Just when they were beginning to boost their production steadily, another field blockade plus heavy rains has slashed production. Weather aside, will Libya ever...- Marina Schwarz Replied
- 14 replies
- 5,018 views
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Alberta govt to construct another WCS processing refinery
I had previously predicted that the Canadian government would end up pushed into building internal domestic refining capacity instead of shutting in WCS oilsands...- Jan van Eck Replied
- 80 replies
- 21,359 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
- 0 replies
- 908 views
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USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
How on earth did I miss this report from the U.S. Geological Survey / U.S. Department of the Interior? USGS Announces Largest Continuous Oil Assessment...- Tom Kirkman Replied
- 41 replies
- 20,107 views