Energy

Saudi Arabia Once More Delays Plans to Sell Part of Its Oil Company

The crown prince of Saudi Arabia has big dreams for his oil empire, which all rely on being able to sell a portion...

Bob Adelmann March 20, 2018

Shocking Breakthrough: Scientists Say Cheap, Unlimited, Clean Energy Is on Horizon

Selwyn Duke March 15, 2018

The old quip about fusion is that it’s the energy of the future — and always will be. But this joke may now have...

Congress: Kremlin Used Green Propaganda to Undercut U.S. Energy

Alex Newman March 7, 2018

America's hostile foreign enemies and large swaths of the U.S. “environmental” movement have something in common — and according to a new congressional...

U.S. Crude Oil Production Grows as OPEC’s Stagnates

Bob Adelmann March 5, 2018

The U.S. oil industry is only too happy to fill the void OPEC deliberately created by attempting to raise crude oil prices. ...

Crude Oil Prices Fall Below $60, Traders Expect $55 or Lower

Bob Adelmann February 12, 2018

The New American is not in the habit of making predictions, but these two are a slam-dunk: lower gas prices, and further fading...

Fracking Revolution Pushes U.S. Daily Crude Oil Production Over 10 Million Barrels

Bob Adelmann February 2, 2018

Fracking and the Rule of 72 are working in concert, driving the United States toward world energy domination. ...

U.S. Oil Production Will Soon Overtake Saudi Arabia’s

Bob Adelmann January 22, 2018

U.S. crude oil production will soon overtake that of Saudi Arabia, thanks to George Mitchell finding how to extract oil and gas from...

Record Bullish Bets on Crude Oil Raising Red Flags

Bob Adelmann January 15, 2018

Oil traders' excessive bullishness should be a red flag, because production forecasts don't equate with near-term shortages. ...

Trump’s Interior Secretary Proposes Selling Offshore Drilling Leases Starting in 2019

Bob Adelmann January 5, 2018

When President Trump’s Interior Secretary Ryan Zinke announced his agency will expand energy development to include the United States' offshore reserves, myopic naysayers...

Dakota Access Pipeline Fulfilling Its Promise

Bob Adelmann January 1, 2018

Fully operational since June, the Dakota Access Pipeline is lowering transportation costs, reducing tank car usage, reducing environmental and population risk, improving South Dakota’s...