EV Revolution to Drive Oil to $10 a Barrel, Says Forecaster
Economists predict that electric vehicles will be competitive with gasoline-powered cars in seven years, and this could drive oil prices down to $10...
Energy
U.S. Natural Gas Exports to Add 500,000 Jobs, $73 Billion to Economy
The latest estimate from API, the energy trade group, is that increased exports of liquefied natural gas over the next 20 years will...
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Latest Report: Crude Won’t See $60 a Barrel For at Least a Year
Despite OPEC's efforts to raise oil prices by cutting production, crude-oil prices are expected to remain under $60 a barrel for at least...
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OPEC Asks U.S. Oil Industry to Join Its Cartel
The message from OPEC about American oil producers is clear: "If we can't beat 'em, let's join 'em. Or, better still, let's invite...
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Hurricanes Hammer OPEC as Well
Hurricanes Irma and Harvey have lowered demand for crude oil, pushing supplies higher, not lower as OPEC desires. OPEC is out of options,...
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OPEC Leaving Its Options “Open” as Production Cuts Fail to Raise Oil Prices
OPEC is out of options, so it issues lies all dressed up to look like success. ...
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Another Nail in OPEC’s Coffin: Fracking Old Wells Dropping U.S. Breakeven Points Further
America's free market in energy is permanently eclipsing the OPEC cartel — this time through fracking old wells. ...
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Electric Cars: Child Slave Labor, Market Manipulation, and Environmental Pollution
While promising to save both the environment and humanity, the push for electric cars does neither. Not only does the electric car market...
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OPEC Members Continue Non-compliance
Non-compliance among OPEC’s members, and those non-members who also agreed to cut oil production, increased again in July. ...
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From Hero to Zero: $2-Billion Private Equity Fund Goes Broke in Oil
Life's investing rules are like the law of gravity: They cannot be broken, only violated. ...
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Crude Oil to Climb to $60 a Barrel, Claim Aramco’s CEO, Citi, and Goldman
Even as it predicts higher oil prices, OPEC is fighting a battle it cannot win, as U.S. producers continue to threaten the cartel's...
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Crude Oil’s Bear Market Is Crushing OPEC
OPEC continues to fade into history as an unlamented footnote. ...
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Enjoying Record Low Gas Prices? Thank a Fracker!
Are Americans enjoying record low gas prices? Then they should thank a fracker! ...
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Oil Expert Yardeni: OPEC Should Break Agreement, Produce All It Can
Energy expert Ed Yardeni is suggesting OPEC go back to flooding the world with oil because trying to deprive the world of oil...
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More OPEC Bad News: Increases in World Oil Supplies Overwhelming Its Cuts
OPEC is, at bottom, putting itself slowly out of business by reducing oil production in the hopes of raising oil prices. It's a...
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