Energy

Oil Price Rise Only Temporary; Could Drop Back to Low $20s

Despite historically high demand for oil, inventories have never been higher, and experts say oil prices are likely to drop back into the...

Bob Adelmann August 10, 2016

Production Freeze Main Topic at OPEC Late September Meeting

Bob Adelmann August 8, 2016

OPEC’s current president, Qatar’s energy minister Mohammed bin Saleh Al Sada, announced Monday that the oil cartel will hold “informal” side meetings at...

Ending Crude Oil Export Ban Already Helping U.S. Economy

Bob Adelmann July 8, 2016

Since the crude oil export ban was lifted last December, exports increased seven times previous levels in the first three months of 2016:...

Federal Judge: BLM Rules on Fracking Are Illegal

Bob Adelmann June 27, 2016

An Obama-appointed federal judge has ruled that the Bureau of Land Management overreached its authority when it issued rules on fracking. ...

$60 Oil “Very Possible” Says Saudi Arabia’s New Oil Minister

Bob Adelmann June 3, 2016

Rejoicing by OPEC that its strategy of low prices would force U.S. producers out of the market now appears to be premature. ...

Have Oil Prices Hit Bottom?

Bob Adelmann April 21, 2016

Is $40 oil and $2 gas the new normal? Investors and traders seem to think so. ...

Goldman Sachs’ Warning Dents Crude Oil Price

Bob Adelmann April 13, 2016

False optimism has driven oil prices higher. They are now set to come down. ...

EPA Boss: Coal Regulations Are About the Politics of Power

C. Mitchell Shaw March 25, 2016

n a classic case of exercising power for the sake of power, Gina McCarthy, administrator of the Environmental Protection Agency (EPA), admitted that...

World’s Largest Coal Company Could Disappear

Bob Adelmann March 16, 2016

The world's largest private-sector coal company will miss making $70 million in interest payments for lack of money. Government regulations play a part...

U.S. Energy Agency Predicts Still Further Declines in Oil and Gas Prices

Bob Adelmann March 9, 2016

Predicting future oil prices is like trying to pin the tail on a skittish donkey in the dark. ...

Wall Street Pouring Billions Into Oil Companies

Bob Adelmann March 8, 2016

Wall Street investors have started pouring billions into the energy sector, persuaded that prices not only of crude oil but stocks of energy...

Aubrey McClendon, “Reckless” Energy Pioneer, Dies in Fiery Car Crash

Bob Adelmann March 3, 2016

Oil man Aubrey McClendon's impact is being felt every time any driver pulls up to the pump or pulls out his checkbook to...

Oil Industry Facing Massive Challenges

Bob Adelmann February 29, 2016

Despite protestations to the contrary emanating from the Houston conference last week, the oil industry is facing increasingly severe difficulties. ...