Energy Secretary Optimistic About Oil’s Future
Softer demand will keep oil and gas prices in check for the foreseeable future. ...
Energy
Chesapeake Energy Declares Bankruptcy; Should Emerge Leaner and Stronger
Chesapeake Energy Corporation, once the country’s second-largest natural-gas producer, has declared bankruptcy. After restructuring,...
Banks Cutting Credit to Shale-oil Drillers
The cutback in credit lines to shale-oil drillers could force more than 70 oil...
Oil Prices Jump 20 Percent; Expected to Double by Summer 2021
Crude oil prices have jumped by 20 percent in the last week. Forecasters are...
Trump Brokered Oil Agreement Using Rules From His “Art of the Deal”
After four days of intense virtual meetings and negotiations with leaders of the nations...
Massive Oil Discovery in Alaska to Provide More Supply as World Economy Recovers
Wednesday's announcement of a massive new oil find located next to the Trans-Alaska Pipeline...
Crude Oil Prices Pop on Trump’s Tweet: Saudi Arabia and Russia To Cut Production
For the time being, expect crude oil prices to stay in the 20s and...
Is Whiting Petroleum’s Bankruptcy a Harbinger?
Whiting Petroleum isn't the first energy company to go bankrupt in today's environment. It's...
Trump to Top Off the Tank by Replenishing Oil Reserves While Prices Are Low
The move was viewed by analysts as a master stroke by the president. The...
OPEC Cartel Failure Drops Oil Prices, Rattles Markets
The ending of the OPEC cartel's meeting in acrimony heralds a new day. Lower...
Sanders’ Energy Plan: Nationalize Electricity Production, End Oil and Gas
If you think Bernie Sanders’ plan to tear apart the healthcare industry and impose...
Goldman Sachs Cuts Funding for ANWR Energy Exploration, Citing Environmental Concerns
On Sunday, mega-bank Goldman Sachs announced major restrictions on its loans to energy developers,...
Aramco IPO Is a Hollow Victory for Saudi Arabia’s Prince
By nearly every metric, the IPO of Saudi Aramco was a failure. This is...
Saudi Aramco’s IPO Too Risky: Institutional Investors Shying Away
The “road show” designed to build investor interest and demand for shares of Saudi...
Saudi Arabia’s Aramco IPO Fraught With Danger for Investors
This deal is too good to be true: owning a piece of the world's...
Californians Find Out That Solar Panels Don’t Work During Power Outages
During the recent power outages in California, many in the state found out that...
BLM to Allow 37 New Oil & Gas Wells in California; Environmentalists Outraged
A decision by the Bureau of Land Management to allow “up to” 37 natural...
Aramco IPO Plans Pushed Forward Before Oil Prices Drop Further
Thanks to the continuing revolution taking place in the U.S. oil patch (and a...
New York City Power Outage an Early Warning
Americans should be on alert after the blackout in New York City, which reflected...