By Ed Hirs This article was published by Forbes on Jan. 15, 2020. Expect low and lower prices for oil and natural gas during Election 2020. Since long before he was elected, President Trump consistently called [Read more]
Pipeline shortages, unprofitable, high breakevens for many shale producers, trouble accessing capital, high debt levels – does this sound like a model Canada should encourage? The Alberta oil and gas industry’s United States fetish is [Read more]
If the price of oil climbs high enough, some producers locked into contracts signed when oil prices were lower could find themselves losing money, not just making less. Anadarko photo. Many oil producers entered into contracts at [Read more]
“The proposed tariffs should be dead on arrival. Let’s have larger trade deficits instead. Our trade partners are invested with us.” – Hirs By Ed Hirs, energy economist, University of Houston Trade deficits keep your [Read more]
Experts expect to see more E&P, service company bankruptcies before next boom starts Despite oil prices hovering in the mid-$40 range, the Permian Basin industry is shaking off two years of hibernation and readying itself [Read more]
“…we [the USA] are more exposed to high prices than we are to low prices.” – Hirs Last week I wrote about a Texas-based oil producers group that is calling for a ban on crude oil [Read more]
Continuous improvement of American shale technology, operations also important to lowering costs – Charlotte Batson One of the most interesting debates in the American oil patch is the role innovation and new technology will play [Read more]
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