By Ed Hirs This article was published by Forbes on Sept. 8, 2020. Texas oil and gas producers were recently polled, and 76% fear a Biden presidency fractionally more than they fear an oversupply of oil. Why? The [Read more]
By Emily Geary This article was published by the US Energy Information Administration on July 8, 2019. US crude oil production and lease condensate reached another milestone in April 2019, totalling 12.2 million barrels per [Read more]
This article was published by the International Energy Agency on May 14, 2019. Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced [Read more]
In February, US crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the US surpassed Russia in crude oil production for the first [Read more]
Based on information reported to EIA in the most recent update, US refinery capacity will not expand significantly during 2018. Phillips 66 photo. US refinery capacity has helped accommodate rising US crude production By [Read more]
Representatives from major US shale oil producing companies met with OPEC at least twice this year and are set to meet with the cartel in Vienna next week. Continental Resources photo. US shale billionaire Harold [Read more]
Record high US crude exports to Asia are cutting into traditional Russian and OPEC markets and the widening discount between Brent crude and WTI prices is encouraging buyers to diversify. Bloomberg News photo by Eddie [Read more]
US crude production hit an all time high in November, rising to 10.057 million barrels per day, before retreating slightly in December, according to the US Energy Information Administration. Anadarko photo. November 2017 US crude [Read more]
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