EIA data shows changes for US crude oil markets
The most recent Energy Information Administration data provided a great snapshot of some of the changes taking place in the global crude market. As market reporters, we usually have a good idea of...
View ArticleQuantifying the oversupply of US natural gas
This time a year ago, the United States produced about 66 Bcf/d of natural gas and the national average price of next-day delivered natural gas was $4.59/MMBtu. Today, the US is producing roughly 72...
View ArticleIHS CERAWeek 2015, Day 2: Other observations from our oil editors
Second verse, same as the first . . . in some ways. Many of the themes raised Monday at IHS CERAWeek were reprised Tuesday, the second day of the conference. But Tuesday’s offerings were decidedly more...
View ArticleFinancing ‘frack addicts’ and shale producers in the US: Petrodollars
Robert Perkins examines the delicate balance act of financing shale oil production in the US in this week’s Oilgram News column, Petrodollars. The US shale industry took a high-profile bashing this...
View ArticleNorth American oil production flush with increasing efficiencies: New Frontier
The US and Canada aren’t slowing oil production, as many predicted when it appeared oil prices were settling into a lower pattern for an extended time period. Efficiencies, which fostered the growth of...
View ArticleDon’t lose your head over bad times — the oil markets will sort everything out
Back in the day six weeks ago, I used to tell this joke when I was explaining how Platts was sending me on the road for the rest of the year to get the pulse of the oil markets. I hate to travel, and I...
View ArticleAs the US recovers from Harvey, what’s next? – Fuel for Thought
The shale revolution has dramatically transformed this country’s energy landscape, making the US an exporter of crude, products and LNG—a far cry from the situation 12 years ago when Hurricane Katrina...
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