December 2020

U.S. distillate inventories have fallen back within the five-year range

December 1, 2020 Clark Savage

According to the U.S. Energy Information Administration’s Weekly Petroleum Status Report, for the week ending November 13, 2020, U.S. distillate inventories fell to 143 million barrels, back within its previous five-year (2015-19) range for the […]

Egypts Giant Oil Pipeline Tward Europe slows to a Trickle

The United States briefly returned to net importer status for petroleum earlier this year

December 1, 2020 Clark Savage

The United States imported more crude oil and petroleum products than it exported in May and June of this year, briefly reversing the country’s 15-year-long trend toward becoming a net petroleum exporter. After being a […]

Small Chipmaker With Big Vision On Track To Dominate Fast-Growing Electric Vehicle Industry

June 9, 2023

The electric vehicle revolution is here, even in the most unexpected places. And it is a huge opportunity for astute investors. Executives at Stellantis NV (STLA) announced last week announced that production of its Dodge Charger and […]

EnLink Midstream LLC: A Top Player in Natural Gas and Crude Oil Transmission and Processing Services

June 9, 2023

EnLink Midstream LLC is among the top players in the transmission, processing, and marketing of natural gas and crude oil. The company operates across five segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. EnLink Midstream […]

Banks Continue to Put Billions Into Oil and Gas — Is It a Smart Investment?

June 8, 2023

The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]