The US used to be able to build large infrastructure projects quickly. The Hoover Dam, the largest concrete structure in the world at that time, was built in just five years, 1931-36. The 1,776-mile Transcontinental […]
Introduction It’s time to do two important things. First, we’ll discuss oil market fundamentals. Most of my readers know that I have covered oil supply worries a lot since 2020. These worries are a major […]
A couple of months ago, U.S. President Joe Biden urged energy companies to stop ‘war profiteering’ and even threatened to slap them with windfall tax if they failed to invest their profits in lowering costs for Americans […]
CNBC’s Jim Cramer on Monday went over the top-performing energy stocks in the S&P 500 this year. “While energy was the only winning sector this year, all of these stocks have come down substantially from […]
Africa-focused British independent energy company, Savannah Energy acquires oil and gas supermajor ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon The acquisition includes ExxonMobil’s entire upstream and midstream asset portfolio in the […]
While the Permian is all gas and no brakes (except takeaway constraints), the Haynesville and Marcellus shows signs of slowing Calgary, Alberta (December 7, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most […]
Governor Gavin Newsom believes California’s gas prices are too high. And he is correct. However, his claims that he can lower gasoline prices by forcing consumers to pay higher taxes will make a bad situation […]
In the current year, five developers have signed over 20 long-term deals to supply more than 30 million metric tons/year of LNG. Pundits are asking if the United States can ramp up production to meet […]
U.S. shale oil drillers turned from scrappy wildcatters into multi-millionaires over the past two decades, propelling the United States to become the world’s largest producer, but now they are running out of runway. Oil output […]
Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz, announced that Saudi Aramco has discovered two new unconventional natural gas fields in the eastern region, the Saudi Press Agency (SPA) reported this week. […]
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