Recovery from the dramatic supply-driven oil price slide of 1986 took 5 years. Will the current cycle follow the same pattern? This piece plays a bit of Monday morning quarterback and suggests that if Saudi/Opec did more to moderate prices over the past 6 years the current supply glut could have been avoided. [Bloomberg via… Keep reading →
While it’s been said before, the US oil and gas production renaissance is nothing short of astonishing in terms of incremental volumetric production growth and the speed with which it occurred. It is interesting to drill down into new market developments that have manifested as a result of the production boom, like the emergence of… Keep reading →
Well, if you have a 401 (k), IRA or pension, then chances are US oil and gas company stock is part of that investment strategy. According to a study released today, 65.5% of US-based oil and gas company shares are owned by individual investors mostly as part of pension funds or retirement accounts. The study… Keep reading →
What does the term “fracking” mean to you? Chances are there are numerous answers to that question because the term has vaulted into US vernacular and political debates virtually overnight, along with the astonishing domestic oil and gas production increases to which hydraulic fracturing is directly related. Fracking is a fairly complex hydrocarbon well-completion technology… Keep reading →
Many in the oil & gas industry were pleased that President Obama recognized the important role dramatic hydrocarbon production increases are playing in the nation’s energy picture, but some observers feel the president took undue credit for the phenomenon during his State of the Union address last week. Much of the incremental oil & gas… Keep reading →
This scathing editorial shreds Washington’s energy policy record going back to the Carter administration and calls out President Obama for claiming in the State of the Union address that his administration’s policies were responsible for currently booming oil & gas production. [Forbes] Natural gas is being diverted to domestic grids in Egypt and next year… Keep reading →
