Respected oil and gas industry analysts Ed Morse and Amy Meyers Jaffe teamed up to write a Foreign Affairs piece that argues in favor of US LNG (and even crude oil) exports. They address some of the most common claims leveled by opponents and make a strong case for why US energy exports are in… Keep reading →
By: Katie Holliday Uncertainty over rising tensions in Syria has driven oil prices to fresh highs in recent weeks, but analysts say the bullish sentiment is expected to stay regardless of whether or not the scenario escalates into a full blown war. “Even if there is a war in Syria or no war in Syria… Keep reading →
Of all the coverage linking Syria to oil prices, BBC seems to have used to most appropriate word for how the conflict is affecting markets: they’re “jittery”. It conveys that price movements will be both reactive and unpredictable as events unfold. The possibility of conflict has almost certainly pushed oil prices higher, but uncertainty over the… Keep reading →
A year ago, it was common for energy executives, regulators and critics to marvel at the sense of whiplash they felt from the extraordinary revival of North American natural gas production. Technology shifts long in the making but broadly below the radar of markets underpinned an expansion of the fuel’s market share amid low pricing… Keep reading →
Investment bank Simmons & Co’s commentary on the International Energy Agency’s August Oil Market Report highlights geopolitical risk facing global oil supply. The report shows that Opec supply fell by 165,000 barrels per day from the previous month, even as Saudi Arabia lifted output to a 12-month high. “Domestic developments in member countries has taken… Keep reading →
Natural gas production gains spurred by the unconventional revolution upended long-held beliefs about resource scarcity in the US, leading to calls for exports. And the rise in US unconventional crude production has led to similar calls for exporting oil. “Federal lawmakers should overturn the ban on exporting crude oil produced in the United States,” said Blake… Keep reading →
US energy security is much stronger today than just 5 years ago, but taking full advantage of this opportunity requires strategic decision making on behalf of government and the private sector. North American natural resource development can strengthen the US and Canadian economies and provide bargaining chips when dealing with foreign governments, but not… Keep reading →
Where are Oil Prices Headed on Syria News?
By Jared AndersonGlobal benchmark oil prices crept up to two-year highs over the past week or so as tensions in the Middle East and North Africa flare. US intervention in Syria currently awaits a congressional vote, so what will that decision likely mean for near-term price trajectory? It appears the geopolitical risk premium is mostly factored in… Keep reading →