Another Nail in OPEC’s Coffin: Fracking Old Wells Dropping U.S. Breakeven Points Further
America's free market in energy is permanently eclipsing the OPEC cartel — this time through fracking old wells. ...
Energy
Electric Cars: Child Slave Labor, Market Manipulation, and Environmental Pollution
While promising to save both the environment and humanity, the push for electric cars does neither. Not only does the electric car market...
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OPEC Members Continue Non-compliance
Non-compliance among OPEC’s members, and those non-members who also agreed to cut oil production, increased again in July. ...
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From Hero to Zero: $2-Billion Private Equity Fund Goes Broke in Oil
Life's investing rules are like the law of gravity: They cannot be broken, only violated. ...
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Crude Oil to Climb to $60 a Barrel, Claim Aramco’s CEO, Citi, and Goldman
Even as it predicts higher oil prices, OPEC is fighting a battle it cannot win, as U.S. producers continue to threaten the cartel's...
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Crude Oil’s Bear Market Is Crushing OPEC
OPEC continues to fade into history as an unlamented footnote. ...
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Enjoying Record Low Gas Prices? Thank a Fracker!
Are Americans enjoying record low gas prices? Then they should thank a fracker! ...
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Oil Expert Yardeni: OPEC Should Break Agreement, Produce All It Can
Energy expert Ed Yardeni is suggesting OPEC go back to flooding the world with oil because trying to deprive the world of oil...
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More OPEC Bad News: Increases in World Oil Supplies Overwhelming Its Cuts
OPEC is, at bottom, putting itself slowly out of business by reducing oil production in the hopes of raising oil prices. It's a...
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Alaska’s North Slope Oil Reserves Are “Open for Business”
Interior Secretary Ryan Zinke signed an order Wednesday opening up the immense National Petroleum Reserve-Alaska (NPRA) from consideration for energy development. ...
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OPEC to Extend Oil Production Cuts Another Nine Months
The OPEC meeting in Vienna, where the cartel plans to extend oil-production cuts to drive up oil prices is just for show. The...
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Russia, Saudi Arabia Release Trial Balloon: Extend Production Cut by a Year
In a joint statement released on Monday, oil ministers from Russia and Saudi Arabia said the present crude oil production reduction agreement reached...
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North Dakota Oil Production Jumps as Access Pipeline Nears Completion
Hello, Bakken. Goodbye, OPEC. The latest report from North Dakota’s state oil and gas division showed that crude oil production for March is...
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OPEC Increasingly Irrelevant as Cartel Seeks to Extend Output-cut Deal
On May 25, OPEC oil ministers will meet in Vienna to decide whether or not its present oil-output-cut agreement should be extended. Either...
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Keystone XL Pipeline Granted Approval by State Department
It's comforting to note that TransCanada, the owner of the pipeline, still thinks the project is economically viable after all these years of...
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