Hurricanes Hammer OPEC as Well
Hurricanes Irma and Harvey have lowered demand for crude oil, pushing supplies higher, not lower as OPEC desires. OPEC is out of options,...
Energy
OPEC Leaving Its Options “Open” as Production Cuts Fail to Raise Oil Prices
OPEC is out of options, so it issues lies all dressed up to look...
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...
Electric Cars: Child Slave Labor, Market Manipulation, and Environmental Pollution
While promising to save both the environment and humanity, the push for electric cars...
OPEC Members Continue Non-compliance
Non-compliance among OPEC’s members, and those non-members who also agreed to cut oil production,...
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...
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...
Crude Oil’s Bear Market Is Crushing OPEC
OPEC continues to fade into history as an unlamented footnote. ...
Enjoying Record Low Gas Prices? Thank a Fracker!
Are Americans enjoying record low gas prices? Then they should thank a fracker! ...
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...
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...
Alaska’s North Slope Oil Reserves Are “Open for Business”
Interior Secretary Ryan Zinke signed an order Wednesday opening up the immense National Petroleum...
OPEC to Extend Oil Production Cuts Another Nine Months
The OPEC meeting in Vienna, where the cartel plans to extend oil-production cuts to...
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...
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...
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...
Keystone XL Pipeline Granted Approval by State Department
It's comforting to note that TransCanada, the owner of the pipeline, still thinks the...
Fitch Knocks Saudi Arabia’s Credit Rating Down Another Notch
With low oil prices hurting Saudi Arabia's ability to pay off its welfare obligations,...
Saudi Arabia Losing Influence in Global Oil Markets
A self-imposed economic trap has sprung on OPEC-leading Saudi Arabia, making it apparent that...
Drop in Crude Oil Prices Threatens OPEC and Its Production Cut Deal
OPEC's epic failure to force oil prices higher will end its production cut agreement,...