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October 14, 2016

EIA’s supply/demand balance…

The EIA's Short Term Energy Outlook, released yesterday, continues to show a supply/demand balance for liquid fuels occurring in the second half of

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October 13, 2016

The call on OPEC crude… IEA

The recently released Oil Monthly Report by the IEA has a nice chart showing their expectations for the demand for OPEC oil: Here is their

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October 13, 2016

Natural-Gas Prices Heat Up…WSJ

Here is a long term natural gas chart from barchart.com: The WSJ suggests the recent rise is due to a decline in drilling of oil: "That is because

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October 13, 2016

Energy-related CO2 emissions lowest since 1991…EIA

From the EIA's always excellent Today in Energy: "U.S. energy-related carbon dioxide (CO2) emissions totaled 2,530 million metric tons in the first

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October 11, 2016

OPEC Oil Output Rising… WSJ

From today's Wall Street Journal: "OPEC boosted its output by 160,000 barrels a day to a record 33.64 million barrels a day in September, the IEA

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October 10, 2016

Al-Falih says $60 is possible… WSJ

Saudi oil minister al-Kalih is talking, and is optimistic that $60 is attainable this year... Here is a key point for bulls: "The minister’s words

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October 9, 2016

Chevron Phillips, petrochemical expansion… FuelFix

The story from FuelFix is about a Chevron Phillips $6 billion petrochemical plant expansion, but here is the takeaway: "The effort is the

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October 8, 2016

Shell ditches West Coast rail plan.. Reuters

Reuters discusses Shell's decision not to build a rail terminal in Washington state which would deliver up to 400,000 bpd of Bakken crude

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October 8, 2016

Venezuela owned Citgo… Bloomberg

Years ago, I thought a Citgo sale to Petrobras would be a great fit, possibly as a JV with China... Chavez would get needed billions; Petrobras (Lula

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