Shale out!

Russia and Saudi Arabia are trying to exploit the COVID 19 crisis and force U.S. shale oil producers into bankruptcy by flooding the market with oil, dropping the price as low as $20 a barrel. Should the Trump Administration bailout producers who are overextended? Here’s our perspective on the question of a “SHALE-out”. WATCH NOW

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|2020-03-25T20:34:36-04:00March 28th, 2020|Comments Off on Shale out!

Oil shocks are history

In the US , we are seeing an increase in production everywhere.

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|2019-11-08T10:48:56-05:00November 3rd, 2019|Comments Off on Oil shocks are history

Burning Saudi oil wells a wake up call

The attack on Saudi oil underscores how fortunate Americans are to have a strong energy infrastructure, and how irresponsible calls to dismantle it are.

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|2019-09-16T16:14:31-04:00September 16th, 2019|Comments Off on Burning Saudi oil wells a wake up call

Saudi Arabia whines US has too much control over world’s oil

OPEC has asked the U.S. to stop producing so much oil, according to a report Thursday. Saudi Arabia is not enjoying free markets and the shale energy revolution.

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|2017-05-12T20:32:07-04:00May 12th, 2017|5 Comments

OPEC agrees to a production decrease, prices increase—but could be just right

CFACT energy policy advisor Marita Noon reports that, having failed to destroy U.S. oil and gas producers via increasing its own oil production, has now signed an OPEC agreement to cut back production -- largely because the artifically low price of oil was hurting producers worldwide.

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|2016-10-10T13:38:06-04:00October 10th, 2016|Comments Off on OPEC agrees to a production decrease, prices increase—but could be just right

American oil faces powerful foes

American oil production is threatened by enemies within and without.

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|2016-06-15T10:02:16-04:00June 13th, 2016|14 Comments

What’s up with the prices at the pump?

Oil prices at the pump fell hard, then began creeping back up -- even though crude oil prices have not rebounded. One reason is an explosion at an ExxonMobil refinery in California that has bumped that state's price by 20 cents a gallon, but if the steelworkers union strike expands the impacts could grow . Meanwhile, the Saudis, who concocted the scheme that saw the dramatic drop in prices, are happy to see the rise in the price at the pump.

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|2015-03-02T15:22:11-05:00March 2nd, 2015|Comments Off on What’s up with the prices at the pump?
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