These guys got it done.
In a few short months, they saved hundreds of jobs, increased industry profits, created some energy security for the US east coast, and set the stage to improve the environment through reduced air emissions.
They are the epitomy, the poster child, of how business, labour and government...
Last week I looked at the phenomenal success of a new breed of offshore explorers who are using unconventional drilling (read: horizontal drilling and fracking) to unlock billions of barrels of bypassed oil in places like the shallow-water U.S. Gulf of Mexico.
Offshore producers are now getting returns as good...
Psychological fears of an oil glut are have caused oil prices to drop from $55-$48. But there is some fundamental economic factors that suggest this price drop will be short lived.
So far in 2017, U.S. crude oil inventories have increased 49.38 million barrels to 528.39 million barrels as the...
The Canadian dollar has dropped 25% against the US dollar in the last 18 months, going from 94 cents to 71 cents. That's horrible news for Canadian drivers, as the lower loonie (as Canada's dollar is affectionately nicknamed) has almost completely eliminated any savings at the pump, while oil...
By Nathan Weiss and Keith Schaefer
Where is all the oil coming from?
Oil inventories continue to surge, but U.S. production has flatlined for weeks—even months.
I mean really—look at these simple facts that have been staring the Market in the face for months:
Year-to-date (YTD) production in 2015 in the U.S. is...
