Allen writes the popular energy news blog Open Choke
Despite concerns about the apparent slowdown in the growth rate of the Chinese economy, China’s crude oil imports rose to a record level in February…
Ok, so Oklahoma. A few months back we took a look at the SCOOP and the STACK plays in Oklahoma, and we determined that although…
Iran, a country boasting the fourth largest oil and the second largest gas reserves in the world, has become one of the most prominent topics…
Age demographics do not care about the price of oil. Whether oil is at $100/barrel or at $30/barrel, babies get born, people age and pass…
Most of our attention during the past 18-months of sliding oil prices has been on the impact on US unconventional operations, and for good reason.…
Muhammad bin Salman, the Kingdom of Saudi Arabia’s (KSA) Deputy Crown Prince, has publicly stated his personal support for selling shares to the public in…
In today’s gloomy oil-price news cycle, it’s sometimes easy to overlook the fact that if not for the advent of hydraulic fracturing coupled with horizontal…
(Click to enlarge) The one given in this industry is that the analyst community is consistently wrong about where the price of oil is going…
S&P lowered the US debt rating from AAA to AA+ on Thursday. What does this mean to you and me? Well, S&P is only one of…
Our markets seem very sensitive to the price of oil... to the extent that I read articles about how high oil prices are keeping the…
Lot's of people are discussing the HBO movie "Gasland" which has aired on HBO. I encourage everyone to watch it, if, for no other reason…
Below is the TransOcean rig data on the wellbore from two hours out until blowout. This from what was filed with the US government investigators.…
Here is what a couple of offshore drilling engineers told me about the BP Blowout… However, everything is consistent with a well way over budget,…
White House renewable energy darling Solyndra, the beneficiary of a $500 MM+ loan guarantee from the DOE, is featured on the White House Blogs... Written…
In 2006, when I wrote this, and culled directly from their 10K, ExxonMobil paid $30.7 billion in excise taxes, $41.6 billion in other "taxes and…
As we enter a week without further news as to whether BP's efforts to place a containment vessel over the oil leak in the subsurface, two…
Panic time, folks. News stories about impending environmental disasters. A couple of senators calling for hearings. The media calling it "Obama's Katrina". Time for that rarest of things, perspective.…