David Messler

Latest articles from David

• Is U.S. Shale Finally Bouncing Back?

  Published 13 October 2020 | viewed 10,294 times

  As the oil price dropped through the first and second quarters of this year, oil companies closed in wells and laid off drilling and fracking…

• Oil Markets Brace For Tough End Of Year

  Published 05 October 2020 | viewed 16,327 times

  The worsening demand picture for oil and derivatives finally squashed the $40 WTI price last week. There were just too many negatives hitting at the…

• Do Canadian Oil Drillers Still Have Some Potential?

  Published 28 September 2020 | viewed 3,638 times

  This company presents a good opportunity for investors with a minimum of risk, with exceptions as noted. Enerplus, (NYSE:ERF) is a Canadian driller with a…

• The Future Of Fracking In The United States

  Published 15 September 2020 | viewed 21,719 times

  The recent combination of Schlumberger’s, (NYSE:SLB) OneStim business with Liberty Oilfield Service, (NYSE:LBRT) created a colossus in North American fracking. One estimate suggested the combination…

• The Start Of A New Oil Market Supercycle

  Published 09 September 2020 | viewed 37,361 times

  It is over-simplification to say the world has been overwhelmed with too much oil and gas and inadequate drivers of demand for them over the…

• The Real Reason The Oil Rally Has Fizzled Out

  Published 01 September 2020 | viewed 20,168 times

  One of the themes that is emerging as we review investment candidates is the era of oil growth, which is at least going to take…

• Is It Time To Buy Canadian Oil Stocks?

  Published 19 August 2020 | viewed 24,464 times

  Canadian exploration and production companies have not rebounded from the sharp sell-off that took place in the oil patch after the OPEC+ fallout in March…

• Why Fracking Activity Hasn’t Increased As Oil Prices Recovered

  Published 16 August 2020 | viewed 12,309 times

  It’s been a long dry spell in the Permian. Shale drilling and completions activity has collapsed to levels not seen since before 2000 (as far…

• Here’s How Oil Could Skyrocket By 138%

  Published 10 August 2020 | viewed 53,278 times

  The market is gradually beginning to give credence to something I've been discussing in past OilPrice articles for a long time now. In a June,…

• Microsoft And Halliburton Are Building The Oilfield Of The Future

  Published 27 July 2020 | viewed 83,437 times

  The oilfield has historically been a place where brawny men, and mighty machines came together to bore holes deeply into the earth to wrest stores…

• Is Warren Buffet Right About Natural Gas?

  Published 23 July 2020 | viewed 59,417 times

  I have established a reputation as a bit of a contrarian in certain areas of the energy market. I have been tough on pipeline companies…

• Is This The End Of The American Pipeline Boom?

  Published 13 July 2020 | viewed 18,174 times

  The Dakota Access Pipeline, (DAPL) was built to transport Bakken crude oil from its point of origin in far North Dakota to a terminus in…

• Big Oil’s Investment Risk Is Spiking

  Published 07 July 2020 | viewed 20,773 times

  The major integrated oil companies: Shell,(NYSE:RDS.A, RDS.B); ExxonMobil, (NYSE:XOM); BP, (NYSE:BP); Chevron, (NYSE:CVX), and a few others, so named for their vertical stewardship of the…

• Texas Oil Companies Are Already Preparing To Restart Production

  Published 25 June 2020 | viewed 39,607 times

  The oilfield was served up a harsh reminder that all is not “sunshine” and “strawberries” in the oilfield today. The EIA Weekly Petroleum Status Report’s…

• Underinvestment Could Send Oil Prices Soaring

  Published 17 June 2020 | viewed 48,149 times

  The most recent edition of the Energy Information Agency monthly Drilling Productivity report confirmed what news reports had anecdotally told us. U.S. domestic shale production…

• Can This Oil Giant Return To Its Former Glory?

  Published 09 June 2020 | viewed 40,055 times

  American shale peaked in February of this year, and is on glide path lower as the drilling decline takes its toll on legacy production. As…

• Why Saudi Arabia Is Desperate To Extend OPEC+ Cuts

  Published 02 June 2020 | viewed 29,750 times

  OPEC+ hopes to reduce global storage volumes with their production cuts, and hopes to extend them through at least, the summer. OPEC’s regular meeting in…

• Stocks To Watch As Shale Bounces Back

  Published 28 May 2020 | viewed 41,743 times

  There is no question that as the oil price dropped in the first quarter of 2020, producers reacted strongly curtailing new drilling, and actually shutting…

• Is The Oil Collapse Over Already?

  Published 19 May 2020 | viewed 76,438 times

  It has just been an amazing week for crude oil! We haven’t seen upward movement in WTI like we’ve seen this week in…forever, on a…

• This Could Be The Beginning Of A Tremendous Oil Rally

  Published 05 May 2020 | viewed 194,845 times

  If you’re a fan of oil, and I expect you are seeing as how you’re reading articles on OilPrice, get ready for a positive forecast…