Global CO? equivalent emissions grew by 2.1% in 2023, crossing 40 billion metric tons for the first time. This category of emissions is the sum…
Last year, after 70 years of publishing the Statistical Review of World Energy, BP handed over the publication to the Energy Institute (EI). The full…
I have noted in recent articles that U.S. oil production is presently at about the same level it was 10 months ago. In August 2023,…
The International Energy Agency (IEA) recently released its Oil 2024 report, which examines the global dynamics for oil supply security, refining, trade, and investment. The report received…
Since 2008, the shale boom has grown U.S. oil production by about 9 million barrels per day. In the early days of the shale boom,…
The OPEC+ alliance, which includes Saudi Arabia and Russia, two of the world’s Top 3 oil producing countries, met in Riyadh, Saudi Arabia at the…
ConocoPhillips announced plans to acquire Marathon Oil Corporation through an all-stock transaction valued at $22.5 billion, including $5.4 billion in net debt. Marathon Oil shareholders…
The U.S. energy landscape has undergone a remarkable transformation since 2000. The changes reflect broader economic, technological, and policy trends that have influenced the nation’s…
Whenever I try to get a feel for the direction of natural gas prices, the Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report is the first…
Over the past week, multiple stories have appeared in the media with headline phrases like “The U.S. is refilling the Strategic Petroleum Reserves.” However, this…
Recently the Senate Budget Committee held a hearing to discuss a recent report that accused “Big Oil” of a “decades-long deception campaign” to misinform the public about…
The U.S. Department of Energy has finalized a rule banning fossil fuels from new and renovated federal buildings. The Clean Energy for New Federal Buildings…
Last year marked a record for U.S. oil production with an average daily production of 12.93 million barrels per day (BPD). That record was 5%…
Despite indicating they would refill the Strategic Petroleum Reserve (SPR) by the end of this year, the Department of Energy has now canceled solicitations offered…
A decade ago, master limited partnerships (MLPs), were a favored investment class for income investors. They have unique tax advantages that resulted in significant advantages…
Despite indicating they would refill the Strategic Petroleum Reserve (SPR) by the end of this year, the Department of Energy has now canceled solicitations offered…
The recent collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has caused a temporary halt to all shipping traffic…
Fresh on the heels of a new U.S. oil production record and establishment of the U.S. as the world’s top liquefied natural gas (LNG) exporter, this week the Energy…
Gasoline prices are on the rise, climbing nearly $0.30/gallon since the beginning of the year. What you may not realize is that this price rise…
In mid-December, I wrote here that the U.S. had set a new annual oil production record: “The U.S. set a new annual oil production…