While Natgas prices were extremely volatile last week, they continue to remain at yearly lows. So, what’s next for the Energy Market heading into 2024? With petroleum demand beginning to weaken in the United States, it could set up for lower prices in the next few quarters…
While the world recently celebrated the United States for hitting a new record high in crude oil production, there seem to be some accounting irregularities at work. How so? Out of the blue, U.S. crude oil production began to surge in July, reaching a stunning 13.3 million barrels per day…
Now that the 2024 Happy New Year celebrations are behind us, let’s look at some good news. Global conventional oil discoveries hit an ALL-TIME Record low in 2023. Even though global exploration spending increased last year, discoveries fell to the lowest level in the past 100 years…
While the market applauds record U.S. oil production surpassing Saudi Arabia and Russia, how sustainable is this supply? Also, what is happening with the critical U.S. diesel supply and inventories? And how would a recession impact U.S. fuel consumption in 2024…
When I thought things couldn’t get any more Bizarre, it seems that Doomberg now believes in the Energy Tooth Fairy. Honestly, when I saw his Peak Cheap Oil Myth article, I fell off my chair. This is my rebuttal to Doomberg, which I believe you will find quite interesting…
What’s the Future of Global Energy?? I sat down with Jesse Day for the Vancouver Resource Investment Conference and discussed energy with Brian Gitt. While Brian believes the world has a tremendous amount of oil reserves remaining, I believe this is vastly overstated…