As forecasted, the U.S. Natgas price has now fallen below the $2 level and will likely continue even lower. Unfortunately, the ENERGY CLIFF is impacting the Natgas Market the most as the U.S. Henry Hub price is now falling below the total cost of production…
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…
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…