• American Shale-Oil Producers Are On A Roll

    • Date: 11/05/18
    • The Economist

    Surprisingly, they have not yet roiled the oil markets JUST over a year ago Harold Hamm, billionaire boss of Continental Resources, one of the biggest shale-oil producers in America, issued a stern warning to his fellow frackers. Drill with restraint or we will “kill the market”, he said. This month the 72-year-old Mr Hamm, son […]

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  • Shale Boom: US Could Produce 12 Million Barrels Of Oil A Day By 2019

    • Date: 10/05/18
    • The Daily Caller

    U.S. crude oil production could top 12 million barrels per day by the end of 2019, according to the latest Energy Department (DOE) forecast released on Tuesday. The U.S. Energy Information Administration, the DOE’s statistics arm, (EIA) projects U.S. crude output would grow by more than 1.5 million barrels per day over the next two years, primarily […]

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  • Iran Sanctions May Boost U.S. Crude Exports

    • Date: 09/05/18
    • Bloomberg

    A revival of U.S. oil sanctions on OPEC’s third-largest producer may set the stage for record-high U.S. crude exports by the end of this year. President Donald Trump’s decision to exit the 2015 Iran nuclear deal and reinstate sanctions on the Islamic Republic will remove Iranian oil from the global market, pushing prices higher and […]

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  • Shale Drillers Face New Test of Will as Crude Tops $70 Mark

    • Date: 08/05/18
    • Bloomberg

    For the oil industry, $70 offers a test of wills. With benchmark U.S. crude prices crossing the $70 a barrel threshold on Monday, the shale drillers who helped upend global markets now face a new challenge: Do they stick with promises of fiscal discipline and avoid new production? Or is it time to turn on the […]

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  • Shale Boom To Keep Oil Markets Under Pressure

    • Date: 07/05/18
    • Gulf News

    Abu Dhabi: Oil markets are expected to remain pressured throughout 2018 due to a rise in shale production, experts said. Oil prices are currently trading higher due to the strict implementation of an output cut agreement by the Organisation of Petroleum Exporting Countries (Opec) and non-Opec members, which seeks to lower global oil inventories to […]

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  • Renewable Energy Is Pushing California Towards New Energy Crisis, Regulators Warn

    • Date: 05/05/18
    • Jason Hopkins, Daily Caller

    A growing number of Californians ditching utility companies for alternative power sources is pushing the state onto the brink of a second energy crisis, regulators warn. California prides itself as a national leader when it comes to alternative energy production and distribution. The state implements a broad array of “environmentally friendly” programs for electricity consumers. […]

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  • China’s Growing Oil Demand Has Created A Geopolitical Dilemma

    • Date: 03/05/18
    • Tim Daiss, OilPrice.com

    China has become the world’s largest oil importer, and despite establishing the largely successful yuan-denominated oil futures, Beijing will have to grapple with an overlooked geopolitical and economic consequence as it seeks to quench its thirst for oil and gas. As China relies more on both foreign crude oil imports and imported gas in the […]

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  • Tesla Feels the Weight of Solar Panels

    • Date: 02/05/18
    • The Wall Street Journal

    Slowing installations, investment guarantees add to car maker’s challenges Tesla Inc. TSLA -0.36% has another financial worry: Its home solar-panel business is facing slowing installations and could be on the hook for financial promises it made to some investors, just as the U.S. tax law presents new risks to the industry. SolarCity, which the electric-car maker bought in 2016, is undergoing a […]

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