• Green Lunacy: Anti-Shale Europe Dependent On Russian Gas As Never Before

    • Date: 01/03/17
    • Bloomberg

    Europe has wanted to wean itself from Russian natural gas ever since supplies from its eastern neighbor dropped during freezing weather in 2009. Almost a decade later, the region has never been more dependent. Gazprom PJSC, Russia’s state-run export monopoly, shipped a record amount of gas to the European Union last year and accounts for […]

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  • Shale Boom 2.0: OPEC Underestimated U.S. Frackers

    • Date: 27/02/17
    • Julian Lee, Bloomberg

    The second coming of shale could be even more powerful than the first. OPEC seems to be getting caught unawares. The current boom in U.S. oil production is even stronger now than the run from July 2011 to April 2015. And this is with oil prices at half their previous level and before President Donald […]

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  • Shale Revolution Drives American Household’s Energy Cost To Record Low

    • Date: 26/02/17
    • Lily Emamian , Energy Indepth

    Record-low natural gas prices enabled consumers to devote “less than 4% of their total annual household spending to energy in 2016, the smallest share ever recorded by the US government.” The Business Council for Sustainable Energy, in partnership with Bloomberg New Energy, just released the 2017 Sustainable Energy in America Factbook. The report covers the across-the-board benefits […]

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  • Short Selling Skeptic Cashing In On Solar Company Collapses

    • Date: 20/02/17
    • Eric Worrall, Watts Up With That

    Gordon Johnson of Axiom Capital Management Inc. is the short selling financial analyst solar energy companies are learning to hate. His business is making money from the the failure of unsustainable renewable business models. Gordon Johnson –Photographer: Christopher Goodney/Bloomberg The Most-Hated Bear in Solar Isn’t Backing Down by Brian Eckhouse 16 February 2017, 20:00 GMT+10 17 February 2017, […]

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  • Shale Drilling Is on a Roll as OPEC Cuts Keep Oil Above $50

    • Date: 18/02/17
    • Bailey Lipschultz, Bloomberg

    Shale wildcatters pushed ahead on the biggest surge in U.S. oil drilling since 2012 as the explorers take advantage of prices above $50 for more than two months. Rigs targeting crude in the U.S. rose by 6 to 597 this week, the highest total since October 2015, according to Baker Hughes Inc. data reported Friday. Drillers […]

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  • Worst Gasoline Glut in 27 Years Could Be Oil Rally’s Nemesis

    • Date: 17/02/17
    • The Wall Street Journal

    Storage levels swelled last week to 259 million barrels, the highest in EIA records dating to 1990 A gasoline glut brought on by drivers buying less at filling stations is emerging as one of the biggest threats to the yearlong oil-price rally. U.S. gasoline consumption plummeted last month, nearly matching a 15-year low, government estimates […]

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  • Energy Superpower: The United States Of Oil And Gas

    • Date: 15/02/17
    • Tim Meko and Laris Karklis, The Washington Post

    Since 2010, the United States has been in an oil-and-gas boom. In 2015, domestic production was at near-record levels, and we now produce more petroleum products than any other country in the world. President Trump said he plans to double down on the oil and gas industry, lifting regulations and drilling on federal land. Here is […]

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  • Ukraine May Declare Energy Emergency Over Coal Shortage

    • Date: 14/02/17
    • Tsvetana Paraskova, OilPrice.com

    Ukraine’s government is considering declaring a state of emergency in the energy sector due to severe shortage of coal deliveries from the conflict-torn Donbas region, which produces a large part of the coal that Ukraine’s power-generating plants consume, Ukraine’s Unian agency reported on Monday. “The issue of the introduction of a state of emergency in […]

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