Key 2022 Challenges for Shale Drilling: Higher Costs and a Lack of Bank Financing Oil drillers in the biggest U.S. fields are shouldering record costs at the same time that… read more →
President Biden Announces Release from the Strategic (or Reactive?) Petroleum Reserve [1] Before Thanksgiving, President Biden announced he would be releasing 50 million barrels of oil from the US Strategic Petroleum… read more →
Are the Oil Majors Moving to the Minors? Last Friday, the two largest US oil and gas companies, ExxonMobil and Chevron, announced their 3rd Quarter earnings to investors. Not surprisingly,… read more →
Energy in 2045: OPEC’s Point of View Last week, the Organization of Petroleum Exporting Countries published its World Oil Outlook 2045. [1] Below are some insights [2] from the 800-pound gorilla of… read more →
Tough Times for Energy Bankruptcy Lawyers 2015-2021 E&P Unsecured Debt, Secured Debt and Aggregate Debt by Quarter According to the national law firm Haynes Boone’s recent Oil Patch Bankruptcy Monitor… read more →
Global Oil Supply / Demand Snapshot Earlier this month BP released its Statistical Review of World Energy 2021 (Review) providing a comprehensive overview of major energy sources supply and demand… read more →
CAPITAL DISCIPLINE: The Market Rewards Companies for Not Investing as Prices Go Higher As discussed in previous months, a recurring theme in today’s energy landscape is the concept of capital… read more →
Reduced Pipeline Capacity is Pushing Energy Prices Higher As employers begin to encourage a return to the office and families plan road trips, the average price of a gallon of… read more →
Is Biden’s Goal of Carbon-Free Electricity by 2035 Possible? According to a recent article in Scientific American, the backbone of President Biden’s plan to use infrastructure spending to advance climate… read more →
Biden’s American Jobs Plan Illuminates the Need for Affordable Battery Technology As the first quarter under President Biden comes to a close, the Administration’s support for further development of green… read more →