There is an endless supply of breaking news events that are impacting the oil market daily. China, India, OPEC, inflation, South America, and of course, the Russia/Ukraine war are all big item headlines that have gotten us to a market where both WTI and Brent have climbed above $114/BBL. Let’s explore some of these headlines […]
Read MoreThe Truth, the Whole Truth, and Nothing but the Truth About Today’s Gas Prices
Most Americans have by now felt the impact of the ever-rising gas prices at the station. The national average is $4.305/gallon. With record-high levels in recent days, Americans are eager for relief. Given all the rhetoric surrounding gas prices, when can we expect to realistically see relief at the pump? Media is highlighting the Russian […]
Read MoreHow a Diesel Exhaust Fluid (DEF) Shortage could Add to the Global Supply Chain Issues
Diesel Exhaust Fluid (DEF) is a little-known resource that plays a major role in our everyday lives. DEF is a farm-based product, urea, that was mandated for diesel vehicles in the US in 2010. It’s a product that helps reduce NOx and particulate matter. [1]So how does a DEF shortage play into bigger supply chain […]
Read MoreAnd the Winner for BIGGEST Green Initiative on the Planet Goes to…
Climate change, global warming, and CO2 emissions are all hot topics of an energy intensive world. Fossil Fuels live at the center of the debate with many people calling to an end of the fossil fuel era and the coal and gas companies that mine them. These groups and activists push for greener and cleaner […]
Read MoreThe Manufactured Energy Crisis and why Pipelines are the Answer
Energy is an industry that is talked about by many, but truly only understood by few. Whether we discuss emissions, ESG, tightening supply, carbon footprints/off-sets, or record high prices that hammer working class Americans, the simple, most efficient, and cleanest answer has all along been MORE PIPELINES! Under the Biden Administration, the Keystone XL pipeline […]
Read MoreSky High Natural Gas Prices Not Leading to More Drilling or Production
The world is quickly approaching an energy crisis as we move into the winter season. Power generation and home heating are expected to be areas of concern and come at a price that is far higher than consumers have seen. China has already began scheduling intentional black outs. Crude and Natural Gas should/would be the […]
Read MoreFossil Fuels v. Renewables- The Truth, the Whole Truth, and Nothing but the Truth
In 2021, fossil fuels is a phrase that carries negative connotations. In the push for renewable energy, electric cars, ESG, and Green New Deals, the public has indulged themselves with feel-good initiatives, buzz words, and click-bait talking points without taking into consideration the real-world ramifications these plans have. There will always be a strong need […]
Read MoreCRUDE SLIDES AMID DEMAND AND SUPPLY CONCERNS
China’s economic outlook and the Delta variant tanker were the most recent forces that led to crudes slip to open the month of August. Brent crude at writing was lower by 2.02% at $73.89/bbl while WTI slipped 2.31% and fell to $72.24/bbl. In mid-July OPEC+ met to discuss growing demand and supply increases. After some […]
Read MoreOPEC Plus “Cuts” Deal to Boost Supply
OPEC Plus “Cuts” Deal to Boost Supply OPEC and its “plus” allies have reached another covid-induced agreement, but this time it will not be more production cuts. For the second time since the covid pandemic began, the OPEC plus members will be reversing the reductions and beginning to increase production. The increases are scheduled over […]
Read MoreSky High Crude Eyes $100/BBL Amid Inventory Draws and Decreased Exploration
Unless you have been living under a rock, it is no secret crude oil has been on a tumultuous ride. Crude has long been a commodity that follows up and down trends on traditional cycles. The seven-year boom followed by a year of bust broke cycle in 2015 and saw the oil and gas sector […]
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