JP Morgan Slashes Its 2018 Oil Price Forecast By $11
After some optimism about oil prices, an unexpectedly high EIA inventory report plus “no end in sight” in shale v. OPEC has analysts rattled.
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Trump’s Budget Delivers Big Oil’s Wish: Reducing Strategic Petroleum Reserve
Trump seeks to deliver on another Koch Brothers pet idea: selling off part of the strategic petroleum reserve.
Read more...Saudi Finance Minister: “I Wouldn’t Care If The Oil Price Is Zero”
The Saudi government has developed plans for root and branch economic change. But how can they cope if (when) it falls short?
Read more...Gaius Publius: The Dying Fossil Fuel Industry
The oil industry is on a downward trend, and the trajectory could be faster than most anticipate.
Read more...Dakota Access Pipeline Divestiture and Climate Change Politics
Divestiture initiatives are unlikely to halt DAPL’s construction, but show cautious promise for stopping future US pipeline projects.
Read more...Oklahoma Governor Mary Fallin Signs Law Imposing Hefty Fines and Lengthy Jail Terms for Anti-Pipeline Protests
Oklahoma becomes the first state to enact an anti-trespass law aimed at pipeline protests. Will this spark a national trend targeting protest and dissent?
Read more...Why Are The Oil Markets Crashing?
Sunny predictions for oil prices in 2017 are looking a tad premature.
Read more...Newspaper Owned By Fracking Billionaire Leaks Memo Calling Pipeline Opponents Potential “Terrorists”
States such as Oklahoma and North Dakota lead the way in repressing protest over pipeline and fracking activities.
Read more...Wolf Richter: Great Debt Unwind: Consumer Bankruptcies Jump, First Since 2010; Commercial Bankruptcies Spike
Both consumer and commercial bankruptcies spiked in March– and the oil bust’s not to blame.
Read more...The Clean Carbon Bad Joke
How viable are “cleaner” coal technologies? And can carbon sequestration save the day?
Read more...Small California Towns Are Facing Off Against Oil Companies — And Winning
California towns are winning David. v. Goliath battles with oil companies.
Read more...Trump Approves Keystone XL Pipeline, Making Good on Campaign Promise
Although additional regulatory approvals, lawsuits, and protests loom, the controversial Keystone XL pipeline now looks likely to proceed.
Read more...Oil And Gas States Forced To Cut Education Spending
The oil price slump has put pressure on the budgets of the U.S. oil and coal states.
Read more...New Oil Price War Looms As The OPEC Deal Falls Short
The OPEC deal last year was weak and is vulnerable to US shale players increasing production.
Read more...How Russia Is Using Oil Deals To Secure Its Influence In The Middle East
A string of oil deals between Russian oil companies and Arab petrostates have shifted the center of political gravity in the Middle East and North Africa towards Moscow
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