Energy Blog

It is unlikely that either oil supply or demand will ever return to 2018 levels.

OPEC+ has done a dreadful job of managing world oil markets over the last three-and-a-half years.

The party is over for shale and U.S. energy dominance.

Lower production of associated gas does not logically account for the complexity of natural gas markets. Conventional wisdom is, after all, based on conventional thinking.

We are near the end of a rally whose ceiling will be in the low $40-range for the foreseeable future.

I don’t know about you but I’m going to leave the champagne in the refrigerator for awhile.

Large segments of the U.S. oil industry will have to be nationalized before the year is over.