Author Archives: Scott

China’s domestic oil production likely peaked this year and is about to enter a long-term structural decline, according to Nomura. It notes the experience from Alaska’s Prudhoe Bay, which peaked in 1988: “Once the steep stage of the terminal decline … Continue reading →

After collapsing last year, front month Nymex crude oil futures are this year toying with secular trend-line support. Media headlines as energy, and generalised commodity price weakness, takes global inflation to its lowest post second world war levels – making … Continue reading →

Oil US Gulf Coast conventional gasoline hits six-year lows Houston (Platts)–13 Nov 2015 551 pm EST/2251 GMT The outright price for Gulf Coast conventional gasoline hit six-year lows Friday on continued weakness in the cash gasoline and oil futures markets. … Continue reading →

On This Day – 14 November 2015 India today imports around 70% of the oil that it consumes. Thus, it goes without saying that in the longer term, India needs to focus on becoming self reliant as far as its … Continue reading →

From DownStreamToday Outlook & Insights Iran Return to Intensify Europe Oil-Price Competition, IEA Says (Friday, November 13, 2015) Oil price competition in Europe is set to intensify when Iranian crude returns to the market after sanctions on its nuclear program … Continue reading →

This PDF has amazing links and headlines. packed full of great info on oil.

Per American Enterprise Institute, traffic volume data recently released by the Federal Highway Administration through August indicate that Americans have been driving at record levels lately. For the month of August, total travel on all US roads and streets was … Continue reading →

WSKG News By Bret Jaspers • 23 hours ago ShareTwitter Facebook Google+ Email Credit Joe Gratz / Flickr Listen 1:21 The deadline has passed, and almost no legal challenges have been filed against New York’s fracking ban. The Albany County Clerk’s office said … Continue reading →

Nov. 3, 2015 12:00 PM ET  |  Includes: COP, CVX, EOG per Seeking Alpha Summary It’s not all doom and gloom in the energy industry. The Permian Basin is actually showing an increase in output. Chevron, ConocoPhillips, and EOG Resources … Continue reading →

Hellenic Shipping News Worldwide: in Oil & Companies News 03/11/2015 Oil market bears want to believe Goldman Sachs’ forecast that crude could hit $20 a barrel. But many have been hesitant to make that bet. U.S. data on Friday showed … Continue reading →