Week of May 25, 2009
1. Last Week 2. Commentary: Drilling with Charlie – Blizzard in the Badlands 3. Quote Continue Reading
Briefs week of May 25, 2009
Nigeria‘s oil production has fallen to less than half its capacity as fighting escalates in Continue Reading
Quote of the Week
“It is well-recognized that the main drive of the deepest recession since the Great Depression Continue Reading
The Great Divide on Energy Policy
At the 2009 Offshore Technology Conference (OTC) in Houston two weeks ago, the top issues Continue Reading
Nigeria
A few years ago when the oil supply situation was much tighter, every militant attack Continue Reading
IEA Lowers Demand
As a leading compiler of information relating to oil, the release of the IEA’s Oil Continue Reading
A Changing LNG Story
On April 27th natural gas prices fell to a recent low of $3.25 /Mcf but Continue Reading
Briefs
Saudi Aramco produced 8.9 million b/d of crude oil on average last year, up from Continue Reading
Quote of the Week
“When I became president, the average gas mileage on a car was 12 miles per Continue Reading
Production and Prices
Oil prices closed at a six-month high of $58.63 on Friday, capping a week of Continue Reading
Venezuela
Tensions between the Chavez government and the oil service industry have been on the rise Continue Reading
EU Gas Deal
In recent years, the EU has become increasingly concerned about its precarious energy situation. Disputes Continue Reading
The Message Sinks In
Last week, the Raymond James & Associates firm of financial advisors published a report discussing Continue Reading
Quote of the Week
“Shale plays represent a disturbing tendency in the E&P business away from critical thinking. The Continue Reading
Production and Prices
Oil prices had a good week, closing out above $53 barrel despite much bad economic Continue Reading
Iraq
The security situation in Iraq appears to be deteriorating at a time when Baghdad is Continue Reading
Detroit
It will be some time before we can sort out the impact of last week’s Continue Reading
Quote of the Week
Offshore oil: “The pace of growth will slow and then become flat for the next Continue Reading
Briefs May 4, 2009
World oil demand is forecast to fall this year by much more than previously expected, Continue Reading
Briefs week of April 20, 2009
OPEC is aiming for prices above $60 and is frustrated with Russia for not reducing Continue Reading
Interview with Matt Simmons, Part 3
ASPO-USA’s Steve Andrews recently hooked up with Matthew R. Simmons, chairman of Simmons & Company, Continue Reading
Production and Prices
The oil markets continue to move with the equity markets. When there is bad economic Continue Reading
IEA’s Forecast for 2009
Following the lead of the IMF, which recently forecast a significant drop in global economic Continue Reading
IEA’s Forecast for 2009
Following the lead of the IMF, which recently forecast a significant drop in global economic Continue Reading
Investment during the recession
Investment in oil and gas production continues to slip everywhere, unless ExxonMobil or China is Continue Reading