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Recent articles

Exxon Lawsuit - How $8.9 Billion Becomes $250 Million

A lobbying blitz is underway to scrap the decades old ban on crude oil exports from the United States.


Congress Facing Huge Pressure To Lift Oil Export Ban

A lobbying blitz is underway to scrap the decades old ban on crude oil exports from the United States.


The U.S. Will Spend $5 Billion On Energy Research In 2015 – Where Is It Going?

The allocation may surprise you.


Oil Majors Balk At Mexican Offshore Proposals

The Mexican government has unveiled much-anticipated offers for offshore acreage in the Gulf of Mexico for oil exploration.


Despite Oil Price Plunge, California Gasoline Prices Soar

While the low price of gasoline has many in the United States considering a return to fuel-hungry vehicles, the price actually has been rising in the country’s car capital.

US Will Never Gain Oil Market Crown Says IEA Head

What's especially interesting about this forecast is that it directly contradicts what the new executive director of the IEA said only three months ago.


OPEC Considers Emergency Meeting On Oil Prices

But the prospects of such a gathering seem remote.


Roman Abramovich Invests $15M In New US Fracking Technology

Are the Russians coming to Texas riding the tailwinds of fracking?


Oil Industry Blasts Latest Rules For Arctic Drilling

The energy industry has criticized proposed regulations for exploratory drilling in the US Arctic Ocean, but one company has said it will comply.


Can Tesla’s Latest Venture Live Up To The Hype?

If anything, logic tells us that lower oil prices, and particularly this drop, should be a buy signal for equity investors.

Why The Stock Market Likes Cheap Oil

If anything, logic tells us that lower oil prices, and particularly this drop, should be a buy signal for equity investors.


OPEC Won’t Regain Strength Until US Shale Production Slows In 2030s

For OPEC and the rest of the global oil industry, the proverbial light at the end of the tunnel is at least 15 years away.


Libya Oil Output Plunges Amid Heightened Violence

Libya’s oil fields and infrastructure have come under attack multiple times over much of the last two years, but events have recently taken a turn for the worse.


IEA Sees Oil Prices Bottoming Out, But Not Surging Back To $100-Plus Levels

The International Energy Agency says the plunge in the price of crude will end fairly soon, but cautions oil producers to keep expectations in check.


Strike At US Refineries Expands To 2 More Sites

The United Steelworkers union (USW) has added two more sites to the number of oil refineries where its members have gone on strike, citing bad-faith bargaining by the companies and even threats against employees.

Oil’s Survival Of The Fittest: Interview With Stan Szary

An exclusive look into what this CEO thinks about the state of the turbulent oil market.


Another 5,000 Victims Of The Plunge In Oil Prices

One of the world’s largest oilfield services company, will cut 9 percent of its global workforce in the face of unexpectedly low oil prices.


Oil Prices Most Volatile Since 2009

The nearly 20 percent rally in oil prices over the past week raised hopes but were quickly dashed on Feb. 4 when prices erased much of their gains.


A Long Time Before We See $100 Again Says BP Chief

The problem seems to be deeply embedded in the very economics of oil.


Rise Of The Vulture Investing Class

Eyeing wounded animals, some financial vultures sense an opportunity and are providing credit to distressed oil companies at exorbitant rates.