On January 24, 2019, the EIA released its Annual Energy Outlook for 2019. One of the most exciting takeaways from the report: By 2020, the United States will become a net energy exporter. That is outstanding news and game changing for our industry. Lets build some historical context. The United States has imported more energy than it exports since ...
3380 Hits
Merry Christmas!Thank you for taking the time to read this article on our market outlook for 2019.I wanted to write this article because I see very contradictory opinions as to where oil markets are headed in 2019.And, I've had a few of our customers call and ask me for my impressions of the market now and going forward.So, I thought I would send o...
3198 Hits
In each edition of the Standard, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we...
2748 Hits
Every week many of us pour over numbers. We look at the “rotary” rig count data from Baker-Hughes, API Inventory reports, and EIA reports. That’s in addition to the monthly reports...
2825 Hits
Finally! Over the past few weeks we have started seeing some inventory draws as reported by the EIA in its weekly assessment of U.S. Inventories. And that is good news indeed. ...
2796 Hits
Over the past several weeks, a fundamental shift has appeared to happen in markets and in oil market commentators. While there are certainly still skeptics concerned about market rebalance who continue...
2946 Hits
In writing the articles for this week, I did my usual review of 10-20 news stories everyday. And most of the stories were fairly mundane. Everyday occurrences like: Oil Company X...
3136 Hits
The United States oil market has greatly benefitted from the global trade of energy products, particularly to Latin America recent reports suggest. The U.S. exported record quantities of natural gas, propane,...
2416 Hits
In each edition of the Standard, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we...
2192 Hits
In the last edition of The Five Star Standard, we wrote an article on CERAWeek. One of the more interesting comments to come out of the meeting, was Saudi Oil Minister...
2381 Hits