NOPEC?? Will the U.S. Pass Anti-OPEC legislation?


Every few years it seems that some elected representative puts some proposed legislation forward to ban OPEC and stop its ability to manipulate oil pricing. Usually, this legislation follows a period of increasing oil prices and seeks to subject governments who are otherwise exempt from anti-trust rules to our laws concerning anti-trust. The argume...
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OPEC+ Cuts: Are They Enough

When I sent out the 2019 Market Outlook , OPEC+ had just agreed to cuts of 1.2 million barrels per day in an effort to help re-balance the market. At the time I sent the email, the general amount of the cuts were agreed, but the amount each member would cut had yet to be determined. What was agreed to: OPEC would cut 800,000 barrels and Russia + it...
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