Optimism Runs High In Wake of Historic Deal

Even before the OPEC deal to cut production on November 30th, and the subsequent agreement by non-OPEC members to join in the freeze/cuts on December 9th, optimism was running high in...
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Will U.S. Oil Producers Spoil The Party?

OPEC and non-OPEC members worked hard to reach an agreement that will, hopefully, move crude not only into balance but into supply deficit sooner rather than later. When deficit will occur...
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Trump Appears to Be Picking Pro-Energy Cabinet

One interesting thing we can gleam so far is Donald Trump appears to be picking a very pro-energy cabinet. Mr. Trump has selected numerous potential cabinet members with ties to the...
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U.S. Shale Set to Compete with OPEC

One of the frequent updates we have given you throughout the many editions of The Five Star Standard is what the breakeven production costs are in the United States? We have...
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The Week In Numbers for the Week Ending 12-02-2016

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...
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Ty’s Take for the Week Ending 12-02-16

This week the big news is the OPEC freeze deal. As those of you who regularly read The Five Star Standard probably know, I have been a big cynic of OPEC...
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Paris Agreement On Climate Change Goes Into Effect. What Does it Mean for Oil?

In November 2016, the Paris Agreement on Climate Change went into effect. A total of 193 Nations are signatories, 115 of which have ratified the convention, including the United States. The...
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OPEC Reaches Deal on Production Freeze

History On The Deal So finally, we get to give some good news!!!! We have a deal from OPEC on a production freeze. As you might remember, OPEC reached a preliminary...
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Biggest Oil Find Ever in US. Russia Also Gets A Boost.

As everyone in the World knows, things are bigger in Texas. They just are. According to a survey released on November 18, 2016, by the US Geological Service, the Midland Basin...
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Signs of Life For Oilfield Services.

Many of our customers are reporting an increase in business over the past few months. Some are actually getting “busy” again, and some are getting work for the first time in...
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