Mass Produced Electric Cars? Sooner Than You Think The cost of batteries is going down. EVs are becoming more affordable WASHINGTON – The still unresolved issue that will determine if and when there will be real mass demand for Electric...
Round One: US Shale Wins, OPEC Loses The US shale oil industry managed to become more productive and more efficient WASHINGTON – Here is the news. The US shale oil industry, while badly wounded by the price war waged...
Is Exxon’s Obfuscation About Climate Change A Crime? Exxon apparently knew a long time that fossil fuels cause global warming but denied it in public WASHINGTON – Here is the thing. We know now that ExxonMobil’s internal documents reveal that experts working for the...
The Dream Of A Modern Saudi Arabia Deputy Crown Prince Mohammed wants to transform a country whose entire society been shaped by the oil rent WASHINGTON – Bloomberg Businessweek placed Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman on its cover (April 25 – May...
Oil Prices Will Stay Low The Doha talks failed because Iran did not accept to freeze its oil production WASHINGTON – I am not at all surprised to see that the Doha oil talks aimed at finding an...
Hillary Clinton Will Ban Fracking -Less Energy For America If elected President, she will restrict most hydraulic fracturing activities WASHINGTON – When it comes to America’s energy needs and viable alternatives to fossil fuels, it looks as if...
No Deal To Cut Oil Production – Still, Russia And Saudi Arabia Are Talking Can the two major oil producers come to an agreement at a later date? WASHINGTON – Saudi Arabia and Russia are the leading world oil producers and exporters. Energy Ministers from both countries...
A Russia-Saudi Arabia Oil Production Cut Deal? If this happened, crude prices would jump WASHINGTON – Saudi Arabia and Russia are the leading world oil producers and exporters. Energy Ministers from both countries...
US Economy and Public Finances Deteriorating – Candidates Talk About Something Else The economic foundations are fragile, while the deficit will start growing again. No plan to change any of this WASHINGTON – While we wait with trepidation for the outcome of the Iowa caucuses that will finally begin to...
Major Economic Reforms In Saudi Arabia? Prince Mohammed would like to see quick modernization. It will not happen WASHINGTON – What is going in Saudi Arabia? Probably too much. We have now an odd stew of engineered...