US Oil and Gas Sector Hit Hard By Virus, Price War By Paolo von Schirach – WASHINGTON – Sadly, coronavirus is here in America. All the restrictions announced and feared...
The Economic Damage Of Coronavirus By Paolo von Schirach – WASHINGTON – The spreading coronavirus epidemic has already created an enormous challenge for the...
Keystone Pipeline Is Dead – The Triumph Of Politics Getting more oil from Canada would have enhanced US energy security WASHINGTON – Now it is official. President Obama announced that he is against the proposed Keystone pipeline that would...
Lift The US Oil Export Ban It makes no sense to keep an energy trade restriction created at the time of the OPEC oil embargo WASHINGTON – At the time of the first OPEC oil embargo (1973-74), in an attempt to protect shrinking domestic...
THE US Shale Industry Survived Oil Prices Collapse High cost producers managed to increase productivity WASHINGTON – When oil prices suddenly collapsed, going from $ 100 per barrel to $ 50 or less, the almost...
Oil Is King, For Now Renewable energy is not yet economically viable. But its day will come WASHINGTON – In an interview with FORTUNE magazine, Chevron CEO John Watson argued that, whatever the oil prices wild...
Keystone Pipeline Would Improve US Energy Security Sadly, this pipeline linking Canada and Texas may not be approved. US energy policy is prisoner of ideology WASHINGTON – Is The US State Department (read President Barack Obama) going to finally authorize the Canada to the US...
Saudi Arabia Wants To Kill US Shale Oil The Saudis bet that high cost US shale oil industry will not be able to survive a prolonged period of low prices WASHINGTON – Saudi Arabia’s oil end game is to let prices fall and stay low for as long as...
Low Oil Prices Is The Only Bit Of Good News For Most Western Countries Let's celebrate cheap gasoline. But let's find ways to grow our economies, whatever the price of oil will be WASHINGTON – Western financial and business publications are now celebrating the collapse of oil prices. This unexpected Christmas gift is...
Keystone Pipeline Killed By Plunging Oil Prices? Canada's oil is very expensive. Hard to to stay competitive when extraction costs are above market prices WASHINGTON – I suspect that the Keystone pipeline project is dead, or at least is in a coma. And...