…Gulf War was a reflection of that reality.” Cheney’s reference to the 1990-1991 Gulf War is particularly revealing. During that conflict, he was the secretary of defense and so supervised…

RJS, Focus on Fracking; Oil prices went on another wild ride, but i’m going to copy what I wrote on the monthly OPEC report here. The oil surplus, albeit small,…

Focus on Fracking: natural gas price at a 33 month high; US crude supplies at a 23 month low; Ida shuts down Gulf Blogger RJS, MarketWatch 666 Oil Prices Oil…

Oil exports drop by the most on record to least since October 2018; global oil shortage at 1.73 million barrels per day, Focus on Fracking, RJS The “global oil shortage”…

Commenter R.J.S.: Record drops in US oil output, US oil exports, distillates’ output on Texas freeze as US burns 15% of natural gas inventories in one week . . US oil data from…

…October Oil Market Report Thursday of this week saw the release of OPEC’s November Oil Market Report, which includes OPEC & global oil data for October, and hence it gives…

by Linda Beale crossposted with Ataxingmatter There’s a tax angle to everything–including the DeepWater Horizon oil spill There’s a tax angle to everything–including the DeepWater Horizon oil spill Oil is…

RJS Summary; Global oil surplus at 710,000 barrels per day in March despite OPEC’s 821,000 barrel per day production shortfall OPEC’s Report on Global Oil for March Tuesday of the past…

…October 22nd indicated that after a modest increase in our oil imports and a modest decrease in our oil exports, we had surplus oil to add to our stored commercial crude supplies for the fourth time…

…Administration for the week ending October 29th indicated that after a modest increase in our oil production and only minor changes to our oil imports, our oil exports, and our refining,…