Consolidation of Shale oil Drillers and Processer. Fewer wildcat drillers bought out by the larger oil producers. Greater interest in financial returns. Fields are maturing, sweet spots dwindle, and greater…

…until late 1991, I’m using spot oil prices for West Texas crude oil (/10 for scale) in the below graphs. In the 1974 oil embargo, in January oil prices increased…

…rent taking by the oil and gasoline industry. Some detail. More at the Oil Price site. “Oil Ignores Escalation, Logs Biggest Weekly Drop Since 2025” Oil and Energy Insider @…

…spill responders and natural resources managers face during a spill is evaluating the environmental trade-offs associated with dispersant use. The objective of dispersant use is to transfer oil from the…

In the previous post, I suggested that speculation is driving oil prices higher than they should be. In this follow-up, I think I can show that oil prices are not…

…on oil shale development moratorium from last May: The Senate Appropriations Committee today narrowly defeated Sen. Wayne Allard’s attempt to end a moratorium related to oil shale development in Colorado….

This is an article by the Washington Post: Oil Price Rise causes Global Shift in Wealth. It looks at how different countries are responding based on whether the oil money…

…by the oil companies. MR. BODMAN: No, it is not. That is a decision—those are—oil is traded every minute of every day, and it’s traded basically 24-by-seven. And it’s, it…

…the exploration and production of oil from oil sands. In his Are the oil companies earning enough profits yet?, he proposes a couple of approaches to the fact that the…

…an oil price war going on. Of course this will tend to cushion the recession for oil consumers. But the US has become a small net oil exporter, and reports…