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,…

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…

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,…

…Global Oil for May Tuesday of this week saw the release of OPEC’s June Oil Market Report, which includes details on OPEC & global oil data for May, and hence it…

…to indicate that our total working supply of oil from net imports, from storage, and from oilfield production was 418,000 barrels per day less than what our oil refineries reported…

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…