…our oil imports and our oil exports due to Hurricane Ida, we needed to withdraw oil from our stored commercial crude supplies for the fourteenth time in sixteen weeks, and…

…BP held oil spill videos for weeks. More PhotosOn May 1, 11 days after the Deepwater Horizon oil rig exploded, and nine days after oil began spilling into the Gulf,…

…22, 2020 – 3:16pm Wednesday of this past week saw the release of OPEC’s June Oil Market Report, which covers OPEC & global oil data for May, and hence it…

…is not how much oil is in the ground. Rather, the question is at what price can this oil be extracted. The reason most of this oil is still there,…

…the 1979 oil shock, oil consumption jumped to 6% of GDP. For comparison, in 2004 oil consumption was 2.2% of GDP (imported oil was 1.27% of GDP). On the above…

Focus on Fracking: US oil price at a 7 year high; largest US oil inventory build in 7 months; global oil shortage at 2,400,000 barrels per day as OPEC output…

…of “unaccounted for crude oil” from demand to supply, a concurrent drop in our oil imports meant we still needed to pull oil out of our stored commercial crude supplies…

…1. Promote domestic oil and gas production at any cost to reduce America’s dependence on unfriendly foreign suppliers, thereby increasing Washington’s freedom of action. 2. Keep control over the oil…

…OPEC’s Monthly Oil Market Report “The Latest US Oil Supply and Disposition Data from the EIA”  Monday of this week saw the release of OPEC’s September Oil Market Report, which covers…

…the rest of the 240 million tonnes of carbon emitted over the facility’s first 35 years in operation, half has been sold to various oilfield operators for enhanced oil recovery,…