The events of the last several months have been unprecedented. A global pandemic and oil price war unfolding at precisely the same time.
Rewind to 2019. Production was at an all-time high in the United States, but signs of a weakening global economy and demand and looming downward pressure on...
The COVID-19 pandemic will leave not only short-term, but also long-term, scars on the oil market. Even though the world is currently facing what is arguably the largest oil glut ever recorded, the tables will turn dramatically in coming years. The lack of activity and investments currently planned by...
Most people are experiencing uncharted territory during this unsettling time of industry insecurity and economic instability. Even further troubling is how these stressors catalyze havoc on our bodies. While social distancing guidelines can go a long way toward protecting us from contracting COVID-19 or any infectious disease, keeping our...
As the number of COVID-19 cases continues to mount, many Americans may be considering where to go for care if they develop potential symptoms. One important — yet potentially overlooked — resource is telehealth, which may enable people to connect 24/7 with a health care provider via a digital...
The Texas Railroad Commission (RRC) met in open conference on Tuesday, May 5 and put the idea of prorating Texas crude oil production to bed for good. An order to implement proration prepared by Commissioner Ryan Sitton was withdrawn and never acted on, with Commissioner Sitton proclaiming, “proration is...
In light of Saudi Arabia’s and Russia’s current attempts, as well as those of their corporate and government-sponsored accomplices, to kill the American oil and gas industry, it’s important for Americans to be reminded of — or be told about for the first time — what their home-grown energy...
As the digital revolution continues and boomers in the energy sector prepare to retire, the race to stay ahead of your competitors in the war for talent has never been more heated. Where recruiting top talent is already seen as a challenge, utility companies can find themselves fighting against...
Bakken Shale – North Dakota/MontanaThe May 15 Bakken rig count stood at 17, down from 52 in early March.During its May 11 earnings call, big Bakken pioneer Continental Resources told investors that it was cutting its May production levels by 70% due to depressed prices and low demand.Hess Corp....
Tom Pyle and IER: Punching Above Their Weight for Energy
When a person hears the term “think tank,” the mind naturally turns to politically-oriented entities like the Brookings Institute, the Cato Institute, Harvard University’s Kennedy Center and the Hoover Institute at Stanford. Those institutions and many others formulate policy positions...
Over the past few decades, fiction writers and filmmakers have amassed an impressive array of apocryphal predictions, some not unlike the current coronavirus outbreak. In “Contagion,” Oscar-winner Steven Soderbergh presciently outlined a series of events bearing resemblance to COVID-19. Though the severity of the virus in the movie exhibited...
