The Future of OPEC+

The Future of OPEC+

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The UAE’s decision to play hardball at the most recent OPEC ministerial and OPEC+ meetings in early December was based on three factors. First, it believes that amongst the winners and losers of the OPEC+ deal first agreed in April, it belongs firmly in the latter category, given that...
power grid
Blackouts and Power Grid: The Looming Energy Crisis in America The Washington Post recently published an article warning of a summer of blackouts and a wheezing power grid that leaves states at risk. However, this issue is not new, as under-investment in new baseload capacity and reliance on unreliable and...
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This issue’s focus on women in business got me thinking about my own experience with this subject during a 37-year career in the oil and natural gas industry. To say things have changed during that time would be a great understatement, though work remains to be done. I came into...
The Biden Administration’s Emerging Environmental Overreach: What the administration lacks in restraint on the climate agenda it makes up for in brazenness.
Each year, Congress launches dozens of investigations into issues, industries and individuals. These investigations, which are undertaken by the various congressional committees through which Congress conducts most of its official business, are subject to almost no limitations. As long as a congressional committee is duly authorized and acting within...
brush fire
The Empire State’s new governor, Kathy Hochul, wants to establish her environmental bona fides. So, what better way to get it done than to jump on the natural gas banning bandwagon as the first state to officially surrender to this absurdity?New York metro voters, after all, know no more...
In early January 2011, I took office as Texas’s newest Railroad Commissioner. From that vantage point, it appeared the industry’s major problem was a lack of production to meet demands for oil and gas, in large part sparked by the hostility of the Obama administration towards fossil fuels. The...
One of the many outcomes of the COVID-19 pandemic is that the cost of shipping crude oil overseas has collapsed. According to a report in the Wall Street Journal today, the average price for chartering oil tankers has fallen by 77% since March as a result of the massive cuts in supply in response to the crash in oil prices.
These are extraordinary and unprecedented times for the oil patch. The world is awash in crude oil from the only-recently paused price war between Russia and Saudi Arabia. That supply glut has been combined with a massive demand drop as economies around the world have been shut in and shut...
LA set to end fossil fuel production
As part of its climate strategy, Los Angeles agrees to curb, and eventually end, its fossil fuel production. California is seen as a leader in renewables. However, it continues to have a high oil and gas output, supplying energy to the rest of the country. Finally, California, LA in...
The Texas Legislature Will Address a Big Agenda During its 2020 Session
The Texas Constitution requires the Texas Legislature to convene in Austin on January 12, 2021 at noon. Staying with their constitutional obligations, legislators must pass a two-year state budget and apportion the districts for Congress, State Board of Education, Texas Senate and House of Representatives seats as part of...
The Permian and the Eagle Ford: In the Lead Again
The 87th Texas Legislature has concluded its regular session. It started slowly with many members and their staff not even coming to the Capitol due to the COVID pandemic. SHALE Magazine reported on the top issues leading into session and lawmakers despite the slow start. It largely addressed all...