U.S. oil production reached new heights in 2024, surpassing 2023's record of 12.9 million barrels per day
Technological advancements and strategic infrastructure investments drove production growth
The achievement strengthens U.S. energy security while meeting global demand amid geopolitical tensions
Despite ongoing concerns about global economic volatility, energy transition policies,...
U.S. shale gas production shows a first-time decline, raising questions about future output stability.
Decreased profitability from low gas prices has led to a significant drop in active rigs, impacting shale plays.
The Energy Information Administration (EIA) forecasts modest rebound potential for U.S. natural gas in 2025.
The Shale...
Discover how presidential policies impact U.S. oil drilling by analyzing rig count data across the last four administrations.
Learn how oil prices, technological advancements, and global demand influence drilling activity more than political affiliation.
Understand why record oil production in recent years doesn't always align with high rig...
Extreme Weather Increases Demand – Cold temperatures and reduced wind power output are driving higher reliance on natural gas.
Supply Constraints Tighten the Market – Storage withdrawals and production disruptions are reducing available supply.
Record LNG Exports Impact Prices – Strong global demand, especially in Europe and Asia,...
Robert Howarth's study claims LNG has a 33% larger emissions footprint than coal over 20 years, but its assumptions are controversial.
The debate centers around methane’s short-term potency vs. its lower concentration and quicker breakdown compared to CO2.
Industry experts argue that Howarth's conclusions are based on worst-case...
Renewed focus on fossil fuel investments under Trump’s administration
Potential cuts to federal climate funding and clean energy tax credits
Changes anticipated for oil and gas, LNG exports, and renewable sectors
The energy sector surged the day after Donald Trump’s 2024 presidential victory, with the Energy Select Sector SPDR...
Defining Energy Independence: Exploring the differences between zero imports and energy surplus.
Consistent Energy Surplus: How U.S. energy independence has grown under both Trump and Biden administrations.
Global Energy Interdependence: Why zero imports are impractical in today's globalized energy markets.
The idea of U.S. energy independence remains a hot...
OPEC+ controls nearly 50% of global oil production and 70% of proven reserves, giving it immense market power.
U.S. is the world’s top oil producer, but OPEC decisions still impact U.S. oil markets and prices.
Even small changes in OPEC’s production strategy can significantly affect global oil prices...
Misleading Reports: Claims that the Biden Administration has fully replenished the Strategic Petroleum Reserve (SPR) are inaccurate.
Current SPR Levels: Despite some purchases, the SPR remains significantly below pre-2022 levels.
Understanding the Confusion: A misinterpretation of DOE statements has led to widespread misinformation.
On July 29, multiple news outlets...
Are oil companies truly receiving billions in government subsidies, or is this a misleading narrative?
What’s the difference between a tax break and a direct government subsidy?
How do oil companies contribute to the economy, and who really benefits from these policies?
Let me state up front that I...
