OilPrice.com

Top 12 Media Myths On Oil Prices

Leave a Comment / Oil / By

The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here.

There are a lot of meetings with engineers, chemists and geologists. There’s a constantly evolving learning curve. And then there’s all the regulations and compliance. But all-in-all it’s pretty straight forward, that is, until the media gets a hold of it. That’s when it becomes complicated. It’s as though we are getting reports from the mysteries of the deep ocean or life in the great galaxies beyond. There is so much hyperbole and unsupported guesswork that investors don’t have a chance. So, in a small effort to set the record straight, let’s see if we can’t dispel some of the misinformation.

Top 12 Media Myths On Oil Prices Read More »

Argentina-oil

Can Argentina Capitalize On Its Vast Shale Reserves?

Leave a Comment / Oil, South America / By

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the nation has never been far from energy investors’ minds. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

Can Argentina Capitalize On Its Vast Shale Reserves? Read More »

Will Oil Return to $100 or Drop to $10?

Leave a Comment / General / By

If you have been following the price of oil over the last few months, chances are you’re a little confused. On the one hand, you have the likes of A. Gary Shilling who, in this Bloomberg article, loudly trumpets the prospect of oil at $10/Barrel, and on the other hand there is T. Boone Pickens, who, at the end of last year was predicting a return to $100 within 12-18 months.

Will Oil Return to $100 or Drop to $10? Read More »

Map Saudi Arabia

Driving Down Oil Prices Just to Hurt Russia is “Simplistic”

Leave a Comment / Oil / By

In the global chess game of energy politics every move affects more than a single opponent and the effects of low oil prices are not equally distributed. Some countries will be hurt by low prices more than others. Who will lower oil prices hurt more, Russia, Syria, Iran, Venezuela… the U.S. ? In today’s article, Andrew Topf of Oilprice.com looks at some of the background and cause and effect of lower energy prices.

Driving Down Oil Prices Just to Hurt Russia is “Simplistic” Read More »

Falling Oil Prices

Oil Price Tumbles After OPEC Releases 2015 Forecast

Leave a Comment / Oil / By

Oil prices are falling and that is good for consumers as their daily heating and transportation costs fall. It also benefits producers as a small company could easily save $100,000 a year in energy costs. If you multiply that by the number of businesses in the country you can see the staggering effect lower energy prices can have on the economy. But not everyone is happy about falling energy prices. Many conventional energy and alternative energy producers require oil prices to be above $70/ barrel in order for their business models to remain in the black. And all of the OPEC countries except two require higher oil prices in order for them to balance their countries budgets. So although oil prices are low now it may not last.

Oil Price Tumbles After OPEC Releases 2015 Forecast Read More »

Scroll to Top