Industry Insights & Opinions – Page 3

Energy Market Assessment: Pent-up demand paint a bright, positive future

October 29, 2024

(Oil & Gas 360) – While Very Nice, Warmer-Than-Normal Dominating Is Minimizing Oil & Natural Gas, Cold Air & Pent-Up Demand Paint A Bright, Positive Future. Despite Tropical Storm and Hurricane conditions temporarily disrupting moving oil, a growing economy setting stock market record highs is also evident in YOY growth resumed in demand for the petroleum that fuels prosperity-producing movement. Growth,

Note on the news: Isolationist, no, populist, yes

October 28, 2024

(Oil & Gas 360) – After the fall of the Iron Curtain the Council for Foreign Relations (CFR) embraced the concept that the world would be run by a group of benign democracies forevermore as a basis for foreign policy. It was a fantasy; the world did not work out that way – it is a dangerous place with wars

How to prepare the “Largest machine in the world” for AI

October 28, 2024

(Oil & Gas 360) – As Artificial Intelligence (AI) expands to potentially revolutionize every aspect of human existence, the expected electrical demands required by the power devouring technology in its earliest stages present a formidable planning and financing challenge for utilities and other power plant developers. The so-called electrical boom, the result of everything from growing economies and populations, cloud computing

Energy Market Assessment: Mild temperatures are minimizing oil & gas demand

October 22, 2024

(Oil & Gas 360)- While delightfully mild temperatures are minimizing oil & natural gas demand, prices, and expectations, infrastructure trends are bullish. Most of the summer was warmer than normal, and two devastating Hurricanes encouraged those convinced using fossil fuels has mankind heading to disaster, adding to the many disaster predictions that have already failed. Only five Summer weeks were cooler

FREE MONEY WORKS! Majors, independents diverge on Inflation Reduction Act

October 21, 2024

(Oil & Gas 360) – After two years of industry opposition to the $740 billion Inflation Reduction Act (IRA), touted by its proponents as the single largest effort by the U.S. government to promulgate a federal-level climate change investments and tax credit policy, several of the country’s largest oil companies are finding elements of the law so attractive that they are

Friday fuels focus: Falling prices continue

October 18, 2024

(Oil & Gas 360) – Anyone spending any real-time driving on American highways the last five months had the pleasant surprise of falling gasoline and diesel prices, both down compared to this time in 2023. Both fuels saw a price spike in the spring with the onset of the summer driving season, but prices have been in a slow, steady decline

Gas overhang awaits winter, oil storage solid

October 16, 2024

(Oil & Gas 360) – The seemingly unending downward pressure on domestic natural gas prices isn’t getting much relief, given October storage numbers, according to the Energy Information Administration (EIA). October is routinely known as the start of injection season for increasing natural gas inventories ahead of winter. The agency shows current storage to be over 175 billion cubic feet (BCF)

Needed: A bold surprise

October 15, 2024

The focus of Israel’s Defense Forces has shifted from the confrontation with Hamas in Gaza to Israel’s northern border with Lebanon where Hezbollah has attacked Israel with missiles for months and displaced thousands of Israelis from their homes.

Energy Market Assessment: Awareness of the economy and energy markets greatly reduced

October 15, 2024

Energy Market Assessment: The high level of lack of understanding and the greatly reduced awareness of the economy and energy markets are providing much opportunity.

Energy Market Assessment: The latest data on America’s employers says we are not in a recession or heading to one.

October 8, 2024

(Oil & Gas 360)—Energy Market Assessment: The latest data on America’s employers shows that we are not in a recession or heading toward one. More prosperity-producing ingredients are needed. Last Tuesday, the Bureau of Labor Statistics Job Openings and Labor Turnover (JOLTs) report showed that the number of non-farm job openings increased by 329,000 in August to 8.040 million (Figure 1,

Energy policy behind EU falling behind- Draghi - oil and gas 360

Energy policy behind the EU falling behind- Draghi

September 24, 2024

(Oil & Gas 360) – Energy policy was cited as a significant reason for the growing gap in global competitiveness between the European Union (EU) and its rivals China and the United States in a 400-page report to the EU released earlier this month. The report was submitted by Mario Draghi, who was prominent in the EU for nearly

The Presidency- Harris and Trump energy policies in stark contrast

September 9, 2024

(Oil & Gas 360) – Energy policy is likely to be among the topics debated on Tuesday, September 10, between Kamala Harris and Donald Trump in their competition to become the next President of the United States. A few topics clearly show a divergence between the two candidates. While the Harris for President campaign site does not offer specific

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