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New cracks have emerged in the U.S. oil boom, thanks to the crash in prices orchestrated by OPEC. U.S. oil production is down seven straight months and recently dropped below the 9 million barrel mark for the first time in nearly two years. ‘; for...

Under the desert in eastern Saudi Arabia lies Ghawar, the largest oil field in the world. It has been famously productive, with a per-well flow rate of thousands of barrels per day, owing to a combination of efficient water injection, good rock permeability...

Quote of the Week Exxon Mobil and climate change spin: “This could open up years of litigation and settlements in the same way that tobacco litigation did, also spearheaded by attorneys general. In some ways, the theory is similar — that the public...

By John Mauldin “Formula for success: rise early, work hard, strike oil.” –  J. Paul Getty This week’s yuan devaluation was big news, but it’s really part of a much bigger saga. Events around the globe are combining to create huge economic change over...

HANGIN’ IN THERE: Six months after OPEC triggered a steep drop in oil prices across the globe, U.S. shale producers have proved resilient. By Rob Nikolewski │ Watchdog.org The global oil landscape changed dramatically about six months ago when the...