Oil War within OPEC crushing prices – #PeakOil

By Keith Kohl | Tuesday, January 12, 2016
Strange things are afoot in the House of Saud lately.
Perhaps the most mind-boggling of them all was the recent news that the country is considering a public offering of Saudi Aramco.
If you’re scratching your head as to why this is such a … http://www.thecherrycreeknews.com/oil-war-within-opec-crushing-prices/ #Energy, #Oil, #OilPrices, #PeakOil

Oil Market Outlook 2016 – Consumption

An oil recovery is inevitable.
Now, it certainly isn’t easy to hold onto that outlook for some people, especially in the aftermath of OPEC’s (and by “OPEC’s,” I mean Saudi Arabia’s) decision to maintain output levels. The group also failed to agree on a p… http://www.thecherrycreeknews.com/oil-market-outlook-2016/ #BrentCrude, #Energy, #EnergyPrices, #Oil, #OilPrices, #PeakOil

#Fracking – The British Ban

After watching the economic success of hydraulic fracturing in shale fields throughout the United States, many energy executives wanted to translate that success to other parts of the world.
But none more so than Lord Browne, the former chief executive for BP, who, in 2007, left the post and… http://goo.gl/FuylYb #Britain, #Energy, #Fracking, #PeakOil, #UK

A New Normal in oil prices?

Pundits were pleased this morning.

After three straight days of falling oil prices, fortunes reversed and prices started to climb.
And when I say climb, what I really mean is that prices started the slow, painful hike up the mountain.
See, these market commentators were ecstatic over a measly… http://goo.gl/v3Av6t #Energy, #Oil

OPEC Revenue Cut in Half


Oil Stimulus Money
According to AAA, retail gasoline prices this week averaged $2.477.
That’s the first time gasoline has been under $2.50 since 2009. By January, it could be as low as $2.25 for a gallon of regular.
This comes at a time of the year when middle-class Americans and… http://goo.gl/NkTwtz #Energy, #Oil, #PeakOil, #Russia