Our Blog
RTRE Receives 2016 NALTA Award
Russell T. Rudy Energy has been awarded the National Association of Lease and Title Analysts’ Corporate Sponsor award. As a long-time supporter of NALTA we are grateful for this recognition and look forward to a mutually beneficial relationship for many more years to come. NALTA is the professional organization that represents the lease and… Read More
Peak Oil
The International Energy Agency (IEA) is the energy advisor to the 28 nation Organization for Economic Co-operation and Development, the world’s most advanced economies. The Agency publishes a number of reports and frequently comments on developments in global markets. However, it’s most strategically significant, and often controversial, publication is its annual “World Energy Outlook”. In… Read More
Season’s Greetings!
The staff of Russell T. Rudy Energy, LLC, and Imperial Oil Company gathered at Del Frisco’s Steak House in the Galleria area of Houston to celebrate 2016 and the holidays. While this year has been eventful to say the least, with $50 oil and $3.50 natural gas, it is ending on a positive note. Our team,… Read More
Goldman’s Take
“World Oil” reports that investment banking firm Goldman Sachs, sees a positive, but limited, price response to production cutbacks. Goldman cautions that recent higher prices will stimulate additional U. S. shale oil production which will cap prices. Nevertheless, the firm anticipates that OPEC and non-OPEC (NOPEC) production cuts, in conjunction with increased global demand, will… Read More
Price Drivers
In a recent article in “Oil Voice”, author Andreas de Vries points out recent oil forecasts that have been wrong, explores the reasons why, offers an alternative approach, and then uses it to make his own projections. After the oil price collapse of 2014, many observers expected domestic shale oil production to drop dramatically. This… Read More