Our Blog

Shale Gas Not a Revolution

In a recent article entitled “Shale Gas is not a Revolution”, Art Berman quickly makes his case before moving on to a number of other natural gas related issues. He provides a brief history of natural gas in the U. S., the challenges facing the industry, and where he sees the market going in the… Read More

A Matter of Perspective

Our perspectives, and consequently, our interpretation of events, can vary due to various factors. A recent article in “Rigzone” points out how they are affected by time and economic interest.  The World Petroleum Council sponsors the World Petroleum Congress every three years.  The gathering includes all the stakeholders in energy markets, regardless of political or… Read More

Traders Bet Big on Shale

The big international oil trading firms bridge the gap between producers and consumers. To do so, they devote resources to intelligence, gathering systems, processing plants, and terminals.  Operating on a global scale, they are not going to deploy assets in areas in which they do not foresee long term opportunities.  According to a recent article… Read More

Myths and Misconceptions

Last month, writing in “Oil Voice”, Art Berman sought to contradict an article on the Wall Street Journal’s editorial page entitled “Lessons from the Energy Export Boom”. While some of the details have changed since that time, it is helpful to reiterate Berman’s points which debunked some industry myths and misconceptions. While we like to… Read More

McKinsey’s Shale Forecast

A recent article in “World Oil” offered a summary of consulting firm McKinsey Energy Insight’s (MEI) “North American Shale Outlook”. MEI’s forecast assumes oil prices ranging from $60-$70 per barrel from 2019 onward.  At these prices the firm projects that shale related drilling and completion activity will increase by 20% per year through 2021.  Concurrently,… Read More