The U.S. Energy Information
Administration (“EIA”) released its Short-Term Energy Outlook
(“STEO”) on May 12, 2020, but noted that it was subject to “heightened levels of uncertainty because
the effects on energy markets of mitigation efforts related to the 2019
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Tell Me Somethin’ Good
According to Oil & Gas 360’s article originally from
CNBC entitled, Oil
prices may now be at a bottom after historic OPEC deal, US energy secretary
says, “[o]il prices are down more than 55% year-to-date, having experienced
the worst…
“Agreement in Principle” on OPEC Production Cuts?
The Organization of the Petroleum Exporting Countries
(“OPEC”) and other countries including Russia may have reached a tentative
agreement during its virtual meeting today to temporarily cut a significant
volume of production; however, at the last-minute, Mexico did not approve…
Crude Oil Prices and Prices at the Pump
This morning, I noticed that the
price of gasoline at the pump was $1.77 per gallon. To put that in perspective, when I first
started driving, I remember the price being around $2.02 per gallon…
How does the price of…
U.S. DOE to Purchase Crude from Small to Midsize Producers
In the wake of crude oil price’s
recent plunge, the United States Department of Energy (“DOE”) has announced
that it will fill the Strategic
Petroleum Reserve (“SPR”) to its maximum capacity by purchasing 77 million
barrels of American-made crude oil. …
What is Going on With OPEC??
There have been many changes
recently, but one of the changes on the forefront of my mind has been “what is
going on with OPEC”? It feels like a
major shift has happened with The Organization
of the Petroleum Exporting…
Wyoming’s Oil and Gas Resources Summarized as we Start the New Decade
This month, the Wyoming State
Geological Survey issued the Oil and Natural Gas Resources in Wyoming
January 2020 Summary Report. A free
copy may be downloaded here. The report assesses where the Cowboy State
is, and forecasts where it…
A Change in the Winds: EIA Forecasts Bump in Renewable Energy for 2020
Did I Miss Something? What Happened in the Energy Sector in the Rockies Around the Holidays
Returning to work after the holiday season may have left many of you wondering if you missed anything important while you were in a cookie-induced holiday slumber.
Here is a short summary of some key items that happened in the…
It’s a Wrap: New Outlooks for 2020
Many of us have the end of the year and the end of the decade on our minds: wrapping up projects, working to close deals and matters, and striving to end the year on as high of a note as…