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US Troops Seen Blocking Russians From Syrian Oilfields In Series Of Dangerous Standoffs

US Troops Seen Blocking Russians From Syrian Oilfields In Series Of Dangerous Standoffs Yet another dangerous incident has played out between American and Russian forces operating in Syria in what appears a series of standoffs near key oil installations since Saturday. “This is the third incident that occurred within a week,” one local reporter told VOA in an alarming […]

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Could ISIS Take Control Over This Large Iraqi Oil Field?

Could ISIS Take Control Over This Large Iraqi Oil Field? As always, it’s the fear of sanctions that provides the leverage Trump seeks in this cat-and-mouse game with Iran. And this time, the leverage is over Iraq, which would like to see both American and Iranian forces out of the country, for obvious reasons.  There […]

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Pentagon Confirms: Tanks & Additional US Forces To Deploy At Syrian Oil Fields

Pentagon Confirms: Tanks & Additional US Forces To Deploy At Syrian Oil Fields Less than 30 minutes after President Trump tweeted early Friday, “Our soldiers have left and are leaving Syria for other places, then…COMING HOME!” — Defense Secretary Mark Esper confirmed prior reports that the Pentagon will indeed leave behind a small military presence to include “mechanized forces” at “the oil fields”. As […]

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Old Fields Die Hard

Old Fields Die Hard Oil is setting up for a turbulent year. In an industry that is always full of contradictions, 2018 has been a particularly complicated and divisive year for the global oil markets–and it looks like it won’t be letting up any time soon. For months, the Organization of Petroleum Exporting Countries (OPEC) […]

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JODI Data and Giant Field Depletion

JODI Data and Giant Field Depletion I am starting this post off with a news article because it explains why JODI has U.S. production numbers wrong for July. No, U.S. Oil Production Probably Didn’t Rise in July The Joint Organizations Data Initiative (JODI) releases monthly oil supply-and-demand data for about 80 countries, which it gathers by directly surveying the […]

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ISIS Burn Iraqi Oil Fields To Hold Off Iraqi Offensive

ISIS Burn Iraqi Oil Fields To Hold Off Iraqi Offensive Thick black smoke billowing from oil wells northeast of the city of Tikrit is obstructing Shi’ite militiamen and Iraqi soldiers attempts to drive ISIS from the Sunni Muslim city after militants set them on fire. Reuters reports a witness and a military source said Islamic State fighters […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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