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U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever
U.S. ‘’Oil Weapon’’ Could Change Geopolitics Forever In a dynamic that shows just how far U.S. oil production has come in recent years, the U.S. Energy Information Administration (EIA) said on Monday that in the last two months of 2018, the U.S. Gulf Coast exported more crude oil than it imported. Monthly net trade of crude oil […]
Vietnam’s Energy Dilemma Is About To Become A Crisis
Vietnam’s Energy Dilemma Is About To Become A Crisis Vietnam can’t seem to get a break. The country lies just beneath China, its giant neighbor to the north, and shares many of the same socialist ideals that Beijing promulgates. However, Sino-Vietnamese relations have been a source of tension for years dating back to the colonization […]
This Is Just The Beginning Of Europe’s Gas War
This Is Just The Beginning Of Europe’s Gas War In a move that should not surprise energy pundits nor even those that follow geopolitical news in Europe, on Thursday Russian gas giant Gazprom said it’s looking to gain an even larger gas market share in Europe following record-high 2018 exports, as it expects a decline […]
Controversial Nord Stream 2 Pipeline Could Be Operational By November
Controversial Nord Stream 2 Pipeline Could Be Operational By November In what would be an early geopolitical win for Moscow, German news agency DW reported yesterday, citing one of the project’s engineers, that the Nord Stream 2 natural gas pipeline should be operational by November. Klaus Haussmann, an engineer at Nord Stream 2’s future landfall site […]
Natural Gas Skyrockets As China Pledges Huge Supply Boost
Natural Gas Skyrockets As China Pledges Huge Supply Boost With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company said on Tuesday. The company, one of three state-run oil majors, said that it will supply 24.6 billion cubic meters […]
Nord Stream 2 Could Still Be Derailed By U.S. Sanctions
Nord Stream 2 Could Still Be Derailed By U.S. Sanctions The potential for more tensions in relations between the U.S. and Russia continue to mount. Late last week, U.S. Energy Secretary Rick Perry said that Washington could still impose sanctions related to the building of the controversial Nord Stream 2 pipeline, which would bring Russian […]
This Major Cover Up Could Wreak Havoc On Global Oil Markets
This Major Cover Up Could Wreak Havoc On Global Oil Markets The decision facing President Donald Trump is not an easy one, a problem not of his own choosing and one that the politically charged president would rather not have to deal with. To sanction or not sanction Saudi Arabia over the alleged killing last […]
Iran’s Worst Nightmare Is Coming True
Iran’s Worst Nightmare Is Coming True In what must seem like a nightmare scenario for Iran, not only is another U.S. president leveling sanctions against its economy, and particularly that economy’s lifeblood, its oil sector, but the current U.S. president has admittedly made it his mission to drive Tehran to its knees over what he […]
China’s Oil Addiction Is Its Main Weakness As A Superpower
China’s Oil Addiction Is Its Main Weakness As A Superpower For decades, the U.S. was so reliant on foreign crude oil imports that it dictated much of the country’s foreign policy spanning numerous presidential administrations. As far back as the 1970s, especially after the 1973-74 Arab oil embargo that threatened economic survival, foreign policy decisions […]
The Implications Of A Fractured U.S., Saudi Alliance
The Implications Of A Fractured U.S., Saudi Alliance After the resurgence of the U.S. oil industry in recent years due to hydraulic fracking and the shale oil revolution, most thought the days of Middle Eastern oil producers, Saudi Arabia in particular, being able to threaten use of the so-called oil weapon as geopolitical leverage or […]
A New Era Of Geopolitical Risk In Global Oil Markets
A New Era Of Geopolitical Risk In Global Oil Markets Amid never ending talk and speculation over how many more barrels of Iranian oil will be removed from global markets once sanctions slated to hit Iran’s oil production on November 6 take effect, some are claiming that geopolitical factors have driven the market just as […]
Russian Oil Production Hits Post-Soviet Record
Russian Oil Production Hits Post-Soviet Record While there has been no love-loss between the U.S. and Russia in recent years, news coming out of Moscow yesterday was sure to cheer the most ardent Russian naysayers in both Washington and especially the U.S. energy patch. A Russian government official, according to a Bloomberg report, asking to […]
The U.S. Calls On Russia To Cap Soaring Oil Prices
The U.S. Calls On Russia To Cap Soaring Oil Prices As crucial mid-term congressional elections in November draw near, the Trump administration is feeling the heat over higher oil prices. London-traded global oil benchmark Brent breached the $80 per barrel price point on Wednesday, its highest level since May 2. NYMEX-traded U.S. oil benchmark West […]
The U.S. Is The World’s Top Oil Producer, But For How Long?
The U.S. Is The World’s Top Oil Producer, But For How Long? The U.S. Energy Information Administration (EIA) said on Tuesday that the U.S. likely surpassed Saudi Arabia and Russia earlier this year to become the world’s top crude oil producer. The EIA based its disclosure on preliminary estimates in its Short-Term Energy Outlook which […]
This Vital Oil And Gas Choke Point Could Be At Risk
This Vital Oil And Gas Choke Point Could Be At Risk Beijing is taking to task a Pentagon report, ”Military and Security Developments Involving the People’s Republic of China 2018” released last Thursday on China’s military activities. The annual report issued by the Pentagon and presented to Congress, highlights growing Chinese naval capability, all the […]
