Category Archives: Oil

WTI Drops Back Below $68 After Big Gasoline Build, Small Crude Draw

WTI Drops Back Below $68 After Big Gasoline Build, Small Crude Draw | Zero Hedge https://www.zerohedge.com/news/2018-08-08/wti-drops-back-below-68-after-big-gasoline-build-small-crude-draw Re-posted from Zero Hedge. Geoff Geoff Comments: Everyone watching for effects on oil by the ongoing trade war…

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PetroChina did not fare well after reaching $1 trillion in market cap

PetroChina did not fare well after reaching $1 trillion in market cap https://www.cnbc.com/2018/08/02/petrochina-did-not-fare-well-after-reaching-1-trillion-in-market-cap.html?recirc=taboolainternal Re-posted from CNBC. Geoff Geoff Comments: That was when oil was $140/barrel, today @ $68/barrel, PetroChina is less than 20% of what it was once valued at…

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Welcome to the ‘Man Camps’ of West Texas

Welcome to the ‘Man Camps’ of West Texas https://www.bloombergquint.com/businessweek/2018/08/07/welcome-to-the-man-camps-of-west-texas#gs.7WedX_8 Re-posted from BloombergQuint. Geoff Geoff Comments: Housing for workers in the current shale oil boom is big business…

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Uncertainty Grips Troubled Pemex, World’s Most Indebted Oil Company

Uncertainty Grips Troubled Pemex, World’s Most Indebted Oil Company | Wolf Street https://wolfstreet.com/2018/08/06/uncertainty-grips-troubled-pemex-worlds-most-indebted-oil-company/ Re-posted from Wolf Street. Geoff Geoff Comments: Yes, it is scary…

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Was Aramco’s IPO Destined To Fail?

Was Aramco’s IPO Destined To Fail? | Wolf Street https://wolfstreet.com/2018/08/01/was-aramcos-ipo-destined-to-fail/ Re-posted fromWolf Street. Geoff Geoff Comments: The possibility of an IPO ended when someone said, we’ll need to audit Aramco’s oil reserves…

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Coke, Meth, And Booze: The Flip Side Of The Permian Oil Boom

Coke, Meth, And Booze: The Flip Side Of The Permian Oil Boom https://www.zerohedge.com/news/2018-07-30/coke-meth-and-booze-flip-side-permian-oil-boom Re-posted from Zero Hedge. Geoff Geoff Comments: There is no denying the dark side of the oil boom…

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3 Things Happening Right Now That Could Wreak Havoc On The Economy

3 Things Happening Right Now That Could Wreak Havoc On The Economy https://www.zerohedge.com/news/2018-07-26/3-things-happening-right-now-could-wreak-havoc-economy Re-posted from Zero Hedge. Geoff Geoff Comments: Trade, Oil, & Weather; three elements that can mess up any industrial economy…

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Oil prices could hit $200 a barrel if US and Iran go to war

Oil prices could hit $200 a barrel if US and Iran go to war https://www.cnbc.com/2018/07/23/oil-prices-could-hit-200-a-barrel-if-us-and-iran-go-to-war.html Re-posted from CNBC. Geoff Geoff Comments: The answer is, of course, don’t go to war with Iran…

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Energy Group: Highest-Ever U.S. Crude Oil and Natural Gas Liquids Production

Energy Group: Highest-Ever U.S. Crude Oil and Natural Gas Liquids Production https://www.breitbart.com/big-government/2018/07/21/energy-group-highest-ever-u-s-crude-oil-natural-gas-liquids-production/ Re-posted from Breitbart. Geoff Geoff Comments: We are making advances to energy self-sufficiency…

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The Permian Is Banking On These Key Pipelines

The Permian Is Banking On These Key Pipelines | Zero Hedge https://www.zerohedge.com/news/2018-07-13/permian-banking-these-key-pipelines Re-posted from Zero Hedge. Geoff Geoff Comments: The lack of sufficient oil pipelines is creating problems for US production/supply…

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