The Fuse

Oil and the Economy

Economics

Battle Between Ethanol and Refiners Reaches Stalemate

The current zero-sum battle between corn states and the biofuels industry and oil refiners is not new, but it has exploded into a fierce fight over the past year as the EPA cracked open the door to a weakening of the RFS. Read More

Economics

No Surprises: Analysts Say Oil May Hit $150   

It’s not inevitable that oil prices will hit $150, but there should be no surprises if they rally to that level, or higher. Read More

Economics

OPEC Is Dead, Long Live OPEC+

There once was a time when OPEC did not need to rely on outside producers to achieve its policy goals. That time has passed. The old OPEC is dead, and OPEC+ now stands in its place. What will its reign bring? Read More

Economics

Brent-WTI Spread Narrows, For Now at Least, as North American Supply Tightens

The latest on oil prices: The forces that helped drive WTI and Brent apart have suddenly reversed course. Read More

Economics

Trump, OPEC, and the Oil Market's Razor Thin Spare Capacity

The oil market could be sorely tested in the second half of the year and into 2019, unless demand slows, OPEC outages are less than expected, or non-OPEC producers such as the United States, Canada, and Brazil produce higher than forecast. Read More

Economics

China Drives Gas Consumption, U.S. Drives Supply

Together, Australia, Qatar, and the U.S. will account for 60 percent of global LNG capacity by 2023. Meanwhile, China will dominate demand growth going forward, importing increasing volumes of LNG to replace coal-fired electricity and coal-burning furnaces. Read More

U.S. Oil and Gas

Oil Goes Negative. What Does it Mean?

The negative prices are an anomaly, related to the expiring contract in May. But the meltdown also reflects a ruinously oversupplied oil market. Read More

U.S. Oil and Gas

Texas Explores Return of Rationed Oil Production

The crisis affecting the U.S. oil industry has reached the point where some drillers are now requesting the Texas state government step in to regulate production Read More

U.S. Oil and Gas

From High to Low: Could U.S. Shale Production Stall in 2020?

As the EIA reports record U.S. oil production figures, a variety of demand-side concerns mean this growth may stall in 2020 Read More

U.S. Oil and Gas

Doubts Surface On U.S. Shale And Energy Independence

Considered the heartland of the U.S. shale revolution, signs are emerging that production in the Permian Basin may be peaking. Read More

U.S. Oil and Gas

Shale Slams on Brakes As Financial Stress Deepens

Amid weaker demand and chronic oversupply, U.S. shale is facing fundamental questions about its longevity. Read More

U.S. Oil and Gas

Shale Forecasts Run the Gamut

Talk of a global oil glut in 2020 is predicated on supply growth in U.S. shale—but predictions of shale's increases vary wildly. Read More