The Fuse

Oil and the Economy

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

Economics

A Return of Fuel Subsidies Follows Rise in Oil Prices

The return of fuel subsidies in several emerging market countries may keep oil demand growth on track, muting the price effect on consumer behavior. Read More

Economics

Permian Bottlenecks, Labor Constraints Force Shale Companies to Look Elsewhere

With the Permian possibly falling short of expectations, the U.S. shale boom may not be the panacea to keep prices relatively low at a time OPEC is restraining supply and geopolitical risks threaten more supply disruptions. Read More

Economics

China Races for Arctic Dominance

Unrestricted access to Arctic sea routes will further link China’s developing economy with some of the world's most advanced markets, including the United States, Canada, and Norway. Read More

Economics

Oil Industry Cautious Ahead of Mexican Presidential Election

The frontrunner in Mexico's upcoming election, Andres Manuel Lopez Obrador, fervently opposed the historic energy reforms when they were passed several years ago. Read More

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

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

Oil and the Economy

Industry Panel Emphasizes Continued Global Energy Demand Growth; Investment Needs

As "Peak Demand" has faded from the industry dialogue, international oil companies examine how to meet growing global energy demand while keeping prices low. Read More