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

Offshore Oil Faces Uncertain Future

Even in the medium-term, the interest in offshore drilling is looking shaky. Read More

U.S. Oil and Gas

Shale Growth Faltering As Financial Problems Mount

Chesapeake Energy's financial woes suggest the shale revolution is running on fumes. Read More

U.S. Oil and Gas

Natural Gas Glut Drags Down Prices

Amid record production and swelling stockpiles, natural gas prices have sunk this year. Read More

U.S. Oil and Gas

The Shale Boom Shows Signs Of Slowdown

Rising U.S. production has helped oil markets shrug off the Abqaiq attack - but the days of booming domestic output may be coming to an end. Read More

U.S. Oil and Gas

U.S. Oil Production Slows As Problems Mount for Shale Industry

Taken together, the long run of explosive U.S. shale growth is likely coming to an end. Read More

U.S. Oil and Gas

The Failure of History: How Oil Has Entered a Brave New World

Past experience can offer some guidance, but by every indication the global oil industry is heading into a new age, with unpredictable consequences. Read More