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.
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?
Venezuela’s Problems Mount, Output Continues to Fall
The crisis in Venezuela's energy sector is accelerating as creditors are laying claim to the few remaining productive energy assets in the country.
Iran Sanctions to Loom Over Oil Markets for Months, Possibly Years
The goal of the United States is to gradually restrict Iranian crude exports over time. The toughest sanctions on Iran’s oil trade, energy sector, and Central Bank will be re-imposed on November 5.
Our expectations and standards regarding safety will need to be tailored to the use cases those vehicles are designed for—many of which will be less sophisticated than we’ve been led to expect. Read More
President Trump’s tweet Friday morning shifted the debate about rising gasoline prices, the effects on American consumers, and OPEC’s role in the global oil markets. Read More
The Saudis continue shifting its goals for where oil prices should be. The Kingdom is now signaling that it wants to increase prices to $80-$100 per barrel in order to enhance the valuation for its planned initial public offering. Read More
The cancellation of the Trans Mountain Expansion pipeline would significantly hurt Alberta's oil sands producers, which are struggling with midstream constraints and large discounts for their crude. Read More
The oil industry continues to struggle despite prices rising and expectations for strong earnings reports. Energy stocks in the S&P 500 declined by 6.6 percent in the first quarter. Read More
Even though India’s vision of an all-electric future is bumping up against reality, the country is moving in the right direction to diversify its car fleet as population grows and the demand for oil rises faster than in any other market. Read More