for Leslie Hayward | @leslietron - The Fuse
The absence of federal policy on autonomous vehicles is now at the point where it’s beginning to be problematic: The state-by-state regulatory patchwork that many stakeholders have cautioned against has materialized.
As the group doubles down on its production cut, questions linger about exit strategy, capability, and size.
Likely with window dressing.
Markets are shrugging off OPEC headlines, with prices weakening and hedge funds liquidating long positions. The cartel may be missing the mark on its stated longer-term goal of stabilizing the market and preventing a catastrophic correction.
With U.S. infrastructure in dire need of investment, lawmakers and business groups make the case for action but differ on approach.
Experts: In the chicken-or-the-egg conundrum between EVs and charging infrastructure, autonomous vehicles are the "rooster." Can regulators keep up?
In a side panel removed from the conference’s primary keynotes, transportation experts laid out a very different vision for the future of mobility, expressing confidence that—at least in urban centers—a shift towards efficient, autonomous, electric vehicles is a matter of when, not if.
Video: Saudi Arabian Energy Minister Khalid al-Falih's Full Comments Before OPEC Ministerial Meeting
Saudi Arabian Energy Minister Khalid al-Falih comments on his expectations for an OPEC deal, cooperation from non-OPEC members, and timelines for market rebalancing.
On Wednesday, look for signs of a credible deal in the form of clear individual country quotas, but real proof that countries are following through with their commitments will take weeks or months to materialize in the export data.
Data for driverless cars won’t be subject to the kind of geopolitical instability, price shocks, or environmental impacts that oil entails. But technical challenges of scaling the world’s data infrastructure to accommodate AVs could still result in disruptions or outages that limit mobility.
The number of EVs that it would take to disrupt 2-3 percent of oil demand would boost global copper demand by 30 percent.
It's common knowledge that oil-rich Gulf states are home to citizens who support terror groups, but a 2014 email between Hillary Clinton and John Podesta hints that the Saudi and Kuwaiti Governments have played a more direct role in recent years.
Right now, OPEC is revealing just how far from dead it really is, and realizing how much it can accomplish with words and meetings alone.
The attack was designed to spark action against climate change, but the only real outcome from the sabotage was creating risk of a massive oil spill.
Industry and government often find themselves in a somewhat counterproductive relationship in which companies aggressively oppose regulations. However, given the newness and many uncertainties around driverless car technology, the need for policy at the federal level has become clear.
Although gasoline prices remain low and total auto sales are down, consumers have significantly increased their purchases of electric vehicles this year.
A number of ARPA-E projects are also dedicated to enabling transportation without oil, such as better batteries for electric vehicles, supportive technologies for natural gas vehicles, and more advanced biofuels.
10 years after Recommendations to the Nation on Reducing U.S. Oil Dependence, the country has seen meaningful improvements in energy security, which continue to grow.
Rystad cautioned that bringing these wells online will depend on the right price signals, but in its analysis the vast majority of DUC wells are economical at as low as $28 per barrel.
If each individual component of Musk’s plan is within reach—or even inevitable, depending on who you talk to—why is it being compared to intergalactic conquest?
The OECD's International Transport Forum introduces a new kind of urban mobility system that would remove 97 percent of cars on the road, and reduce fuel consumption by 30-40 percent.
Fuel economy standards have a significant social benefit relative to their costs. Total industry-wide costs of meeting the MY2022-2025 GHG standards are estimated at $34 to $38 billion. Societal monetized benefits of the MY2022-2025 standards (exclusive of fuel savings to consumers) range from $40 to $41 billion.
Panelists also explored how Silicon Valley will influence the automotive industry, as the tech industry brings its deep pockets and disregard for regulatory structures to bear.
As winner, Columbus will focus on applying a state-of-the-art transportation system towards driving employment and economic growth, while accelerating adoption of electric and autonomous vehicles.
IEA's Laszlo Varro on LNG Oversupply, Changes in Gazprom's Leverage, and the Outlook for Global Shale
What's next for the future of natural gas markets? IEA's Chief Economist Laszlo Varro offers his perspective on energy geopolitics, competition between LNG and renewables, and more.
Smith Electric is the largest electric truck company in North America. CEO John Dixon speaks to The Fuse about the company's growth strategy during the low oil price environment.
Cornelia Meyer, longtime OPEC watcher and CEO of MRL corporation, speaks to The Fuse following the 169th OPEC meeting in Vienna. Meyer addresses OPEC's continued significance even without production targets, the implications for prices, and what to know about the pending Saudi Aramco IPO.
In his first comments to press ahead of the June 2016 OPEC meeting, Saudi Energy Minister Khalid Al-Falih commented on Saudi Arabia's strategy for the oil market. Falih stated that Saudi Arabia also considers the interests of the global economy and non-OPEC producers, that the market is already rebalanced, and expressed concern over the global underinvestment risk.
Upon his arrival in Vienna for the June 2016 OPEC meeting, Iranian Oil Minister Bijan Zangeneh said that the main purpose of this meeting is to appoint a new Secretary General, said that $70 per barrel is his preferred price for oil, said that a combined output cap would not benefit Iran, and said that OPEC had played no role in rebalancing the oil market.
Angolan Petroleum Minister José Maria Botelho de Vasconcelos says that $60 per barrel is a "good" price for oil, and that he will be supporting Nigerian's Mohammed Barkindo as the group's next Secretary General.
Bob McNally of the Rapidan Group addresses rumors ahead of the OPEC meeting, the future of Saudi oil strategy, oil at $50 per barrel, and a renewed era of oil price volatility.
Joe McMonigle of Hedgeye Potomac discusses the changes taking place at OPEC, including the new Secretary General, return of Gabon, and potential for policy changes under Saudi leadership in 2017.
The Oil Minister of the United Arab Emirates, Suhail Al Mazroui, told reporters upon his arrival in Vienna that he is "optimistic" and that they have been seeing the market correcting upwards.
Oil revenues and terror funding have a long history. The Fuse speaks with Thomas Sanderson, Director of the Transnational Threats Project at CSIS, on how oil revenues make their way to terrorist groups, and which countries are responsible.
Tony Posawatz, longtime EV advocate and industry veteran, discusses why autonomous electric vehicles are the future, and what policymakers can do to expedite their adoption.
Tod Hynes, the CEO of XL Hybrids, explains why the company is making hybrid trucks easy and affordable for large truck fleets, and the company's success in developing an advanced hybrid powertrain that is now leading in certain classes of delivery trucks.
As a veteran who served in the War in Iraq, Joseph Kopser, the President of moovel group, has seen what happens when energy policy and national security priorities are not aligned. moovel group is creating a suite of solutions to modernize transit access and create seamless transportation access around the country.
Of all those who stand to benefit from driverless cars, few have more to gain than those with disabilities. Henry Claypool, a longtime advocate for those with restricted mobility, discusses how requiring a licensed driver to operate an autonomous vehicle will prevent the disabled from benefiting from this technology, and what policymakers can do to help.
Avery Ash, Director of Federal Relations for the American Automobile Association, speaks to The Fuse about the safety benefits of driverless cars, and the importance of avoiding a messy patchwork of overlapping state-by-state regulations that would stymie innovation in the transportation sector.
In SAFE’s view, not only will the car of the future not run on oil, it will likely be shared, autonomous, incredibly safe, highly efficient, and better in almost every way than our current transportation system—a vision that the private sector is striving to achieve, but will only be possible with the cooperation of policymakers.
moovel is a payment app that helps users avoid the frustrations of tracking and paying for each individual transit system, and combines many systems into one ticket.
California based startup Peloton Technology has found a straightforward application of early autonomous technology to create dramatic fuel savings for a thirsty trucking industry.
Given the predisposition of German consumers towards consider electric vehicles, the growing popularity of EVs across Europe, and the importance of purchase incentives in driving EV sales, the measure has the potential to spur a dramatic uptick in electric vehicle adoption.
Understanding why 54.5 mpg is a largely symbolic number, why higher truck sales make it easier for automakers to reach their targets, and how automakers are balancing performance with efficiency.
Even as the official talks in Doha collapsed, the discussion of a production freeze between OPEC and Russia helped raise oil prices sufficiently to eliminate the need for a formal agreement.
Experts: Military energy reform efforts not only save money and reduce fuel consumption—they improve the Department of Defense’s effectiveness, and ultimately save lives of American soldiers.
For automakers, increasing public familiarity with semi-autonomous driving technology may be the best way to help consumers overcome initial fears around driverless cars.
Bloomberg has just released an expansive interview following a five hour conversation with Saudi Arabia’s Deputy Crown Prince, Mohammed bin Salman, regarding the country’s strategy over the coming years. Here are the key takeaways.
Is it "the car that will change the world?"
Semi-autonomous driving features like advanced cruise control can impact vehicle efficiency by up to 10 percent, but current regulations don't test for these technologies.
Among other changes to its economy, Saudi Arabia is likely to privatize some of Saudi Aramco's downstream assets within a year, according to Jean-Francois Seznec.
Leif Wenar, in his new book "Blood Oil," explores how an antiquated system governing global natural resources enables tyranny and human rights abuses—and how the tools to move away from this system are easily within our reach.
OPEC's Secretary General said that the "freeze" between certain OPEC and non-OPEC producers is helping to improve prices.
KPMG: Even as national and international oil companies continue to call the shots, oilfield service companies have emerged as the "unsung workhorse" of the oil industry.
As self-driving vehicle technology continues to advance, technology advocates and regulators square off on how to enable broader adoption of these vehicles, while managing safety concerns.
In a major reversal, the Obama Administration switched tactics today on offshore drilling on the Atlantic outer continental shelf (OCS), changing its previously announced plan to allow for bidding on mid-Atlantic OCS blocks during the 2017-2022 planning period.
Investment bank Goldman Sachs has released their latest research note on the current state of the oil market, with price projections and an assessment of four possible paths forward as the oil market seeks to rebalance. Here are some of the top observations from the report.
Is the Hyperloop a transportation revolution waiting to happen, or a pipe dream? As two startups break ground on demonstration facilities, we speak with experts to determine if the Hyperloop is more than a hype machine.
Clinton’s recent comments suggested an anti-fracking approach that is not only generally inconsistent with her previous statements, but also doesn’t align with the authority of the executive branch.
IEA appears to be taking fuel economy standards at face value, and not recognizing the impact of cheap gasoline on consumer behavior.
As distracted driving accounts for an increasing number of accidents, the arrival of fully-autonomous vehicles can’t come soon enough. But there’s a catch: Improper deployment of partially-autonomous vehicles to motorists who are already less focused on the road could have disastrous consequences.
What are the impacts of low oil prices on fuel economy standards, oil price volatility, and the future of American energy? The Fuse speaks with Michael Levi, Senior Fellow for energy and the environment at the Council on Foreign Relations at IHS CERAWeek in Houston, Texas.
What risks do companies trying to enter Iran's oil sector face, and how can the international community respond to financial flows to ISIS? The Fuse speaks with Elizabeth Rosenberg of the Center for a New American Security during IHS CERAWeek in Houston, Texas on issues regarding energy and geopolitics.
Peter Kuhn of AGS explains how his company's technology combines valves and algorithms to transform oil and gas production at the wellhead, reducing wastewater and gas flaring while improving company returns.
Produced water has always been a significant challenge for the oil industry, and it's getting worse as companies push into more challenging oil fields. The Fuse speaks with Jim Matheson, President and CEO of Oasys Water, about the problem of industrial wastewater, and new innovative solutions.
Jeremy Martin is Director of the Energy Program at the Institute of the Americas, and an expert on Latin American energy issues. He spoke with The Fuse at IHS CERAWeek about how low oil prices are changing the oil production landscape in Mexico, Argentina, and Brazil.
Is the oil industry in the midst of just another downcycle, or facing fundamental shifts? The Fuse speaks to Neil Atkinson, head of the Oil Industry Markets Division with the International Energy Association, about the Medium Term Oil Market Report, the Russia/OPEC production freeze, and more.
“It is easy for consumers to be lulled into complacency by ample stocks and low prices today, but they should heed the writing on the wall."
Workers in Houston's oil industry were lured by high wages and good jobs. Now, they are wondering if they want to return to the oil industry when conditions improve.
The European Parliament wants to introduce new laws to crack down on automobile manufacturers. The regulations are in response to the discovery that Volkswagen sold 11 million cars with emissions cheating software. Some in the EU do not think the proposed laws go far enough.
The port at Cromarty Firth in Scotland's North Sea is seeing the effects of falling crude oil prices firsthand, with the largest number of mothballed rigs sitting idled in years. Some of the rigs are operating with small "skeleton crews," waiting for production orders, while others are empty and its unclear if they can be reactivated when prices rise.
One thing we do know is that once the primaries are over, the general election will be largely determined by voters in a small number of swing states—some of which have large energy industries, or are strongly invested on energy issues.
The IMF is the world's de-facto crisis lender. But for oil producers on the brink, the World Bank can offer relief, without the terms or the stigma.
Every year and at nearly every car show, automakers unveil new amazing new technology that is supposed to revolutionize driving. Automobile crashes cost the American economy nearly $875 billion each year, and with low gas prices, it's expected Americans will be driving more miles. At the Washington auto show, policy makers and experts discussed how new technology, especially fully automated cars, will continue to move the industry forward.
There are fewer cars in Berlin today than ten years ago, even as the city's population has increased by over 500,000 people. More car sharing and expanded public transport are just two ways that the city is reducing traffic and vehicle ownership. Self-driving vehicles may be the next stage of this shift.
At the Washington Auto Show, automakers are promoting hydrogen fuel cell vehicles as the future. But simultaneously, Toyota has temporarily halted the sales of its new Mirai fuel cell vehicle in California, because of lack of fueling infrastructure.
Any deal between Russia and OPEC will have to overcome a host of legal, technical, and geopolitical challenges.
Despite the continued oversupply in oil markets, and the risk of snapback sanctions, European energy companies are still expressing high interest in returning to Iran's oil and gas reserves.
Even as low gas prices have pushed consumers towards light trucks and SUVs, automakers are putting a broader range of electric, plug-in hybrid, and hydrogen vehicles on the showroom floor.
The announcement, which has been seen as unusually proactive for a federal agency, focuses on a collaborative approach towards creating a “flexible framework,” that can enable driverless car technology to move forward.
Venezuela gives away roughly one quarter of its oil export revenues, in the form of discounted oil to its regional allies like Cuba. Although Venezuelan officials have promised repeatedly that the country would never end the PetroCaribe program, changing political conditions and low oil prices are shifting the calculus, with sweeping implications for the region.
As carmakers compete in earnest to reinvent themselves as tech-automotive hybrids, a look at which companies combined style with substance at this year's Consumer Electronics Show.
Ten startups competed for first place in a competition to present the most exciting innovation in connected cars, personal transportation, and safety.
The company states that these new systems will enable motorists to “enjoy life to the fullest while avoiding accidents.”
As tech companies push into the automotive space, Toyota emphasizes decades of manufacturing expertise, while pouring billions into building new software and AI systems.
Consumers have lost confidence in what was supposed to be a groundbreaking automotive technology: Clean diesel promised a highly fuel-efficient vehicle with low levels of pollution. Now that the VW's cheating on emissions tests have been revealed, angry customers are turning to electric vehicles to meet their needs.
Since the launch of The Fuse in June, we’ve published over 300 stories, infographics, and videos, commenting on global energy markets as they proceed further into uncharted territory. Here are ten standout pieces.
California’s proposed rules will prevent the full scope of benefits of autonomous vehicle technology, in both safety and fuel savings, from being realized.
Oil price volatility is way up, attracting attention from technical and quantitative traders. But what's the impact on oil prices?
Many integrated oil companies remain well positioned, but a price on carbon is unlikely to be welcomed in the current environment, where low oil prices have put the industry on its heels.
Nigeria depends on oil exports for more than 60 percent of state revenue and more than 90 percent of export earnings. But with petroleum trading around $40 a barrel, plummeting oil prices have crippled public finances.
Cornelia Meyer speaks with The Fuse about OPEC's 168th meeting, the oil market outlook for 2016, and the underinvestment risk as a result of today's low prices.
Despite the oversupply in the global oil market, members did not agree to any supply cut at its meeting on Friday in Vienna, as the group is continuing with its Saudi-led strategy of fighting for market share, agreed upon last year, instead of throttling back to shore up prices.
Yasser Elguindi of Medley Global Advisors discusses the outlook for OPEC and oil markets, with comments on how global oil inventories will continue to build, the potential for heightened geopolitical risk, and how structural demand increases have been built into the market.
Neil Atkinson of Lloyd's List Intelligence explains oil market uncertainties surrounding U.S. production, Iran's return to the oil market, Indonesia's return to OPEC, and the potential for a return to the individual country quota system.
Jamie Webster discusses the 2016 oil price outlook, the global underinvestment risk, and why nothing has changed about Saudi Arabia's strategy in spite of the rumors.
Minister Zangeneh comments on Iran's desire to see a long-term strategy for OPEC, and the country's production outlook for 2016.
When asked if Iraq would participate in a production cut, Minister Adil Abdul Mahdi stated, "we will meet and see."
In Caracas, Venezuelans are unable to purchase food, antibiotics, or other basic supplies, as the collapse in oil prices has bankrupted the country's economy. Experts argue that even the decision to end domestic fuel subsidies could play a significant role in alleviating the country's dismal fiscal outlook.
Keisuke Sadamori, IEA's Director for Energy Markets and Security, discusses current oil market dynamics and energy security risks.
In an exclusive interview, Brad Templeton of Singularity University discusses the many ways that an autonomous vehicles will transform our lives, and the ways we consume energy.
Cold weather can disrupt energy production and transportation, cause unpredictable demand spikes, and bring geopolitical issues to the fore. Here's what to expect during this El Nino year.
This year, Americans have driven more miles and consumed more gasoline than any time since 2007, according to U.S. government data. While the economic recovery is helping to boost demand, low oil prices are encouraging motorists to drive more, and purchase less fuel efficient vehicles.
Increasing volumes of crude oil shipments are passing through Canada, but communities adjacent to railroad tracks are concerned about the safety of that transport, especially following the tragic 2013 disaster in Lac Megantic, Quebec. We take a look at how regulators and industry are responding.
Bob Gates and T. Boone Pickens discuss the oil market implications of Russia establishing itself in the Middle East.
Where it once saw risks, IEA's latest report takes a perspective of calm complacency about an extended period of low oil prices.
In an effort to combat congestion and smog, Los Angeles is sponsoring an electric vehicle carsharing program for low income areas, hoping to take over 1,000 cars off the road.
As the Volkswagen scandal has taken the shine off of Clean Diesel, we take a look at how the big three German automakers are employing different strategies to create the car of the future. More than ever, companies are finding that next-era mobility will come from vehicles that are electric, autonomous, and networked into the sharing economy.
Elon Musk's biographer discusses how the famed entrepreneur is pushing the boundaries of innovation, and creating a new role model for Silicon Valley.
Admiral Dennis Blair, Former Director of National Intelligence and Commander in Chief, U.S. Pacific Command, discusses how his military career led him to the conclusion that ending oil dependence was a critical goal for improving national security.
Much has changed since the 1973 embargo brought the U.S. economy to its knees. But our dependence on oil as a single transportation fuel remains the same.
The GM veteran argues that drivers have much to gain from a shared business model underpinning a new age of autonomous mobility.
With the fall in prices of crude oil, workers are being laid off—especially in the shale patch. It's a short term strategy which may have a long term costs for the industry. The Fuse spoke with Bently Johnson, a Texas oil worker who recently lost his job and is not optimistic about the future of the oil industry.
In our latest update to the State of the Electric Vehicle Sales Infographic, we look at various facets of the U.S. market: Monthly sales, cumulative sales, market share broken down by model, the status of infrastructure, and fuel prices compared to gasoline vehicles.
McKiernan discusses how oil creates a burden for the U.S. military, the importance of oil revenues in supporting Saddam Hussein's regime, and how oil remains critical for rebuilding Iraqi society.
Every day, 46.9 million barrels of oil flow through the world’s oil transit chokepoints: Narrow channels along widely used sea routes. The security of these lanes is critical—the global economy relies on the safe passage of ships through these passes.
Jeb Bush has rolled out a domestic energy policy focused on cutting regulations and enabling exports of U.S. crude oil and natural gas.
Uganda has delayed construction of a major oil production facility until 2020, citing low prices as the reason for the delay. The East African nation wants to build refineries and pipelines for crude oil exports, but Ugandan officials say more time is needed to negotiate key infrastructure projects.
Critics of hybrid, hydrogen and plug-in electric vehicles have pointed to clean diesel as a common-sense solution that environmentalists were ignoring for ideological reasons. The only problem is that Volkswagen had to cheat to sell them in the U.S.
Introducing The FuseCast: Royal Caribbean President and COO Adam Goldstein on Oil and the Cruise Industry
We explore how Royal Caribbean acquires fuel, efficiency measures for the cruise industry, ship hydrodynamics, and how tiny air bubbles are having a meaningful impact on fuel consumption.
In Colorado's Front Range, a battle is heating up between local opponents of fracking, and industry and local government who assert that drillers have the right to operate.
U.S. gasoline demand is at near-record highs. With VMT and sales of light duty trucks at their highest points in history and rising at record rates, we could soon be burning more gasoline than ever.
Energy innovation is providing the military with better and more resilient equipment, while saving lives and money in the process.
Live From Brussels: Russia, Ukraine, and the European Union Seek to Settle Differences on Gas Supplies
Winter is coming, and with it, the threat of another Russian shutoff of gas supplies to Ukraine.
North American crude oil producers are not cash flow positive, and haven’t been since the beginning of the shale boom. With oil prices set to stay low, here's how the sector will rebalance itself.
A slight downtick in 2014 doesn't change the overall trend: In the past decade, spending on gasoline has risen disproportionately compared to average incomes and overall consumer spending.
Oil prices and the stock market have a complex relationship, which has grown far closer in the years following the financial crisis.
With some 25 percent of Russia's economy supported by oil and gas revenues, the fall in energy prices has had dismal impacts on the country's economic outlook. For every $1 drop in oil prices, Russia's economy is estimated to lose $1 billion in revenue, meaning the country has lost an estimated $50 billion in budget revenue over the past year.
Despite Canada's abundance of energy resources, the future of its energy strategy is unclear.
As oil prices head towards $30 per barrel, oil companies are forced to use layoffs, asset sales, capex cuts, and debt in order to survive.
To avoid the up-front costs of installing electric vehicle charging stations, while adding convenience for drivers, FreeWire and Siemens are pioneering portable charging stations that bring EV charging right to the customer.
Gazprom has announced the estimated cost of the Turkish Stream Pipeline, which could provide Russian gas to Europe without passing through Ukraine. Kristine Berzina, energy expert at the German Marshall Fund, discusses the implications.
Autonomous vehicles have captured our imaginations for decades. Although everything from space rovers to farm combines are already autonomous, the public highway is the final frontier for driverless machines. Now, auto manufacturers and tech companies are betting big on the future of autonomous cars, and competing to make them a reality.
Senator Portman (R-OH) discusses bipartisanship in energy policy, oil price volatility, and what the shale oil and gas boom has brought to his home state of Ohio.
SAFE announced the winners of its 2015 Energy Security Prize at an event in Charleston, S.C., awarding a total of $175,000 to three companies whose innovations are poised to advance American energy security by helping to end the United States’ dependence on oil.
As more and more automakers offer hydrogen fuel cell vehicles, Feature Story News takes a look at what's driving initial adoption in the Bay Area.
We have much to gain from an autonomous transportation system, but technology, regulatory frameworks, and public acceptance must all progress simultaneously to streamline the transition.
Diesel has been the de-facto fuel of the trucking industry for decades, but more and more companies are finding that switching to natural gas can pay dividends in a short period of time.
The Iran nuclear deal has sweeping implications for oil markets, reigniting tensions within OPEC, contributing to global oversupply, and potentially encouraging Iran's regional rivals to pursue nuclear weapons of their own.
Electric vehicle sales and market snapshot for June 2015.
Between China, Greece, Iran, and U.S. shale, oil prices are likely to fall in the second half of the year.
Marco Giuli, Energy expert at the European Policy Center in Brussels, discusses how an exit of Greece from the Eurozone could influence commodity markets and oil prices.
The pipeline would provide Russian gas directly to Turkey via a route through the Black Sea, cutting out Ukraine.
Romano speaks to The Fuse about the urgency of moving forward on alternative fuels, and what his company is doing to ensure hydrogen vehicles fit seamlessly into people's lives.
McLarty discusses the central role of energy in domestic and foreign policy, and explores the American love affair with SUVs.
The proposed rules, which are supported by the trucking industry, would trim an estimated 1.8 billion barrels of oil consumption between 2019 and 2027, and save $170 billion in fuel costs.
VIDEO EXCLUSIVE: Emboldened by the recent success of a protest, Seattle-based environmental activists took to kayaks in an effort to delay the deployment of Shell's Polar Pioneer Arctic drilling rig.
Cornelia Meyer, CEO of MRL Corporation, tells us what OPEC's decision means and why it could ultimately lead to sky-high prices in the near future.
International media has descended upon OPEC's Vienna headquarters to cover the group's meeting, despite no anticipated change in the group's oil production quota.
Olly Barrat reports from inside OPEC headquarters.
Olly Barratt sums up what we've learned at day two of the OPEC International Seminar in Vienna, including the news of Indonesia's intention to rejoin OPEC as a full member.
Yasser Elguindi, Macro Oil Strategist at Medley Global Advisors, speaks with us about the winners and losers of the battle for market share, and risks to alternative transportation systems from low oil prices.
Nobuo Tanaka, former Executive Director of the International Energy Agency, speaks to us about the inevitability of oil price volatility, disruptive transportation technologies, and parallels between OPEC and the fallen Habsburg Empire.
Olly Barrat speaks with OPEC Secretary General Abdalla S. El-Badri, UAE Oil Minister Suhail Mohamed Al Mazrouei, and Secretary General of the International Energy Forum, Dr. Aldo Flores-Quiroga
Following bullish statements about the power and resilience of U.S. shale oil production, Ryan Lance, CEO of ConocoPhillips, answers questions about the U.S. crude oil export ban, breakeven prices for shale producers, financing availability, and innovation in the oil patch.
In this video, Smil discusses the award, public misconceptions of OPEC’s market power, and the oil price volatility.
In an exclusive, Indonesia's Oil Minister announces the country's plans to rejoin OPEC as a full member
Ollie Barrett sums up the most interesting remarks and what we've learned from our first day here at the OPEC International Seminar
What you missed from the Global Energy Outlooks session from the OPEC International Seminar.
Neil Atkinson is Head of Analysis at Lloyd's List Intelligence. In our interview, he breaks down his projections for the oil market balance through the remainder of the year, and the likelihood of downside price risks.
Olly Barratt speaks with Abdul Hussain bin Ali Mirza, Bahrain's Energy Minister, about his views on the near-term oil market balance.
Maria van der Hoeven, Executive Director of the International Energy Agency, speaks with Ollie Barrett about Saudi Arabia's solar ambitions and the supply/demand balance of the global oil market.
The Fuse Live from Vienna: Bob McNally on OPEC’s Internal Tensions, Black Swans, and a Thirsty World
In an interview from the 6th OPEC Summit, Bob McNally shares his views on what’s next for oil prices, U.S. shale producers, and global demand.
Jamie Webster shares his views on why oil analysts flock to Vienna for every OPEC meeting, even when a change in the group's production quota is rarely expected.
Oil industry expert Bob McNally explains the history of OPEC, the limitations of U.S. shale as swing suppliers, and why we should expect a return to extreme oil market volatility.
What are the most pressing questions for this week's Vienna OPEC meeting?
Robert Wescott, President of Keybridge Research, presents an economic theory of cartel behavior to better understand how market share has determined OPEC's historic influence over global oil prices.
Far from being a blessing—oil wealth can prop up dictatorships, slow economic development, and prevent government transparency.
Without spending taxpayer dollars or imposing sales mandates, government can completely transform the EV ecosystem, according to a new report from the National Academy of Sciences.
Senator Heitkamp outlines an aggressive energy policy strategy that emphasizes free trade, domestic production, and fuel diversity.
Swings in gasoline prices appear to have an exaggerated impact on consumer behavior: car buyers always seem eager to believe that low gasoline prices are here to stay.
John Hannah, former national security advisor to former Vice President Dick Cheney, articulates the national security challenges of oil dependence.
Against a backdrop of project cancellations in China and Poland, Argentina could be in the early days of the first shale oil boom outside of North America.
Thanks to ISIS attacks, Libya’s already beleaguered oil industry has seen physical damage to rigs, pipelines, and storage facilities.
If electric vehicles need cost and performance parity with conventional vehicles to compete, it only means one thing: We need better batteries.
Due to the increasing integration of operational technology systems, the oil and gas industry is more vulnerable to cyberterror than ever before.
Consumers may be enjoying the current low prices, but as oil companies are steadily pushed into more and more challenging geological and political environments, they should probably enjoy cheap fuel while it lasts.
Arun Majumdar explores the role of government in spurring energy innovation, and why venture capital has shied away from energy investment.
In designing the Volt, GM decided that we could make a better vehicle, displace more petroleum, and establish ourselves as technology leaders.
For every barrel of oil produced here in the U.S. there are roughly 7-10 barrels of "produced water" a toxic substance that is nearly impossible to treat.
Slowly but surely, new reports are chipping away at the belief that millennials are the first American generation with a preference not to own a car.