for Low Oil Prices
A growing number of analysts believe that U.S. production will never again hit recent highs.
Oil's collapse must force a reckoning for Saudi Arabia, which has long relied on oil revenue to hold its economy together.
Oil prices are starting to climb, but supply shut ins mean the pain is not yet over.
The demise of Chesapeake is a fitting bookend to the latest chapter of U.S. shale.
With demand for oil slumping worldwide, global storage could be full by June.
Ironically, the U.S. policy of economic pressure on Iran may turn a global catastrophe into a moment of opportunity Tehran hopes to exploit.
In addition to oil, energy dominance should harness the diversity of fuels the United States has to offer and use them all to power our transportation sector.
More than half of U.S. wells are set to become uneconomic as oil prices continue to slide—and American oil workers will bear the brunt.
The negative prices are an anomaly, related to the expiring contract in May. But the meltdown also reflects a ruinously oversupplied oil market.
OPEC+ agreed to the largest cuts in history, but oil prices barely moved in response.