for Oil Prices
Two high-profile pipeline setbacks are part of a broader story in which the winds facing the oil and gas industry are blowing in an increasingly unfavorable direction.
A tighter market could help shale bounce back, but the heady days of aggressive growth-at-all-costs drilling are long gone.
A growing number of analysts argue that the worst is over for oil, but demand remains substantially lower.
Cautious optimism is returning to the oil industry, but prices are nowhere near profitable for the domestic industry.
Oil prices have risen ahead of the next OPEC+ meeting, but OPEC-Russian coordination is far from assured.
A growing number of analysts believe that U.S. production will never again hit recent highs.
Coronavirus and collapsing oil prices have hollowed out budgets of oil-producing countries, raising fears of instability.
Oil's collapse must force a reckoning for Saudi Arabia, which has long relied on oil revenue to hold its economy together.
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.