The Fuse

Oil and the Economy

Economics

Oil-Producing Countries Could See Trillions in Revenue Losses From Energy Transition

Petrostates remain ill-prepared for the global energy transition, and could see a budgetary gap of $9 trillion over the next two decades. Read More

Economics

Report: Structural Bull Market For Commodities Coming

Underinvestment, fiscal stimulus and a weaker dollar could form the foundation for a commodity super-cycle. Read More

Economics

Energy Transition Picks Up Steam

China's plans to achieve net-zero carbon emissions by 2060 is the latest high-profile development in the shift away from fossil fuels. Read More

Economics

BP Joins Peak Demand Crowd

BP believes evolving policy, technological advances and COVID-19 mean peak oil demand will be reached in the 2020s—or has already happened. Read More

Economics

U.S. Losing Ground In CASE Race

The U.S. is lagging behind the rest of the world’s major auto markets in the transition to EVs. Read More

Economics

Oil Majors Hit By Major Write-Downs

Behind the billions of dollars in write-downs is a substantially gloomier assumption about the long-term trajectory of the oil market. Read More

U.S. Oil and Gas

Shell Loses Court Case, Exxon Loses Board Fight in Stunning Rebuke For Big Oil

In a stunning blow to a company not used to losing, activist investors have claimed two seats on the board of ExxonMobil. Read More

U.S. Oil and Gas

California Becomes First to Try to Wind Down Oil Production

Although relatively modest in scope, California Governor Gavin Newsom's plan to phase out oil production in the state is groundbreaking in political significance. Read More

U.S. Oil and Gas

Congress Eyes Major Program to Clean Up Old Oil and Gas Wells

Plans to clean up abandoned and orphaned oil and gas wells are gaining momentum in Washington. Read More

U.S. Oil and Gas

Biden Takes No Action on Dakota Access. The Story is Not Over.

The administration declined to make a decision on the Dakota Access pipeline in an appearance in federal court on April 9, but the court could instead take action. Read More

U.S. Oil and Gas

U.S. Shale Steps Up Drilling, But Production Rebound Uncertain

Drilling returns to the shale patch as oil prices rise, but it remains to be seen if this activity will result in production. Read More

U.S. Oil and Gas

Flaring in Permian Back to Pre-Pandemic Levels Even as Pressure for Action Mounts

U.S. oil production remains far below pre-pandemic levels, but methane emissions from the Permian basin are back at pre-Covid highs. Read More