by Archived Author | Dec 8, 2019 | Articles, Economic Affairs News, Opinion
When the United States became a net oil exporter in November 2019, nearly 75 years of energy dependence on dubious regimes came to an end. It happened without buzz or fanfare, but the geopolitical consequences are earthshaking. Shale Oil and Natural Gas The impetus...
by Leesa K. Donner | Jan 7, 2018 | Trending Now, Trump Administration
You just have to hand it to the president. When he does something, he goes big. Such is the case with an ambitious plan announced by the Department of Interior this week which proposes to open up 90% of the U.S. coastline to offshore drilling. And if the Yanks are...
by Andrew Moran | Dec 20, 2017 | Economic Affairs News
The recent U.S. shale-oil revolution did not subside in 2017. The surging crude production this year earned the nation the industry nickname Saudi America, as it’s surpassing the Middle Eastern oil kingdom as the world’s second-largest producer of Texas Tea. And most...
by Andrew Moran | Aug 17, 2017 | Economic Affairs News, Featured News and Analysis
Black gold, Texas tea, Bubblin’ crude. Whatever you call oil, the world is awash in it right now, and this is putting pressure on two key aspects: crude prices and the Organization of the Petroleum Exporting Countries (OPEC). The primary factor that affects both...