As the CEO of an independent oil and gas services company, I often get asked my opinion on the falling price of oil. So I thought I’d go “on the record” here and share a bit of my stance. In a nutshell, my message would be: Don’t Panic. Yes, we’re experiencing turbulence in the
As the year winds to a close, we’re excited to share a graphic that some have called “The Chart of the Year.” Deutsche Bank economist Torsten Slok recently distributed this chart that depicts the explosion in US crude oil production over the last few years. In summar
By banning hydraulic fracturing in the state of New York, Gov. Andrew Cuomo has removed much-needed opportunities for economic growth and job creation from New Yorkers’ grasp. A study commissioned by the US Chamber of Commerce’s 21st Century Energy Institute estimated that the extract
Congress is showing increasing support for lifting the tired and obsolete crude oil export ban. This Thursday, December 11, we’ll be live-tweeting the proceedings from the House Subcommittee on Energy and Power’s hearing, called The Energy Policy and Conservation Act of 1975: Are We P
To William Nordhouse, the world is like a bathtub. The Yale University economics professor isn’t suggesting that our planet is awash in luxurious bubbles or afloat among rubber ducks. Instead, he uses the bathtub analogy to help people understand the integrated nature of the world oil