If President Donald Trump is not the most significant player in global oil markets today, he’s at least its biggest wild card. Tweets savaging OPEC, U.S. sanctions on Iran and Venezuela, and a precarious trade policy that threatens the health of the global economy can push energ

It hasn’t even been a week, but it’s already apparent that OPEC’s recent move to increase production won’t be enough to curb oil prices from climbing higher. Global benchmark Brent is already driving toward $80 a barrel again, and $90 oil is not out of the question in the

Warnings against protectionism often cite the Smoot-Hawley Act of 1930, which implemented tariffs on more than 20,000 imported goods to boost domestic production during the Great Depression. The legislation failed miserably – prices rose, consumption plummeted and production fell even

Two years ago, then-candidate Donald Trump laid out an “America First” energy plan, stating that under his presidency, “American energy dominance will be declared a strategic, economic and foreign policy goal of the United States. It’s about time.” Making good on that promise two mont

Houston, TX, November 30, 2016 – When OPEC members, led by Saudi Arabia, decided in 2014 to keep oil production high despite a global glut, it sent prices into a tailspin. It’s widely thought the move was intended more than anything to drive as many U.S. shale producers as possi