Opinion

East Coast governors wrong to oppose Trump’s plan for seismic testing in Atlantic

If you care about our nation’s economy and jobs, now is not the time to oppose seismic testing in the Atlantic Ocean. Yet that is precisely what several East Coast governors have done in an effort to block oil and natural gas exploration and production on the U.S. Outer Continental Shelf. Those who disparage seismic testing ignore […]

Actually, 2018 Was a Pretty Good Year

The year 2018 will be deplored by pundits as a bad year of more unpredictable Donald Trump, headlined by wild stock market gyrations, the melodramas of the Robert Mueller investigation and the musical-chair tenures of officials in the Trump administration. The government is still shut down. Talk of impeachment by the newly Democrat-controlled House of […]

Could Perennials solve the oil industry’s looming skills gap?

If you’re in any way involved in the recruitment of technical and engineering professionals for the oil industry you’re sure to be familiar with these terms. These various generational cohorts all have their own contributions to make to the industry as we face ‘The Great Crew Change’. But now there’s a new cohort that could […]

Here comes 2019

Thanks for the memories, 2018. It’s been, uh, interesting. Surely, 2019 has to be better… right? Right? Better knock on wood again. As the hustle and bustle of the holiday season begins to wind down, many are taking the time to reflect on what transpired in 2018 and ponder what may lie ahead in 2019. […]

By December 31, 2018 0 Comments Read More →
LAWSUIT ABUSE IS RUNNING RAMPANT IN LOUISIANA

LAWSUIT ABUSE IS RUNNING RAMPANT IN LOUISIANA

Across America, the abuse of our civil justice system is tearing at the fabric of our communities. We’ve all heard of impossible — but true — examples of rampant lawsuit abuse. Lesser known, however, is the extent to which the cost of judgments, settlements and legal fees are impacting America’s families and businesses. The costs […]

By December 26, 2018 0 Comments Read More →

Landmark step for transatlantic energy security

Today’s announcement that leading Polish utility Polish Oil and Gas Company (PGNiG) will sign its second long-term take-or-pay contract with a US company in just a month is significant news for transatlantic energy security, global climate security and the viability of the U.S. liquefied natural gas (LNG) model. Since the advent of the U.S. shale boom, […]

By December 21, 2018 0 Comments Read More →

Alternative Facts About OPEC & U.S. Shale From The Wall Street Journal

Posted in The Petroleum Truth Report on December 19, 2018 The Wall Street Journal’s recent editorial “How America Broke OPEC” shows that even high-quality journalism is susceptible to the contagion of alternative facts. It is a propaganda piece about how the underdog U.S. oil industry miraculously rose from the ashes and kicked OPEC’s ass…   Click Here […]

By December 20, 2018 0 Comments Read More →

Russia has Highest Capex on Crude and Natural Gas Projects in Former Soviet Union Over Next Seven Years, says GlobalData

Russia accounts for more than 90% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the Former Soviet Union (FSU) over the period 2018–2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘H2 2018 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream […]

By December 18, 2018 0 Comments Read More →

For One Week in November, the U.S. Was a Net Exporter of Crude Oil and Petroleum Products

During the week ending November 30, 2018, the United States exported more crude oil and petroleum products than it imported for the first time in weekly data going back to 1991. From November 24–30, the United States exported an estimated record 3.2 million barrels per day (b/d) of crude oil as well as an estimated […]

By December 17, 2018 0 Comments Read More →

Alberta energy lunacy furthers downward spiral. US should watch carefully

Earlier this month in Canada, the Albertan provincial government made a nearly unprecedented decision to mandate a cut in oil production on their producers in a desperate attempt to boost the extraordinarily low price of oil in the region. The last time this was tried was in 1980, but the move was to protest federal energy policies, not […]

By December 14, 2018 0 Comments Read More →