Archives for 2019
Oil retreats with equities as rally to bull market seen overdone
Oil extended its retreat as investor appetite for risk assets shrank and uncertainty persisted over how much OPEC will need to cut output to counter booming U.S. shale supplies. Source: FuelFix
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Aging coal, natural gas and nuclear sites closing as nation shifts to wind, solar
The United States is expected to lose 8.3 gigawatts of electric generation capacity this year, mostly from the retirement of aging coal-fired and natural gas-fired plants, according to government estimates. Source: FuelFix
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Drilling Down: Permian Basin dominates drilling permit filings in New Year
The Permian Basin of West Texas is starting the New Year on a strong note. Source: FuelFix
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Saudis say OPEC+ oil cuts on ‘right track’ to balance the market
Saudi Arabia’s energy minister has no quarrels with U.S. shale and even sees output cuts by OPEC and its allies as directly aiding American drillers. Source: FuelFix
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Gas drilling up, oil down – rig count stays flat
The tally of rigs drilling for natural gas in the Northeast increased, but oil drilling declined in Oklahoma and the Gulf of Mexico. Source: FuelFix
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