Worldenergy Blog

The Oil Price Roller Coaster Picks Up more Speed.

Wednesday, July 20, 2016

Never a dull moment with oil prices

So now that we have seen oil prices recover to the $50 dollar level, we need to look at the drivers that might keep it there or if this is a temporary blip. read more

Is it Donald Trump or Hillary that provides the best Energy Policy?

Tuesday, July 12, 2016

As we head into the Republican and Democrat conventions the two candidates to be anointed are Donald Trump and Hillary Clinton.  Most have taken that for granted over the last few months and the drama of Hillary’s emails and Trump’s bombastic comments have done nothing to change that.

The conventions will address all kinds of issues, recent black on white violence, national security, immigration/illegal immigration and the great wall, gay marriage and the LGBT community, Islamic terrorism (at least on the republican side), climate change and of course the economy.  One topic that is probably NOT going to be addressed is energy.  After all, the price of gasoline is sub three dollars and our power bills are incredibly low, so why would this topic be important. read more

Cultish, Political, borderline Religious but not Science.

Thursday, April 07, 2016

When I was in school we were challenged to think and to question, that until a theory becomes fact we must challenge its validity in what was then called the scientific method.  Some things were fun to debate, like evolution, while others were difficult and required more thought and experimentation.  One thing was always true; science was not a consensus sport.

Consensus is fine for choosing a direction, for accomplishing great tasks and for moving large groups in right direction but it can also produce some devastating results, think Stalin.  Consensus creates a uniformity of thought it works in political parties, cults and religion and gets everyone on the same page, not necessarily the right page.

 read more

IHS CERAWeek, outlining price developments in Oil and Gas.

Monday, February 22, 2016

So who’s fault is it?

Today at IAH’s CERA Week we heard from Mexico that the transition would continue toward a more open oil and power sector and that would lead to prosperity.  One has to assume that prosperity would be achieved by increasing production, probably not good when looking at the current price environment for oil.  According to the President, they will continue with a round of investment offerings for deepwater, they would increase imports of natural gas from the US and they would allow private companies to sell gasoline in Mexico without partnering with PMEX. read more

Data or Dogma

Thursday, December 10, 2015

This week is an interesting week for Climate Change enthusiasts around the world.  We have the meeting in Paris, where an agreement on a Climate Tax scenario is being hammered out among nations and a Senate hearing in the US where the science is being discussed from the other side.

The President of the United States, appearing in Paris, has stated that the climate changing is as big a crisis as Middle East terrorism and the time to act is now.  He seems very willing to commit the developed nations to giving money to the less developed nations under some flag.
 read more

Who's leading on Energy and Climate, Rubio, Cruz, Trump, Florina or someone else?

Tuesday, November 10, 2015

Recently several republican hopefuls running for President have made statements that give us a clue on where they would stand on Energy. The most basic stance, held by all of them, is that they would have approved the XL pipeline, while each of the Democrats have come out and publicly stated that they would not approve the pipeline.  Just about everyone feels that the Presidents decision to not finish the pipeline was politically motivated and reflects poorly on the rule of law in our country.   read more

Ever Wonder Where Hillary Clinton Stands on Energy, we did.

Tuesday, October 13, 2015

Hillary Clinton on Energy
Hillary is a savvy political veteran, and as the Democrat front runner you would expect to see her policies clearly laid out, however, as a savvy political veteran she knows the dangers of doing that and has kept it very light.  However, we have been able to pick up some nuggets that give us an idea on where she stands. read more

Summer Nape Recap, Low Prices, Great Deals, wait for recovery.

Tuesday, August 25, 2015

Summer NAPE 2015 kicked off on Wednesday, Aug. 19 with the NAPE Business Conference sponsored by Cabot Oil & Gas Corporation. Speakers included Arthur W. Gelber, President, Gelber & Associates Corp./Gelber Energy LLC; James C. Manatt, Chairman/CEO, Thrust Energy, Inc.; Christina Kitchens, EVP, Managing Group Director for CTB Energy Finance, and Bruce H. Vincent, former president of Swift Energy Company. Attendees gathered to hear this year’s speakers share their insights and expertise along with their thoughts and predictions about the future of the oil and gas industry.
 
While the speakers were in agreement that the industry continues to battle low oil prices, they also emphasized that now is the best time for oil and gas companies to invest in smart opportunities to come out ahead when oil and natural gas prices eventually rise again.
 
“You will never again be able to buy leases for as low of a price as they are now,” said Manatt. “Companies should allocate their budgets to take advantage of this great return on leases.” read more

Energy policy in today's world of make-believe

Wednesday, August 19, 2015

Does energy policy need to be complicated?

Over the years we have published hundreds of articles from industry CEOs, Presidents, managers, politicians and Energy Dignitaries about energy policy.  You can see a partial list here.  The nuances surrounding the topic are numerous and the policies, for the most part, make sense.  So why can’t our guys in Washington or on the campaign trail get it right?   read more

Renewable Fuel Standards, making your car obsolete and big business happy

Tuesday, July 28, 2015

The RFS, renewable fuel standard woes.

Recently I came across a term that has been widely used to punch holes in the renewable fuel standard, the “blend wall.” Having not paid too much attention to ethanol and its rules I hadn’t come across this before so I decided to take a closer look. read more