From the daily archives: Friday, May 12, 2017

Goofy weather since January that was showing signs of global warming or climate change. All it is showing me that we are in a weather cycle changed that we have experienced several times after the dinosaurs were long gone no matter what Al Gore or his mad scientist  tells you. The crazy cycle we are […]

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Can OPEC find love and happiness and balance in a world full of shale? The OPEC report is out. OPEC is getting ready to double down on production cuts as they raise their forecast for U.S. shale oil output.  This is unprecedented for the cartel to not only comply with cuts but maybe extend them […]

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Oil Futures Settle Up

On May 12, 2017 - 7:14 AM By

[George Orwell, DTN Energy Reporter] New York Mercantile Exchange spot-month oil futures settled higher Thursday for the second straight day during a follow-through rally spurred after the Energy Information Administration reported a big decline in U.S. crude oil supply Wednesday that eased concerns about an oil supply surplus and on bullish reports from the Organization […]

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