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for Low Oil Prices

Activists Call for Action on the Permian “Climate Bomb”
A new report warns that if left unchecked, emissions from the Permian could hit the administration's climate targets.

Oil Market Tightens, Pushing Up Prices
After the energy crunch caused natural gas, coal and metals prices to spike, analysts believe oil will be next.

Risk of Saudi Oil Policy Shift Could Rise in 2022
As peak demand becomes more obvious and decline sets in, the major producers of OPEC+ could see their incentives shift and potentially set off a scramble for market share.

White House Struggles to Square Climate Goals and Gasoline Prices
The White House wants to slash greenhouse gas emissions in half by 2030. But asking the OPEC+ cartel to pump more oil seems to undercut those aspirations.

Delta Drags Down Oil, But Lack of New Supply Keeps Prices From Crashing
Oil prices have sunk as concerns grow about the Delta variant.

In Wake of Losses to Oil Majors, Path Forward Remains Unclear
Exxon's board reshuffle has sent shockwaves through oil companies, as a new era of corporate scrutiny beckons.

Biden Suspends Leases in ANWR, But Supports Other Arctic Drilling
ANWR leases have been suspended by the Biden administration, but new production will move forward in the NPR-A.

IEA Says No New Oil And Gas Projects Needed in Call for Phaseout
In a bombshell report, the International Energy Agency states that the world must stop new fossil fuel projects immediately to hit net-zero emissions by 2050.

Bakken Production Erodes as Industry Looks Elsewhere
The recovery seen in the Permian has not yet extended to the Bakken, as it struggles with higher costs and stagnant production.

U.S. Shale Steps Up Drilling, But Production Rebound Uncertain
Drilling returns to the shale patch as oil prices rise, but it remains to be seen if this activity will result in production.