The Fuse

Oil and the Economy

Economics

Energy Transition Picks Up Steam

China's plans to achieve net-zero carbon emissions by 2060 is the latest high-profile development in the shift away from fossil fuels. Read More

Economics

BP Joins Peak Demand Crowd

BP believes evolving policy, technological advances and COVID-19 mean peak oil demand will be reached in the 2020s—or has already happened. Read More

Economics

U.S. Losing Ground In CASE Race

The U.S. is lagging behind the rest of the world’s major auto markets in the transition to EVs. Read More

Economics

Oil Majors Hit By Major Write-Downs

Behind the billions of dollars in write-downs is a substantially gloomier assumption about the long-term trajectory of the oil market. Read More

Economics

Canada Faces Oil Shut Ins As Prices Drop Below $5

With a barrel of Canadian oil now cheaper than a pint of beer, producers have begun to shut in production. Read More

Economics

The Return of “Peak Demand?” What the Future May Hold for Global Oil

As Coronavirus reignites the global oil demand debate, near-term problems have brought back concerns about the long-term viability of oil and gas. Read More

U.S. Oil and Gas

Congress Eyes Major Program to Clean Up Old Oil and Gas Wells

Plans to clean up abandoned and orphaned oil and gas wells are gaining momentum in Washington. Read More

U.S. Oil and Gas

Biden Takes No Action on Dakota Access. The Story is Not Over.

The administration declined to make a decision on the Dakota Access pipeline in an appearance in federal court on April 9, but the court could instead take action. Read More

U.S. Oil and Gas

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. Read More

U.S. Oil and Gas

Flaring in Permian Back to Pre-Pandemic Levels Even as Pressure for Action Mounts

U.S. oil production remains far below pre-pandemic levels, but methane emissions from the Permian basin are back at pre-Covid highs. Read More

U.S. Oil and Gas

Will Higher Oil Prices Lead to a Return of Reckless Shale Growth?

As oil prices rise, the shale industry assures investors it has learned its lessons. Read More

U.S. Oil and Gas

Texas Grid Crippled by Cold, Permian Production Also Slammed

The brutal cold snap in Texas overwhelmed the state's ill-prepared electricity grid, severely impacting energy production. Read More