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Category: Oil

US oil rig count climbs for 4th straight week

  • Posted on: February 10, 2017
  • Under: Oil
  • With: 0 Comments
REUTERS/Ismail Zitouny The count of active oil rigs in the US rose again this week, by eight to 591, according to Baker Hughes.  The count, up for a fourth straight week, is more than 80% higher than the low reached in…continue reading →

Oil companies are ignoring the huge threat from electric vehicles

  • Posted on: January 21, 2017
  • Under: Oil
  • With: 0 Comments
Reuters Recently, I gave a presentation on the future of energy to an audience of about 250 oil and gas professionals. Halfway through, I asked the carbon crowd to, “Raise your hand if you have driven an electric vehicle.” It…continue reading →
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