FROM THE OIL PATCH

The Real Reason Big Oil Is Refusing To Boost Production
HEADLINES OF INTEREST

The Real Reason Big Oil Is Refusing To Boost Production

Over the last couple of weeks, a stand-off has been developing between President Joe Biden and shale oil and gas producers in West Texas. As soaring gas prices add pressure to cash-strapped United States residents already feeling the pressure of inflation, the economic strain is reflecting poorly on the Biden

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Why U.S. Shale Won’t Go To War With OPEC+

Why U.S. Shale Won’t Go To War With OPEC+

For years, the Kingdom of Saudi Arabia’s economy has suffered from low oil prices. Since 2014 when it increased supplies to try and break American shale producers, Saudi Arabia has had to struggle with a flooded market. Its cash reserves have been drawn down by hundreds of billions and it

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WEEKLY UPDATE
ANALISIS & INSIGHTS

Preston Pipe Report – Nov 2021

(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – Our projected line pipe shipments for 2021 will represent the lowest line pipe volume in

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