Category: Oil

Prices are up all over the U.S. from this time last year. However, we are still paying far less for gasoline today than we did for most of the last decade.

In the 21st century, an army needs more than food and ammunition. Modern armies need vast amounts of oil to win.

I’m going to tell you a secret about oil. It shows why the oil industry is tanking … and what we can expect from oil prices for at least the next year.

The oil business isn’t shutting down anytime soon. That means these stocks are valuable, even though their shares are plummeting right now.

There is a clear downward trend in the seasonal pattern for this commodity that is set to last until the end of the year.

The collapse of oil prices has convinced many investors that U.S. oil is dead. However, that couldn’t be further from the truth.

The sentiment is nearly unanimous: Oil is expensive to extract, and there’s no way oil companies can make money at $50 per barrel. However, it’s not true.

Three weeks ago, I wrote that the oil sector was screaming “buy me!” What a difference a few weeks makes to the status quo…

The price of corn is heading higher thanks to record heat, lower production estimates and record ethanol production.

The headlines are clear: Oil will never be able to pull out of this bear market. But there are some bullish investors in the market.

Lots of energy stories have a grim outlook. But if anything, the picture for oil prices at $60 or higher by year’s end is only brighter than it was before.

Oil exploration companies are getting pounded by lower oil prices. However, this area of the oil industry is making money.

U.S. net petroleum imports fell under 4 million barrels per day in April and again in May. That’s the lowest point since we began keeping records in 1991.

Engineers didn’t believe fracking would work on oil strata. Fortunately, American petroleum engineers made the leap, and U.S. oil production soared.