The Energy Report

Even though the U.S. is now the biggest oil and gas producer in the world, we are not totally immune to oil disruptions in what is a global marketplace.

The Saudis want at least $70 a barrel for Saudi Aramco's IPO. And they really prefer $80 a barrel. If President Trump decides to lift sanctions on Iran, then it looks like the Saudis will be forced to delay its IPO yet again. 

The U.S. Strategic Petroleum Reserve sale shows just how strong the U.S. energy market is.

Size matters in the global oil markets.

One thing to remember about all of this predicted doom and gloom is the last time Brent crude dipped into bear market territory, it was a lot closer to the bottom than the top.

The Dow booked its fourth straight session of losses. The Nasdaq and S&P 500 had their fifth straight session of losses.

If the Fed cuts rates, it could increase what you pay for gas and even impact the cost of goods.

Drone shoot downs and seized tankers escalate in the Strait of Hormuz.

The bottom line is the growth in U.S. energy has not only been economically sound policy, but it also has served the environment well. Yet it won’t be enough for some Democrats who want to declare a 'climate emergency.'

Oh sure, U.S. shale producers have been prolific with oil production, but not so much with actually making profits.

Oh, sure you might say that the natural gas sector is beaten and battered, and its best days are behind it. Of course that’s also what they said about the Cowboys in 1989.

I have to give Bloomberg credit because at least he plans to spend his own money to achieve his impossible green dream. Biden and Warren, on the other hand, want to spend your money.  

The extreme weather and record flooding that has been hammering the Plains and Midwest will likely impact everyone’s wallet.

With summer-kickoff Memorial Day weekend driving expected to be at near-record levels, what will it mean for gas prices?

Traders again weighed signs that the Organization of the Petroleum Exporting Countries will decide to extend its production-cut agreement following a committee meeting over the weekend.

Without the pursuit of profits in America we might still live in the dark ages. Or literally in the dark.

The threats, while they seem a world away, may have a direct impact on your wallet.

Oil markets are in flux amid the latest unrest in Venezuela. How this drama plays out is already having an impact on the price you pay at the pump for gasoline.

California drivers are paying an average $4.03 per gallon, which is more than $1 per gallon higher than the national average. Why is anyone surprised?

On the positive side, U.S. energy companies may start to recover some lost profits from the last set of waivers, but at the gas pump the pain will be felt.