2016: Not really a golden year, more a light plating
2016 was marked by two distinct halves for gold. The year started off on a rip for the price. Now the spot price isn't far off from where it started.
Are European galvanized steel prices set to explode?
Can the Europeans bring back roughly 200,000 mt per month of hot-dipped galvanized steel required to fill a void? If not, what will happen to the price?
Would Trump ever heed Marilyn’s siren song on steel?
Did you know Marilyn Monroe's birthday serenade to President John Kennedy included reference to steel? Steel again found a high profile in politics in 2016.
Has tight oil put ‘peak oil’ to rest? Not so fast: Fuel for Thought
Eighteen years ago, the IEA said conventional oil output would peak before 2020. In 2016, it again shines a light on the need for more unconventional oil.
U.S. natural gas production resilient to market changes in 2015, but has fallen in 2016
(Fri, 16 Dec 2016) U.S. dry natural gas production continued to increase in 2015, reaching 74.1 billion cubic feet per day (Bcf/d). This record-high level was a 4.5% (3.2 Bcf/d) increase over 2014, according to EIAâs <em>Natural Gas Annual</em>, which provides final production data for 2015.
U.S. oil and natural gas proved reserves declined in 2015 because of lower prices
(Thu, 15 Dec 2016) U.S. crude oil proved reserves declined 4.7 billion barrels (11.8%) from their year-end 2014 levels to 35.2 billion barrels at year-end 2015, according to EIA's recently released U.S. Crude Oil and Natural Gas Proved Reserves report.
SENER publishes upstream pipeline rules
Late 2016 and 2017 will be a crucial time for Mexico’s energy reform to turn from a mere agenda to actions, including work on the upstream pipeline system.
New EIA survey collects data on production and sales of wood pellets
(Wed, 14 Dec 2016) During the first half of 2016, U.S. manufacturers produced approximately 3.3 million tons of wood pellets and sold 3.1 million tons, mostly to foreign markets, according to data from EIAâs newly released <em>Densified Biomass Fuel Report</em>.
African Energy Economist: Subsidizing Nigerian inefficiency
Fuel subsidies in Nigeria remain a thorny issue. State support for gasoline and diesel prices places a huge burden on the national finances.
What could $65/b WTI mean for oil production in the Permian?
Oil prices are expected to rise after the OPEC deal and there is upside potential for production and IRRs, particularly in premier US basins.