In The News

Friday, 03/11/2016

March 9, 2016 – Railway Age

RBN Energy: Putting the brakes on Bakken crude

By: William C. Vantuono

Increased pressure on North Dakota crude oil producers is “finally” putting the brakes on Bakken crude production, writes RBN Energy LLC analyst Sandy Fielden in  Is It All Over Now? Producers Lose Their Appetite For Bakken Crude Output.

“For the past, year many shale oil producers have defied the expectations of many and kept output at or near to record levels in the face of falling oil prices and much tougher economics,” writes...

Tuesday, 03/01/2016

March 1, 2016 – Railway Age

RBN Energy: Western Canada CBR load capacity "overbuilt and underutilized"

By: William C. Vantuono

According to an analysis conducted by Sandy Fielden of RBN Energy LLC, based on current demand, rail load capacity for crude by rail (CBR) in Western Canada is “vastly overbuilt and underutilized.”

“As we have said, Canadian CBR has been a marginal utility to help get producers past severe congestion on the pipelines,” writes Fielden in Slow Train Coming: Canadian Crude Rail Load Terminals Overbuilt and...

Tuesday, 03/01/2016

February 24, 2016 – Real Money

Jim Cramer Calls Saudi Arabia, Russia Oil Deal a Hoax

By: Jim Cramer

It was always a hoax. That's what I have to say about the so-called deal between Saudi Arabia and Russia to limit oil production to slightly more than 10 million barrels each if Iraq and Iran don't raise their production further than current levels roughly between 3.5 million and 3.25 million barrels a day.

It was always the stated goal of both Iraq and Iran to dramatically raise production, which would then put pressure on Russia...

Tuesday, 03/01/2016

February 23, 2016 – Inside Climate News

With Some Tar Sands Oil Selling at a Loss, Why Is Production Still Rising?

By: Phil McKenna

Canadian oil producers can’t address the downturn by slowing production without huge losses, so they now sell at a loss economically and for the climate.

Like a supertanker unable to make quick turns, production from tar sands in the Canadian oil patch continues to increase despite prices so low producers have to sell their output at a loss.

The industry's inability to cut production could...

Tuesday, 03/01/2016

February 19, 2016 – NGI’s Shale Daily

Dominoes Toppled to Create Shale Revolution, and More to Fall, Says Braziel

By: Carolyn Davis

The unconventional natural gas and oil revolution in North America has been less a random series of fortuitous events and more a cascading set of circumstances that has created a new world order for energy markets and upended the global economic outlook, according to industry guru Rusty Braziel.

Braziel lays out his theory in a new book, "The Domino Effect: How the Shale Revolution Is Transforming...

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