News and Commentary From OilSlick.com


Imports Not Immigrants
Oil imports from Mexico are declining as production falls to a 24 year low. Continue reading
Mexico's Oil Production Shrinking Fast
Mexico's state-run monopoly on oil, Petroleos Mexicanos (a.k.a. Pemex), recently announced that production has fallen to the lowest pace in 24 years. Continue reading
Is Iraq's Stolen Oil Headed For Houston?
The Kurds of Northern Iraq could be one step closer to independence and the U.S. might be supporting it. Officially the U.S. government supports a unified Iraq but if the Kurds find willing and steady buyers for its oil it will ease the way for their independence. Continue reading
U.S. Exports To Europe Surge
Oil production in the U.S. is the highest it has been in decades. This surge in domestic oil has been a blessing for U.S. refiners. Continue reading
Almost 7 out of 10 Support More Offshore Drilling
A new survey polled 1,000 voters on offshore drilling in U.S. waters. Results showed that 68 percent are in favor of support new drilling. Continue reading
Gasoline At 4-month Lows
The surge in U.S. oil production has lifted output to levels not seen since 1986. Elevated levels of supply are helping drivers at the pump. Continue reading
No Slowdown In Iran Exports
Failure to come to any significant agreement over Iran's nuclear program last week did not result in any penalties for Iran's oil exports. Continue reading
Green is Good, Sometimes
Governments around the world are turning green with everyone passing more laws to try and force a reduction in green house gases. Unfortunately some of them have unintended consequences. Continue reading
One Step Closer To Atlantic Drilling
Current estimates suggest there are 4.7 billion barrels of recoverable oil under the Atlantic Ocean off the east coast of the United States. Continue reading
Baker Hughes Bullish On Oil Services
BHI is the world's third-largest oilfield services company with products and services ranging from hydraulic fracturing of oil and gas wells to seismic surveys. Continue reading
Islamic Militants In Syria Kill Hundreds, Capture Gas Field
A growing portion of Syria's oil and natural gas reserves are falling into the hands of the Islamic State, previously known as the Islamic State of Iraq and the Levant (ISIL, or ISIS). Continue reading
New Russian Sanctions Could Hurt Exxon
The U.S. and the West have been threatening Russia with new sanctions if they did not do more to de-escalate the situation in Ukraine. Russia has allegedly been supporting the Ukraine insurgents. Continue reading
Shell Makes New Discovery In The Gulf
Shell Oil Co. reported a new discovery in the Gulf of Mexico this week. The company estimates the formation could hold 100 million barrels of oil. Continue reading
Buying Coal From Russia?
The U.S. has often been called the Saudi Arabia of coal. So why did New Hampshire's largest electric utility just buy 38,500 metric tons of coal from Russia? Continue reading
U.S. Could See Surge In Condensate Exports
The United States has banned the export of crude oil since the early 1970s following the 1973 Arab oil embargo. Last month two companies got permission to start exporting oil condensates. Continue reading
Thank You Libya
Analysts believe the exports from Libya could return to 800,000 bpd within just a few weeks and that was enough to push crude prices sharply lower. Continue reading
A Must Read: 21st Century Energy Wars
Conflicts are rising around the globe. Some are new while others are growing more intense. If you look past the headlines and dig deeper the odds are you will find oil and the control of energy fueling the conflict. Continue reading
Not Waiting For Keystone
Capitalism isn't waiting on the Keystone XL Pipeline to be approved. The ill-fated pipeline has been held up with regulatory delays for years. Continue reading
Catastrophic Consequences for Americans
The United States could face catastrophic consequences if we do not tighten security around our electrical grid. Continue reading
EIA's Outlook On Coal
The U.S. Energy Information Administration just released their latest estimates on coal use in America. Continue reading