posts tagged as OPEC
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June 2017
The Trump Administration is reportedly considering plans to sell off about half of the Strategic Petroleum Reserve (SPR), which is the federal...
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June 2017
First shale oil and now offshore deep-water oil are reducing their costs of production, making it more difficult for OPEC’s policies to...
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December 2016
OPEC, the cartel of oil producing countries, for years has been able to manipulate oil prices on the world market by controlling...
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February 2016
Similar to Exxon’s world outlook, BP’s energy outlook expects natural gas, oil, and coal to remain the dominant forms of global energy...
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June 2015
For the past decade, natural gas production in the United States has grown by over 40 percent thanks to the use of...
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February 2015
According to BP’s energy outlook, fossil fuels will continue to provide most of the world’s energy, supplying 81 percent of global supply...