Saudi Arabia is begging Donald Trump for help. Iran is going to continue to bomb Saudi Arabia. Iran will stop when Trump lifts the sanctions. Trump’s not going to stop. Trump wants Saudi Arabia to buy weapons from America and defend it self. Saudi Arabia can’t afford a war as they are going broke. The […]
Oil Prices are low but not for long. The Shale Game is dying & OPEC/Russia is desperate. Trump keeping oil prices low is an act of war! 90% of Saudi Arabia and OPEC GDP is 90%+. Without Oil They Will Not Survive. Russia is in a similar predicament as Oil is 60% of their GDP. […]
I’ve followed oil news since I was a child receiving oil revenue at the young age of 6 and making my first investment in oil at age 16. There are so many different opinions regarding oil prices and it’s hard to know who to believe anymore. Everyone needs to understand something. Saudi Arabia will do […]
Todd Bennington | Kingdom Exploration Media kingdomexploration.com As the articles linked to below suggest, there seems to be an increasing tendency for politicians, other decision makers, and even business people to make policies in regard to energy based on what is politically fashionable rather than what would have the most benefit for the majority of […]
Todd Bennington | Kingdom Exploration Media The below article by Gail Tverberg at Oilprice.com is something of a mixed bag. Doom-and-gloom predictions as to the finite nature of energy resources should probably be taken with a grain of salt. Still, it contains some salient truths regarding globalization that most major media sources are reticent to […]
Todd Bennington | Kingdom Exploration Media kingdomexploration.com OPEC production cuts and per-barrel prices that recently went as high $65 are being counterbalanced by the U.S. Energy Information Administration’s prediction that U.S. crude production for the upcoming year will be record-setting. [1] The agency is not without its detractors, however, who say it is overestimating things […]
Todd Bennington | Kingdom Exploration Media http://kingdomexploration.com OPEC and non-OPEC producers agreed last Thursday to extend oil production cuts that were set to expire in March until the end of next year. A meeting to review the agreement with an eye toward making any necessary adjustments has been scheduled for June. Citing also the uncertainty […]
Todd Bennington | Kingdom Exploration Media Dr. Cyril Widdershoven writes in a recent article at Oilprice.com that the liberalizing reforms and anti-corruption push of Saudi Crown Prince Mohammed bin Salman (MBS), as well as potential Arab conflict with Iran and its proxies such as Hezbollah, may very well cause a dramatic and sustained increase in […]
Todd Bennington | Kingdom Exploration Media kingdomexploration.com The International Energy Agency is overly optimistic about the potential for shale production growth over the next decade, writes Oilprice.com editor James Stafford in an article published on Nov. 16. Stafford cites a handful of reasons why shale may very well not live up to expectations, first noting […]
Todd Bennington, Kingdom Exploration Media In a recent article published at oilprice.com, petroleum geologist Art Berman modifies his prior conservative stance on the likelihood of continued significant oil prices increases, writing that West Texas Intermediate (WTI) prices between $60 and $70 per barrel are almost certain early next year and could very well rise above […]