Posts Tagged: Net Exports

2013-10-18

The Master Resource Report 2013-10-18 Study: US now top global liquids producer According to New York based PIRA Energy Group the US is now the world’s top petroleum liquids producer at 12.1 million barrels per day. So what? Upstream reported “The US total includes 7.4 million bpd of crude oil and condensate, 2.5 bpd of… Read more »

2013-08-23

The Master Resource Report 2013-08-23 Natural gas Yesterday the EIA released its natural gas storage report that showed a lower than expected injection. A survey of Bloomberg analysts predicted an increase of 66 Bcf while the actual build was 57 Bcf. Gas in storage now stands over 7% below year ago levels. (Bcf = billion… Read more »

2013-08-16

The Master Resource Report 2013-08-16 New Chatham House report Saving Oil and Gas in the Gulf is a new Chatham House report on the six countries that make up the Gulf Cooperation Council (GCC). The MRR has repeatedly referenced the risks not only to the oil exporting countries but the oil importing countries as well… Read more »

2013-07-12

The Master Resource Report  2013-07-12 Some oil market realities The reality of global oil production growth since 2005 contradicts all the commentary on surplus crude flooding the market. Global oil production since 2005 has edged up about 0.5% per year, according to Hummel. Global exports have declined because of domestic consumption growth in exporting countries…. Read more »