JAZD Oil and Gas

While the world’s attention has been focused for the past few days on Washington D.C. and Barack Obama’s plans to reinvent the energy mix, old energy hasn’t stopped working, and a pair of oil and natural gas finds in Brazil and Israel have big long-term implications. Exxon’s all smiles ExxonMobil told Brazilian authorities that it’s [...]

On December 23, crude oil prices flirted with $30. That barrier marked the bottom of the price decline that commenced in early July after oil futures hit $147. The $117 price decline has done much to alter the current and prospective landscape for the oil and gas industry and the global economy, too. Just when [...]

Whether the calls for reducing America’s oil dependence on the Middle East that played such a big part in Barack Obama’s campaign will find a home in today’s inaugural address is an open question. But one thing is increasingly clear: America won’t be able to count much on Mexico, still its third-biggest supplier, to help [...]