May 28, 2019
A movement to reduce plastic use has led to bans worldwide on shopping bags, straws and other single-use items, but no noticeable impact on demand for crude oil and other feedstocks used to make plastic. Petrochemical and plastic demand is forecast to increase at as much as four times the rate of...
May 20, 2019
As tighter US sanctions against Iran continue to change global oil flows, Asian refiners are testing a new grade of lighter crude flowing from the Permian Basin. West Texas Light has an API gravity averaging 48, compared with traditional WTI at 38-44 API. Laura Huchzermeyer, managing editor of...
May 13, 2019
On this week’s podcast we speak with Henry Rome, an Iran analyst with the Eurasia Group, about why the global oil market is not as stable and well-supplied as the Trump administration wants the world to believe. Rome sees a supply crunch only getting worse and a $5/b increase looming ahead...
May 6, 2019
The US is producing more than twice the oil it was a decade ago, with about a third of the workers needed to do so, according to Jamie Webster, a senior director at the BCG Center for Energy Impact. On this week’s Capitol Crude, Webster, also a fellow at Columbia University’s Center on...