Our View

The End of Oil

The fossil fuel industry may have less than two decades left. Oil reserves not developed and in production by perhaps as soon as 2023 may be permanently stranded. Read more of Dr. Verleger's "World Energy Opinion" piece here.

PKVerleger LLC Weekly US Crude Production Estimate

US crude oil production averaged 9.911 million barrels per day for the week ending February 19, 2021, dropping from the 11.929 million barrels per day for the previous week.

A Disruption with a New Twist... (February 22, 2021) -- The Texas disruption differs in one respect from past cold-weather-induced market episodes.

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