Our View

PES Bankruptcy Not Caused by RFS Program


In this letter to Senator Checuk Grassley, Dr. Verleger argues that the PES assertion that its financial troubles came from the Renewable Fuel Standard program requirements is incorrect. Read the letter here.

Price Curves for Three Crudes

Forward price curves for WTI Cushing, WTI Houston, and Brent. Click on graph to enlarge it.

CERAWeek Exposes OPEC's Permian Achilles' Heel (March 12, 2018) -- OPEC's leaders came to Houston looking for recognition of and perhaps even reward for their efforts to boost crude oil prices. They didn't seem to get either.

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