Commentary / World Oct 17, 2014

Oil market is proving mightier than OPEC

by John Kemp

The only sensible oil-pricing strategy for Saudi Arabia and OPEC — in light of U.S. shale output — is to focus on market share and allow prices to decline to the point at which they slow the growth in non-OPEC output and lessen the ...

Commentary / World Jul 18, 2014

The real shale revolution

by John Kemp

It was the mastery of horizontal drilling around 1990 — originally for oil rather than gas exploration — that lit the long fuse for the so-called shale revolution that erupted 15 years later.