The Natural Order of Society

Venezuela's Oil Revival Faces A Critical Services Bottleneck Authored by Rystad Energy via OilPrice.com, Venezuela could increase crude production by about 194,000 bpd by late 2028, with most growth coming from existing producing fields rather than new discoveries. International oil companies led by Chevron are expected to deliver nearly two-thirds of the forecast production increase through brownfield investments. The biggest obstacles are operational, including drilling rigs, diluent supplies, infrastructure upgrades, and a competitive fiscal regime capable of attracting long-term investment. Venezuela's upstream industry has entered a new phase. Following sweeping hydrocarbon reforms and broader...

Massive Life Support By Benjamin Picton, Senior Markets Strategist At Rabobank Massive Live Support “On massive life support” was Donald Trump’s characterization of the US-Iran ceasefire yesterday. This followed Sunday’s rejection of Iranian terms for peace that Trump described as “totally unacceptable”. In a boy-who-cried-wolf-style sign of growing market insensitivity to Presidential prognostications, Brent was only up 2.88% to $104.21/bbl and WTI crude remains below $100/bbl. Dated Brent rose by 0.6% yesterday to $105.62. This even as the Wall Street Journal reports that the UAE has been “secretly” carrying out attacks on...

When accusations of rape and assault were made against Duke University’s lacrosse team in 2006, both the Durham City Police and District Attorney Michael Nifong engaged in law breaking to indict three young men that clearly were innocent.