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February 22, 2018

China
China’s Coming Challenge to the U.S. Petro-Economy

U.S. oil production is set to surpass its all-time record monthly high (first set in 1970), and U.S. liquefied natural gas exports are roaring ahead, with 800 billion cubic feet already shipped since…

Electric trucks are shown at BYD headquarters in Shenzhen, China May 25, 2016.

August 13, 2019

Election 2020
Meet Beto O’Rourke, Democratic Presidential Candidate

Update: Beto O'Rourke announced on November 1, 2019, that he was ending his campaign. When Richard Nixon lost California’s governor’s race in 1962, political pundits declared his dream of becoming…

Beto O’Rourke

January 3, 2020

Election 2020
Campaign Foreign Policy Roundup: The Killing of Qasem Soleimani

Each Friday, I look at what the presidential challengers are saying about foreign policy. This week: the U.S. drone strike that killed an Iranian general, the wisdom of Joe Biden’s Iraq vote, and for…

Demonstrators hold a picture of Qassim Suleimani as they protest his assassination by the United States in Tehran, Iran, on January 3. Nazanin Tabatabaee/West Asia News Agency via Reuters.

January 23, 2018

Venezuela
How Much Worse Can it Get for Venezuela’s State Oil Firm PDVSA?

Venezuela’s latest attempt to raise capital by issuing a cryptocurrency, the petro, linked allegedly to its Orinoco oil reserves is problematical on so many levels, it is hard to know how to comment …

The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela December 1, 2017.

January 4, 2018

Iran
Oil and the Iran Protests

It doesn’t take much these days to remind oil traders that Middle East geopolitical risk can raise oil prices. Unrest in Iranian cities is the latest case in point. News and video records of major pr…

A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005.