Michael Bastasch | All Articles

Michael Bastasch

OPEC To Lose $375 Billion In Oil Revenues

12:30 PM 12/17/2014

Low oil prices are really starting to cut into OPEC’s finances. Energy Department data show that OPEC countries could lose $375 billion in export revenues through 2015 if oil prices average under $70 a barrel.

Will Cheap Oil Kill Keystone XL? Probably Not

5:01 PM 12/15/2014

Crude oil prices have slid more than 45 percent since the summer and already some are predicting the demise of the Keystone XL pipeline. But predictions of the end of Keystone may be premature, according to experts.