Nov 1, 2017

U.S. crude oil exports reach new record

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The decade's biggest unexpected boom

Shale dominated the 2010s, even more than the iPhone or cloud computing. That's the claim made by blogger and investment adviser Josh Brown, who sees the U.S. shale boom causing a collapse in energy prices that had enormous economic and geopolitical consequences.

By the numbers: The U.S. currently produces roughly 12.7 million barrels of oil per day. That's an all-time high, and is more than double the 6.1 million expected 1o years ago.

Go deeperArrowJan 2, 2020

How an escalation in the Iran conflict could help Russian oil

Photo: Kirill Kudryavstev/AFP via Getty Images

Russia would emerge as a winner if the U.S.-Iran conflict — which has cooled off — greatly escalates, argues Anna Mikulska, a senior fellow with UPenn's Kleinman Center for Energy Policy.

The big picture: That could result via the unlikely — but not impossible — event that Iran shut down oil tanker traffic through the Strait of Hormuz, a critical shipping lane for Middle East oil and nearly 20 million barrels per day pass through the narrow channel.

Go deeperArrowJan 10, 2020

Elizabeth Warren's campaign says it raised $21.2 million in Q4

Photo: Scott Eisen/Getty Images

Elizabeth Warren's 2020 presidential campaign said Friday that it raised $21.2 million during 2019's fourth quarter.

Why it matters: It's a disappointing haul for the Massachusetts senator, who raised $24.6 million last quarter, and coincides with a sustained drop in her polling after she briefly challenged Joe Biden for frontrunner status in October.

Go deeperArrowJan 3, 2020