About two weeks before he plans to step down, Adam Sieminski, the head of the US Energy Information Administration, sits down with Capitol Crude to talk future oil prices, the path of US production and the outlook for global demand. Sieminski, EIA’s administrator since 2012, talks to senior...
Many are watching US oil producers after the deal between OPEC and non-OPEC producers and Donald Trump's election, and John Hess, CEO of Hess Corporation, shares his thoughts about the future of US shale.Hess talks with senior oil editors Meghan Gordon and Brian Scheid about how quickly American...
Energy independence is a goal for many when it comes to US energy security, and the future of both is influenced by both politics and complicated global energy markets. Senior oil editors Brian Scheid and Meghan Gordon talk to Robbie Diamond, president and CEO of Securing America's Future Energy,...
Total renewable fuel is slated to be more than 10% of the US fuel supply in 2017, breaking through the so-called blend wall. But how will a new presidential administration affect targets for the Renewable Fuel Standard?Senior oil editors Meghan Gordon and Brian Scheid talk to ClearView Energy...
In a special episode of Capitol Crude, senior oil editor Brian Scheid calls former podcast co-host Herman Wang in Vienna to get all the details of OPEC's historic decision Wednesday to cut production. Wang is our London-based OPEC reporter, and he explains whether the deal is actually a cut or a...
What are the best and worst scenarios from the upcoming OPEC meeting for Saudi Arabia, Iran, Iraq, Russia, the US and other crude producers? Matthew Reed, vice president of Foreign Reports, joins senior oil editor Brian Scheid to consider the likely outcomes and country-by-country consequences for...
It's alive! After being buried in the White House policy graveyard last year by President Barack Obama, the Keystone XL pipeline is back from the dead following Donald Trump's election win. TransCanada is considering applying again for a permit for the 1,700-mile pipeline and Trump has vowed to...
Capitol Crude looks at how President-elect Donald Trump might handle US sanctions against Russia, given indications during the campaign that he would take a softer stance with Moscow.Will Trump ease these sanctions that are restricting Western oil companies’ operations in Russia? Moscow-based...
In a special post-election episode of Capitol Crude, senior editors Brian Scheid and Meghan Gordon look at what impact Republican Donald Trump’s victory will have on US oil policy. Geoffrey Craig, oil futures editor with Platts, stops by to talk about the immediate oil price reactions and...
Venezuela has more proven crude oil reserves than any other country, yet hundreds of thousands of people are unable to buy necessities and are marching in the streets of Caracas. Senior oil editors Meghan Gordon and Brian Scheid talk with Raúl Gallegos, senior analyst with Control Risk and...
Former US Energy Secretary Bill Richardson joins senior oil editors Meghan Gordon and Brian Scheid to detail the changing role of OPEC in the global oil market and oil diplomacy. Richardson, who was also governor of New Mexico and a former presidential candidate, was seen as a key player in what...
The fight in the US between oil and gas producers and environmentalists has taken on a more urgent tone lately, in part due to the country looking ahead to a new president. Senior oil editors Brian Scheid and Meghan Gordon speak with Michael Brune, executive director of the Sierra Club, about the...
This week’s episode of Capitol Crude looks at the fallout from OPEC’s Algiers meeting and the prospects for rebalancing global oil supply and demand.Platts senior editors Meghan Gordon and Brian Scheid talk to former Capitol Crude co-host Herman Wang about his time chasing oil ministers...
It’s Donald Trump, Hillary Clinton and crude oil on this week’s Capitol Crude, as Platts senior editors Meghan Gordon and Brian Scheid look at what the race for the White House means for US oil policy and global supply and demand.Congressman Kevin Cramer, a North Dakota Republican and...
Platts senior editors Brian Scheid and Meghan Gordon look at the spike in earthquakes in Oklahoma and neighboring states, areas that contributed to the US oil and gas boom.Justin Rubinstein, deputy chief of the US Geological Survey's Induced Seismicity Project, explains how injection wells can...
Platts senior editors Brian Scheid and Meghan Gordon take you back to the 1970s with John Kingston, director of global market insights for S&P Global. It was an era of low US crude oil production, high prices, long gasoline lines and disco, and saw the advent of policies that shaped topics at...
Low oil prices and less invested in exploration has squeezed crude production in the US, but Gulf of Mexico production is expected to grow -- even as regulators are growing increasingly concerned about another major spill or loss of life from offshore safety.Platts senior editors Meghan Gordon and...
Capitol Crude is back from summer vacation and taking a trip back to the mid-1990s in the US, when Hanson was on the radio, Seinfeld had new episodes and slickwater fracking was being developed. Nick Steinsberger revolutionized the production of oil from shale and unintentionally set in motion the...
In the 100th episode of Capitol Crude, Platts senior editor Brian Scheid talks with Adam Sieminski, administrator of the US Energy Information Administration, on the state of the global oil market. Sieminski discusses where oil prices are heading, when the market may reach balance, the diminishing...
The Obama administration unveiled final regulations for drilling in US Arctic waters, but questions remain about the future of oil production there. Will the Arctic be pulled out of the administration's upcoming five-year leasing plan, and will environmental opposition and unfavorable economics...
A new technical report on US fuel efficiency targets says the vehicle fleet may fall short of a goal of 54.5 miles per gallon. Senior editor Brian Scheid parses the key points of the report and talks with Sam Ori, executive director at the Energy Policy Institute at the University of Chicago,...
Fracking helped unleash a flood of new US oil and gas production, but regulating it is no simple task. The Obama administration has not embraced the environmental movement to keep all fossil fuels in the ground and the topic has become a wedge issue in this year's presidential race. Given that a...
Capitol Crude co-hosts Brian Scheid and Herman Wang couldn't get tickets to the Tony Award-winning musical "Hamilton," so they perform their own rap musical -- on oil policy, of course.Their tale of oil policy topics over the past few years is also Herman's final episode before he heads off to...
Taking their cues from Conan O’Brien, Platts senior editors Brian Scheid and Herman Wang take Capitol Crude into the future – all the way to the year 2020, with predictions about Taylor Swift, 3-D printers, and a potential global oil supply shortage.Analysts and market watchers have...
On this week’s Capitol Crude, Brian Scheid and Herman Wang take you along on a recent tour of the Strategic Petroleum Reserve. With pipes corroding and tank floors failing, the US Department of Energy says the world’s largest stockpile of crude oil may be nearing the end of its service...
Preparing to drive to that summer vacation? Gasoline is one of the most recognizable oil products to Americans, yet what drives the market is unknown to many. Senior oil editor Brian Scheid shares a few drinks with Jeff Bair, managing editor for US light ends, to take stock of high blendstock...
Now that the breaking news is winding down, Capitol Crude analyzes what the June 2 OPEC meeting means for the global oil market, US policymakers and US crude producers. Herman Wang is in Vienna with details of the meeting, which will likely be remembered as the first for Khalid al-Falih in his new...
Recent complaints out of Tehran that the nuclear deal has yet to yield tangible benefits leaves questions about the future of the deal and what it would mean for oil. Senior editors Brian Scheid and Herman Wang delve into the hand-wringing by some, despite efforts of the Obama administration to...
Iraq's semi-autonomous Kurdistan region has been hard hit by the oil price plunge of late, but it is attempting to pull its oil industry out of the shadows and toward legitimacy. Platts senior editors Herman Wang and Brian Scheid are joined by Ben Lando, founder and editor-in-chief of the Iraq Oil...
Saudi Arabia last week made a change in its oil leadership, naming former Saudi Aramco CEO Khalid al-Falih to the post of energy minister, replacing the long-serving Ali al-Naimi. Naimi, who regularly moved markets with his pronouncements on oil supply and demand, had been in charge of Saudi oil...
