*Purchases are non-refundable unless the class is canceled. This is for planning purposes, space rental, etc. Cost: $500 Venue: Hilton Hotel Houston North Instructor: Richard Carranza, Carranza Consulting Duration: 8am to 6pm 8 PDH credit Bring your laptop Exhibition Space is available for $1000, contact me TEL 832.229.0685 or richard_carranza@msn.com Objective: Learn the fundamental…
Commentary: Trumponomics, Part 1
The Trump economic policy has been causing a lot of confusion lately, particularly with respect to the unbelievably low unemployment numbers, high GDP growth, and nearly non-existent inflation. This series of articles makes an attempt to try and explain all these discrepancies; although for some folks, it still may not be enough - but let's…
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Ai Prime Hosts Grand Finale Party at NAPE Summer 2018 Conference
On Thursday night, the last day of the NAPE Conference, Ai Prime held a mixer at the The Grotto, located within the George R. Brown Convention Center. The place was packed with good people, good fun, and good cocktails. Ai Prime is a company whose aim is to replace Google Earth as the key aerial…
Press Release: President XI Likely to Keep Crude Tariffs Sidelined
BOSTON, MA, August 17, 2018 Although there is no off-ramp in sight for the trade war between the U.S. and China, stability and energy security are more important for the Chinese leadership than the need to ‘win’ the trade war with the U.S., according to ESAI Energy’s latest ChinaWatch report. The first version of the…
NAPE Summer 2018 Conference Closes with a Night at St. Arnold’s Brewery
The NAPE Summer Conference ended Thursday night with a nice party at St. Arnold's Brewery. NAPE is put together by the American Association of Professional Landmen. NAPE is all about making deals. Attending the conference are people that have land with oil on it, folks seeking mineral rights, drillers, legal experts, and software developers. The…
Press Release: Export Infrastructure to Strand U.S. LPG This Winter
BOSTON, MA, August 17, 2018 The growth of U.S. LPG exports will outpace terminal capacity this winter, constraining LPG exports, according to ESAI Energy’s webinar U.S. Growing Pains to Upend LPG Trade & Demand. The export constraint will temporarily cause scarcity in Asia and the international market, driving up LPG prices relative to naphtha and…
By The Numbers, 8/15/2018
The EIA published its Weekly Petroleum Status Report. Here are some highlights. All items are in millions of barrels per day except inventories, which is billions total. Dates are defined as week ending averages, except for refinery inputs and utilization rate which is a four week ending average. The full report can be found here.…
Revolutionary technology launched at NAPE brings new insight to exploration and production (E&P)
HOUSTON, Texas. (August 13, 2018) Ai PRIME, a new technology company launching at NAPE today, is replacing Google Earth for the Texas oil and gas sector. Users are signing up for the free, easy to use, online platform which integrates information from multiple sources and enables mass collaboration and intelligence at a level never before…
Press Release: New Russian Refining Subsidies Take Shape
BOSTON, MA, August 15, 2018 Russia’s oil tax reform will cause refineries to adjust investment plans, causing some to abandon discretionary fuel oil upgrading projects, according to ESAI Energy’s newly released CIS Watch. Underinvestment in fuel oil destruction will exacerbate the oversupply of fuel oil following the introduction of new IMO regulations that will cause…
Fracking is Central to Oil Drilling Efficiency
Hydraulic fracking is propelling the USA to being the leading producer of oil and gas in the world. The technology simply put is just so very efficient. Please click the link below to see a video from EIA that shines more light on this phenomena. The video is a bit dated but still relevant. David…
Video: Oil Prices and Trumps Reimposed Sanctions on Iran [Ft. Cheddar TV] – Matt Badliali
The news media hints that the US is heading for a crash in the oil markets due to oversupply by 2021. Sanctions on Iran will no doubt help the US avoid the threat of this event. Here is a video that explains the nature of sanctions versus oversupply in a manner that is unbiased and…
