As has been my habit for a dozen years as a contributor at Forbes, it is time to conduct a midyear review of the annual energy predictions I made at the first of the current year in a piece titled “9 ...

RIYADH, SAUDI ARABIA - DECEMBER 8: (——EDITORIAL USE ONLY â MANDATORY CREDIT - 'ROYAL COURT OF SAUDI ARABIA / HANDOUT' - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS——) ...

U.S. oil production reached a new annual record in 2024, but the energy sector as a whole underperformed. The Biden Administration replenished the Strategic Petroleum Reserve more than expected.

Robert Rapier's energy predictions for 2023 turned out to be largely correct. Based on weekly and monthly numbers from the EIA, in mid-December a new U.S. oil production record was set. Rising ...