Articles by tag: Matador Economics

The latest episode of Gasonomics, hosted by Tim Snyder, Chief Economist with Matador Economics, focuses on the intricate dance between global alliances, energy markets, and the potential threats to the US Dollar’s dominance. As President Biden attends the G-20 Summit, the episode delves into the dynamics of the BRICS alliance, now expanded to BRIICS […]

The global energy landscape, especially the oil and gas industry, has been undergoing a seismic shift. With crude oil prices surging almost 20% in the last 45 days and gasoline witnessing a 2.2 cent per gallon increase, the stakes have never been higher. As the U.S. economy grapples with these fluctuations, a pertinent question […]

As the world grapples with the escalating crisis of climate change, the narrative is often dominated by the urgent call to transition from fossil fuels to renewable energy sources. However, there’s another side to the story that is often overlooked. According to the U.S. Energy Information Administration, as of 2020, fossil fuels still accounted […]

U.S. oil auctions are back…sort of. In a significant move since the passage of President Joe Biden’s landmark climate change law, the U.S. held its first sale of oil and gas drilling rights on federal lands in late May, attracting over $78 million in high bids. This auction of 19 parcels in New Mexico, […]

By now, everyone’s heard the Silicon Valley Bank collapse story. Its repercussions are, at present, still sending shockwaves across the banking system, leaving the experts, pundits, the Fed, and everyone wondering if another pillar will drop or can the system hold together. While the collapse of Silicon Valley Bank (SVB) seemingly happened overnight, were […]

U.S. gas prices declined during December, but this relief at the pump could soon revert due to a significant oil spill from the Keystone pipeline leak. An estimated 14,000 barrels of crude oil spilled into a Kansas creek, forcing the pipeline’s closure on December 7, 2022. Adding to the concerns over a prolonged shutdown are […]

2023 oil price instability remains likely as compounding research from oil analysts points to pent-up demand, new waves of COVID-19, OPEC+ production cuts, and more are creating scenarios for higher oil prices in 2023. Several factors are stacking to keep oil prices high next year. Some analysts have been countering this narrative in recent […]

California is in emergency mode to reign in a 25-mile oil slick, after an estimated 3,000 barrels, or 126,000 gallons, of post-production crude was spilled in the Pacific Ocean off the coast of Orange County. Though the situation is still on-going, authorities suspect a ship’s anchor may be to blame, cutting into an off-shore pipeline. […]

The recent successful cyberattack on the Colonial Pipeline sent a shockwave throughout the oil and gas industry beyond in the United States, and it’s not serving as a unique case study in how the sector impacts the entirety of the supply chain and many corners of society. To diagnose the attack’s impact and help break […]