Robert Rapier News Today

ConocoPhillips and Marathon Oil announced a $22.5 billion merger, enhancing ConocoPhillips U.S. shale assets, providing earnings, cash flow, and shareholder distribution benefits.

The U.S. energy landscape has undergone a significant transformation since 2000, with coal consumption declining while natural gas and renewable energy sources have surged.

Despite claims, the U.S. has not significantly refilled the Strategic Petroleum Reserve due to rising oil prices and market conditions.

Contrary to the warnings of gloomsters, the technology sector is not a bubble that’s about to burst.

Time plus compounding equals wealth, but your plans can get badly derailed by making big mistakes.

Not oil independent

Stocks hover at all-time highs. Valuations are lofty, especially in the technology sector. We’re bullish but also wary of FOMO.

The Biden Administration has significantly drawn down the Strategic Petroleum Reserve to its lowest level since 1983, sparking debates over U.S. energy security.

The U.S. has set a new record in natural gas production for the third consecutive year in 2023, primarily driven by increased output from shale gas fields.

’The exception proves that the rule is wrong.’ That is the principle of science. If there is an exception to any rule, and if it can be proved by observation, that rule is wrong.”