After the Carnage, Shale Will Rise Again

Wall Street Journal   How low can oil prices go? When pundits start competing to predict where the barrel will hit bottom, you know that a rebound is inevitable. It’s the inverse of what happens before a high-price bubble bursts. Only a few years ago forecasters were suggesting that oil might hit $300 a barrel.

The Congressional Ban On Selling Crude Oil Is Past Its ‘Sell Date’

MORNING CONSULT      How times change.  Used to be Congress wrung its hands over oil shortages and American dependence on imports. Now there’s a fight on Capitol Hill over whether to allow American oil companies to export crude – because, as surprisingly few citizens know, it’s against the law for U.S. firms to sell oil into world…