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IEA Forecasts Global Oil Glut By 2030, But This Expert Predicts Fuel Shortage Instead: 'We Are Just Not On Track For That Rapid Decarbonization'
Thursday, June 13, 2024 - 6:32am | 625Read More...The International Energy Agency (IEA) forecasted that global oil markets are expected to experience a significant surplus by the end of this decade. However, Bob McNally, President of Rapidan Energy Group, warned of a potential shortage of transportation fuels by 2028. What Happened: During CNBC...
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Biden's 2024 Presidential Election Hopes In Doubt By Iran's '$6 Gas' Hormuz Gambit, Former Aide Warns
Wednesday, April 10, 2024 - 3:10am | 767Read More...Former energy advisor at the White House Bob McNally commented on the geopolitical tensions in the Middle East, emphasizing Iran’s influence over the United States through potential threats to the Hormuz Strait. What Happened: McNally highlighted the significant impact such actions could have...
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Analyst Sees Lower Crude Oil Prices In April
Wednesday, April 1, 2020 - 9:47am | 148Read More...Bob McNally of Rapidan Energy Group spoke on CNBC's "Squawk Box Asia" about crude oil and said he expects to see lower prices in April due to a collapse of demand for crude oil and an increase in supply for the commodity. April is going to be a cruel month in terms of oversupply...
