G. Allen Brooks

G. Allen Brooks

oharber@example.org

G. Allen Brooks currently works as a consultant for the strategic oilfield and finance industries and is a regular contributor to The Maritime Executive magazine. Over his 40 year career in energy and investment he has served as an energy security analyst, oil service company manager, and as a member of the board of directors for multiple oilfield service companies.

Eye on Energy

Saudi Arabia: The Sisyphus of Oil?

By G. Allen Brooks 2017-12-04 10:27:36

In Greek mythology Sisyphus was the king of Ephyra – modern-day Corinth. He was a sly and deceitful ruler who murdered travelers that came to his realm while engaging in other nefarious acts that angered Zeus, the ruler of all...

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Eye on Energy

Mixed Signals

By G. Allen Brooks 2017-11-17 14:51:13

We are rapidly approaching the midpoint of the initial term of the OPEC production cut agreed to last November. Initial reports are that the 11 member countries party to the agreement have demonstrated very strong compliance. In fact, a report...

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Eye on Energy

Oil Price Blues

By G. Allen Brooks 2017-10-12 11:08:26

The recent World Petroleum Congress in Istanbul ended with an outpouring of negativism about the industry’s future. The negativism was characterized by the “lower forever oil price” outlook decreed by Dinesh Kumar Sarraf, Chairman of India’s state-run Oil & Natural...

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Oil Barrell

OPEC'S Recurring Nightmare

By G. Allen Brooks 2017-07-18 13:55:34

AMERICAN SHALE HAS BECOME THE FREDDIE KRUEGER OF OPEC. On May 25 oil ministers from the Organization of Petroleum Exporting Countries (OPEC) will assemble in Vienna for the 172nd Ordinary Meeting of the 57-year-old organization. At...

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road to recovery

Road to Recovery

By G. Allen Brooks 2017-04-28 14:16:02

From January/February 2017 Edition OIL PRICES FINALLY REBOUND AFTER A DECADE OF DECLINE Crude oil was the worst performing asset class over the last decade according to John Authers of the Financial Times. In 2007, investing...

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 Khalid Al-Falih

OPEC and the Elephant in the Room

By G. Allen Brooks 2017-03-05 19:10:13

As oil ministers haggle over the size of an output cut, the threat of recession looms. Saudi Arabia’s oil minister Khalid Al-Falih has signaled that his country is prepared to cooperate with other OPEC members to cap the organization’s...

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EOE

Uncertainty Ahead

By G. Allen Brooks 2016-12-04 15:51:58

It’s hard to predict the energy market in a year filled with political and economic surprises. Energy demand is a function of economic health. Economic health is driven by the workings of society. Society, in turn, is shaped by...

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Eye on Energy

"Lower for Longer" - Again

By G. Allen Brooks 2016-12-02 17:00:10

The oil industry doesn’t want to hear these messages. Two years ago the idea that global oil prices would be “lower for longer,” espoused by various energy company CEOs, was considered unrealistic by most in the industry. After...

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great

Turmoil in the Desert

By G. Allen Brooks 2016-07-12 20:42:36

Saudi Arabia’s struggles unhinge global oil markets. Since oil was discovered in the Middle East in 1908, the region’s importance within the global petroleum industry has mushroomed. Middle Eastern oil gradually supplanted Russian oil and eventually even the prolific...

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great

Is There Light at the End of the Oil Price Tunnel?

By G. Allen Brooks 2016-05-20 19:31:21

A new report from the IEA raises hopes. Global oil prices have soared nearly 50 percent since early February on hopes that the collapse in oil industry spending in 2015 and continuing into 2016 will finally lead to a...

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