Why petrostates are in peril and frackers are on firmer ground—in one simple chart.

Beijing is snatching up record volumes of crude not just from the U.S., but from West Africa, and the North Sea as well.

New shipping data suggests they might be to some extent.

Around the country, breakeven costs keep coming down.

OPEC and co. hardly have a choice in the matter.

Riyadh is effectively ceding market share directly to US frackers.

It’s a bad time to be a petrostate.

You don’t say…

US imports of Middle Eastern crude are set to drop, and our exports just hit a 24 year high.

They’re cutting consumption at home to keep exports up.