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By Joe Carroll and Edward Klump, Bloomberg |
June 14, 2013
The pioneers of America’s shale gas and oil revolution have done their work. Now it’s time for the factory crews to take over.
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By Phil Flynn |
June 11, 2013
The EIA shocked in a good way when they reported a major increase in global oil supply! According to that number and assuming the world consumes 19 million barrels of oil per day, we then have 497 years of oil left.
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By James Stafford |
June 5, 2013
Technology is what has driven the American oil and gas boom, and new advances are coming online constantly. It's enough to rival the Saudis, if the Kingdom allows it to happen.
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By Phil Flynn |
May 28, 2013
Oil prices overnight are up a touch led by an increase in Brent crude prices. OPEC meets this week and is still trying to grasp the impact of the U.S. shale gas revolution.
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By Stefan Nicola, Bloomberg |
May 23, 2013
German brewers called on Chancellor Angela Merkel’s government to block the tapping of shale gas by means of hydraulic fracturing, citing industry concerns that fracking could taint the purity of the country’s beer.
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By Phil Flynn |
April 30, 2013
Natural gas bears still bemoan the cold as it appears that gas prices have to continue to soar because winter refuses to go quietly. The market continues to rise to make sure we refill storage.
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By James Paton, Laurie Hays and Soraya Permatasari, Bloomberg |
April 10, 2013
BHP Billiton Ltd., the biggest mining company, said the shale boom in the U.S. will spur an industrial revival and transform the world’s largest economy.
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By Phil Flynn |
March 28, 2013
It is absolutely amazing the way the energy world has been transformed in recent years — so much so that many are calling for the End of An Era for oil because of natural gas.
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By Phil Flynn |
March 14, 2013
In the past when OPEC’s back has been against the wall, like the late-1990s, energy prices and demand rebounded to save them from the ash heap of history. Yet this time may be different. Why? Because OPEC is not the only game in town!
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By Phil Flynn |
February 28, 2013
If almost on cue and just as I said one day earlier, gas confirmed a major top and we got a wild drop against a back drop of some historic numbers on U.S. oil production!