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By Phil Flynn |
November 9, 2012
As we head towards the fiscal cliff and the markets from gold to bonds to stocks to oil start to price in a recession, the question becomes, just whose recession is it anyway?
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By Heather Walsh, Bloomberg |
October 18, 2012
Colombia, the fastest-growing major oil producer in Latin America in the past five years, is looking to join the global shale boom as it expands exploration in areas once dominated by guerrilla groups.
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By Phil Flynn |
October 16, 2012
So Greece is getting cash and Spain is going to ask for help, so sit back and get ready for a bailout bounce. While demand expectations have taken a hit, will it matter if the risk play comes back on?
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By David Wethe, Bloomberg |
October 15, 2012
The U.S. shale boom is turning into a bust for companies that provide drilling services as the number of rigs seeking natural gas has fallen faster than any time in the last 24 years.
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By Moming Zhou, Bloomberg |
September 14, 2012
The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a 14-year low because of the increase in onshore shale production.
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By Dan Murtaugh, Bloomberg |
September 7, 2012
The U.S. shale boom has driven the cost of Gulf Coast light, sweet oil to its lowest level versus Brent crude in almost a quarter century as the nation’s dependence on foreign supplies wanes.
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By Kasia Klimasinska, Bloomberg |
August 23, 2012
A boom in oil production from the shale formations of North Dakota and Texas has the U.S. on a course to cut its reliance on imported crude oil to about 42 percent this year, the lowest level in two decades.
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By Phil Flynn |
April 11, 2012
The EIA dramatically lowered their second-quarter average Henry Hub spot price prediction by 28.9% to $2.20 per million BTU’s. That is down from last month’s $3.10 prediction.
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By Phil Flynn |
April 3, 2012
The natural gas market is running out of space to put supply and the system will soon get clogged so it is becoming more obvious that the only thing that can fix this market is perhaps an epic price collapse.
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By Mark Drajem, Bloomberg |
March 30, 2012
Tests by the Environmental Protection Agency of water in Dimock, Pennsylvania, found elevated levels of methane consistent with leakage from gas drilling nearby, according to scientists who reviewed the data.
