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By Phil Flynn |
March 15, 2013
Natural gas surged to a 15-month high inspired by a bullish supply report from the EIA. While many attribute the surge in demand to all of the cold weather, just below the surface something much more significant is going on.
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By Lorraine Woellert, Bloomberg |
March 7, 2013
The number of Americans who filed for unemployment benefits declined to a six-week low, showing further improvement in the labor market.
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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 |
August 23, 2012
Oil imports plunged, falling dramatically catching traders by surprise and strong refinery runs led to a big drop in crude supply.
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By Eduard Gismatullin and Jeremy van Loon, Bloomberg |
May 22, 2012
Chad Porter wants to run his 18- wheeler trucks on frozen natural gas along a highway that crosses Canada’s Rocky mountains even before the world’s longest chain of refueling stations gets built to keep them fueled.
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By Phil Flynn |
March 20, 2012
Cushing stocks have risen at a pace five times faster than last year even as regional refineries have processed significantly more crude oil.