-
By Phil Flynn |
October 29, 2012
As the East Coast and the largest city in the United States, New York, gets ready for Franken-storm, the energy markets will price in the risk and the balance between lost supply and the destruction of demand.
-
By Mark Shenk and Moming Zhou, Bloomberg |
October 26, 2012
Oil pared a second weekly loss, rising with gasoline and heating oil on concern that Hurricane Sandy will disrupt East Coast refinery production and as the U.S. economy showed signs of growth.
-
By Phil Flynn |
October 26, 2012
Hurricane Sandy is far from a dandy, threatening to be one of the worst storms in history. Because it will blow away ghosts and goblins it is being called the “Frankenstorm.” It will also blow energy demand.
-
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.
-
By Phil Flynn |
September 6, 2012
As of yesterday the Bureau of Safety and Environmental Enforcement said that from operator reports, it is estimated that approximately 49.33% of the current daily oil production in the Gulf of Mexico has been shut-in.
-
By Kasia Klimasinska, Bloomberg |
August 28, 2012
Rising gasoline prices and production cuts tied to a tropical storm churning through the Gulf of Mexico have some energy analysts predicting the U.S. will announce a release from its Strategic Petroleum Reserve.
-
By Naureen S. Malik, Bloomberg |
August 27, 2012
Natural gas fell to a two-month low in New York on speculation that production cuts in the Gulf of Mexico because of Tropical Storm Isaac will do little to ease a supply glut.
-
By Dominick Chirichella |
August 22, 2012
At the moment there is an ample supply of crude oil in the world but refined product inventories in the United States have been running below the five-year average
-
By Phil Flynn |
August 3, 2012
Natural gas has been riding the thermometer and after a larger than expected injection and some forecasts that the heat wave is going to end, the focus came back to the fact that supply is 17.2% above the five year average.
-
By Ayesha Daya, Bloomberg |
June 26, 2012
Oil was little changed in New York after a storm avoided the Gulf of Mexico’s energy-producing area and amid speculation European leaders will fail to stem its debt crisis that threatens to curb fuel demand.
