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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.
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By Phil Flynn |
September 4, 2012
Of the 11 Gulf Coast refineries affected by Isaac-related flooding and power outages, one has returned to normal operation and nine others are restarting or operating at reduced rates.
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By Phil Flynn |
August 31, 2012
Ben Bernanke and his Jackson Hole speech may overshadow news coming from the aftermath of Hurricane Isaac, yet it is in Russia that America’s new shale gas revolution is shaking things up.
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By Phil Flynn |
August 29, 2012
Hurricane Isaac makes a second landfall at Port Fourchon, La. and it is becoming clearer that the threat from this slow moving storm may not come from the winds but the potential flooding.
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By Phil Flynn |
August 27, 2012
Wind and rain and Isaac have taken a nasty turn right into the heart of Gulf oil production. State of emergency and evacuation orders are in place along the Gulf oil and refining areas.
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By Phil Flynn |
August 9, 2012
The stock market and the oil market has been moving on hopes that the Fed, ECB and China are getting ready to ease on down the road and in fact they have been banking on it.
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By Canaccord Genuity Morning Coffee |
August 8, 2012
Chesapeake Energy posted a sharp uptick in second-quarter earnings as it benefited from the sale of assets in Chesapeake Midstream Partners, as well as one-time non-cash gains from hedging activities.
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By Phil Flynn |
June 6, 2012
While Europe may debate the merits of fracking, the U.S. with its increase in unconventional supply will now be less impacted by another far off energy cartel.
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By Mark Drajem, Bloomberg |
May 9, 2012
Huddled around the West Wing table were an unlikely group of co-conspirators with the administration of U.S. President Barack Obama.
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By Asjylyn Loder, Bloomberg |
May 2, 2012
John Arnold, the hedge-fund manager who became a billionaire betting on natural gas prices, is closing his Fund
