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By Phil Flynn |
May 2, 2013
The Energy Information Agency shocked the market by reporting that U.S. Crude supply increased by 6.7 million barrels putting supply at the highest level in 82 years. So much for that uptick in gasoline demand.
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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 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 Christine Buurma |
November 13, 2012
Natural gas futures rose to a one-year high in New York on speculation that U.S. inventories will drop for the first time this season.
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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 Brian K. Sullivan, Bloomberg |
April 18, 2012
A below-average Atlantic storm season in 2012 probably will provide little support for energy prices as natural gas trades at 10-year lows.