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By Phil Flynn |
May 14, 2013
Following several years of stronger-than-expected North American supply growth, the shockwaves of rising U.S. shale gas and light tight oil and Canadian oil sands production are reaching virtually all recesses of the global oil market.
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By James Paton, Laurie Hays and Soraya Permatasari, Bloomberg |
April 10, 2013
BHP Billiton Ltd., the biggest mining company, said the shale boom in the U.S. will spur an industrial revival and transform the world’s largest economy.
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By Phil Flynn |
March 7, 2013
As I have been writing, the best play in energy right now is the long end of natural gas. Out target of $7.00 minimum by 2015 is now being shared by many other outlets. Welcome to the club!
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By Elisabeth Behrmann |
January 22, 2013
The world’s largest mining company forecast 10% compound annual output growth to the end of fiscal 2014, boosted by increased volumes in iron ore, copper and petroleum.
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By Phil Flynn |
November 12, 2012
While the oil market is falling on fears of slowing growth and the possibility of going over the fiscal cliff in a barrel, long term the outlook for the US energy Industry is looking better all the time.
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By Canaccord Genuity Morning Coffee |
November 5, 2012
As reported by Reuters, Chevron Corp posted earnings that were much lower than expected as maintenance exacerbated a decline this year in oil and natural gas production.
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By Greg Quinn, Bloomberg |
October 31, 2012
Canada’s gross domestic product shrank for the first time in six months in August on mining maintenance shutdowns and lower factory production, signaling the expansion may remain subdued through the rest of the year.
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By Phil Flynn |
October 24, 2012
Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7% this year to an average of 10.9 million barrels per day.
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By Phil Burgert |
October 1, 2012
With the election almost upon us, traders and analysts weigh in on how its outcome may affect the currently oversupplied energy market as well as any potential geopolitical repercussions, which have been a major factor in recent years.
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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.