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By Phil Flynn |
October 17, 2012
There was one thing that the President had right in last night’s Presidential debate. The price of gasoline was low in the beginning of his presidency because the economy was tanking.
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By Dave Lindorff |
September 25, 2012
Researchers find 62% of derivatives used by oil and gas companies don’t qualify for hedge accounting.
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By Joe Carroll and Yuriy Humber, Bloomberg |
September 10, 2012
Transocean Ltd. agreed to sell most of its shallow-water drilling fleet for $1.05 billion as part of the company’s exit from the market for rigs propped up on steel legs that it created more than 50 years ago.
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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.
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By Joe Carroll, Bloomberg |
June 21, 2012
Chesapeake Energy Corp. named former ConocoPhillips Chairman Archie Dunham to lead its board as the second-largest U.S. natural-gas producer struggles with falling energy prices and mistrust of its management.
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By Ayesha Daya and Fred Pals, Bloomberg |
June 14, 2012
OPEC will probably maintain its production ceiling as concern that global growth is shrinking outweighs calls for supply cuts to stem sliding crude prices, six of the group’s 12 oil ministers said.
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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 Dominick Chirichella |
May 16, 2012
The fundamentals of oil are becoming more bearish as the inventories continue to build around the globe. The IEA reported last week that OECD inventories are now above the five year average while crude oil inventories in the US are at the highest level going back to the early 90s.
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By Dominick A. Chirichella |
March 21, 2012
With all of these announcements hitting the media airwaves on the same day it is obvious this was an orchestrated plan that likely started to be put in place last week when Obama met with Cameroon.
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By Phil Flynn |
January 19, 2012
Daily energy fundamentals from Phil Flynn
