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By Phil Flynn |
January 9, 2013
Sometimes statistics lie and liars use statistics, yet when it comes to the shale gas revolution the numbers are saying that the energy world has changed forever.
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By Shobhana Chandra, Bloomberg |
December 11, 2012
Job openings in the U.S. rose to a four-month high in October, showing companies kept expanding in the face of looming tax increases and budget cuts.
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By Lorraine Woellert, Bloomberg |
December 11, 2012
The trade deficit in the U.S. widened in October as the biggest slump in exports in almost four years outweighed a drop in imports, evidence of the slowdown in global growth.
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By Alex Kowalski, Bloomberg |
November 8, 2012
The U.S. trade deficit unexpectedly narrowed in September to the lowest level in almost two years as exports climbed to a record.
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By Phil Flynn |
September 27, 2012
US oil production last week hit the highest level since January 1997! Not only that, but America, in the first six months of this year, met 83% of its energy needs with its own domestic production.
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By Daniel Cancel and Charlie Devereux, Bloomberg |
August 28, 2012
Venezuelan authorities will turn their attention to resuming production at the country’s biggest refinery after putting out fires at fuel storage tanks.
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By Daniel Cancel, Bloomberg |
August 27, 2012
A blaze at Venezuela’s largest refinery spread to a third storage tank as firefighters try to contain flames burning since an Aug. 25 gas explosion killed at least 48 people.
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By Kasia Klimasinska, Bloomberg |
August 23, 2012
A boom in oil production from the shale formations of North Dakota and Texas has the U.S. on a course to cut its reliance on imported crude oil to about 42 percent this year, the lowest level in two decades.
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By Lorraine Woellert, Bloomberg |
August 2, 2012
Orders placed with U.S. factories unexpectedly declined in June, reflecting less demand for business equipment and the biggest decrease in bookings for non- durable goods in more than three years.
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By Phil Flynn |
July 27, 2012
Mr. Mario Draghi, head of the European Central Bank, drug the oil market out of its renewed bearish malaise with a promise to do whatever it takes to save the euro.
