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Posts related to ‘Oil & Gas’

Iran Talks Fail, Another Meeting Scheduled

Posted: May 25, 2012 at 8:09 am

Negotiations between Iran and the P5+1 -- the US, the UK, France, China, Russia, and Germany -- ended in failure yesterday. The six-nation team sought an end to Iran’s nuclear ...
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Chesapeake Plans to Shed More Assets

Posted: May 24, 2012 at 2:27 pm

Natural gas producer Chesapeake Energy Corp. (NYSE: CHK) has reportedly struck a deal to sell about 504,000 net acres of leasehold in the northern part of the Denver-Julesburg (DJ) basin, ...
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Natural Gas Inventories Rise, Price Falls

Posted: May 24, 2012 at 11:33 am

The US Energy Information Administration today reported the US natural gas stocks rose by a total of 77 billion cubic feet, in line with a 75-79 billion cubic feet increase ...
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BP Gets OK to Refine Oil Sands Crude in Indiana

Posted: May 24, 2012 at 8:37 am

The sixth-largest crude refinery in the US, in Whiting, Indiana, has the capacity to turn more than 400,000 barrels/day of crude into useful products like gasoline and jet fuel. BP ...
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US Carbon Emissions Falling on Natural Gas Boom

Posted: May 24, 2012 at 7:35 am

The rise in US natural gas production from shale has cut the use of coal as a power generation fuel by about 20%. Natural gas, which emits about half the ...
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Oil And Gas Dip More

Posted: May 24, 2012 at 6:13 am

Oil has hit an extraordinarily low price, below $90 for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from ...
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When Will Low Oil Help Airlines Out? (UAL, DAL, LCC, LUV, JBLU)

Posted: May 23, 2012 at 2:53 pm

Oil is tanking behind Europe, commodity inventories are up, and refineries are running at very high historic levels.  And guess what, airplanes are full, fares are up, carriers are passing ...
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US Crude Oil Inventories Rise Slightly, Gasoline Prices Continue Sliding

Posted: May 23, 2012 at 2:29 pm

The US Energy Information Administration (EIA) released its weekly petroleum status report this morning. US commercial crude inventories increased by 900,000 barrels last week, bringing the total US commercial crude ...
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MLP Investors Have to Weigh Risks vs. Rewards This Summer (EPD, KMP, PAA, OKS, ETP, EEP, AMJ, AMLP, KYN)

Posted: May 23, 2012 at 8:01 am

The world of master limited partnerships (MLPs) has brought great reward to investors in recent years. 24/7 Wall St. wants to know if the enthusiasm can stay in this sector ...
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Oil Breaks Under $92/Barrel (USO)

Posted: May 22, 2012 at 2:59 pm

NYMEX Crude keeps listing lower and lower.  This seems odd considering that the Memorial Day weekend ahead is supposed to mark the official start of the summer driving season.  The ...
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Work Hard and Strike Oil

Posted: May 22, 2012 at 1:46 pm

Research firm IHS Global Insight reports new data showing that four states -- Alaska, Louisiana, North Dakota, and Texas -- have or will soon post unemployment rates equal to or ...
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After the Fall: Value in Oil Stocks (XOM, CVX, BP, SLB, HAL, BHI, VLO, MPC, TSO, OIH, XOP)

Posted: May 22, 2012 at 11:11 am

The month-long slide in crude oil prices has chopped the share price of many of the biggest names in the oil patch. Exxon Mobil Corp. (NYSE: XOM) is about -4% ...
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Coal, Natural Gas Reaching Price Parity (XOM, CHK, EOG, CNX, BTU, ANR, ACI)

Posted: May 22, 2012 at 8:58 am

Natural gas prices have been rising, getting to around $2.75/thousand cubic feet last week before falling back a little to around $2.69. At this level, coal once again enters the ...
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Nuclear Agency Deal with Iran Cuts Crude Price

Posted: May 22, 2012 at 7:26 am

The International Atomic Energy Agency (IAEA) and the government of Iran have agreed to a new inspection plan that gives the IAEA access to previously closed Iranian nuclear development facilities. ...
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Insider Buy at Continental Resources Less Than Meets the Eye

Posted: May 21, 2012 at 11:35 am

When a CEO lays out good money to purchase shares of his company at market prices, that’s usually a positive signal to shareholders. Such is the case with Continental Resources ...
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