Energy

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Canada Buys Kinder Morgan’s Trans Mountain Pipeline System

Kinder Morgan's Canadian subsidiary has sold the troubled Trans Mountain pipeline system and expansion project to Canada's federal government. The government plans to sell the assets as soon as it finds a buyer.

Paul Ausick · 8 years ago

More Forecasters See Potential for $100 Oil

The series of analysts who believe oil could reach $100 this year seems to grow weekly. Whatever the pace, the chance of $100 oil is back on the table for the first times in…

Douglas A. McIntyre · 8 years ago

Gas Prices Up 25% Since Last Memorial Day

The average price for a gallon of regular gas has reached $2.97 as the Memorial Day holiday weekend begins. Even though crude oil prices plunged on Friday, prices are likely to remain elevated and…

Paul Ausick · 8 years ago

Shell Adds Another Well to Gulf of Mexico Play

Royal Dutch Shell has announced a major oil discovery in the U.S. Gulf of Mexico about 170 miles southeast of New Orleans. The company expects to begin production by late next year.

Paul Ausick · 8 years ago

Natural Gas Price Ticks Higher on Inventory Rise

The amount of natural gas in U.S. storage rose by 91 billion cubic feet last week, right inline with analysts expectations. Prices had been rising sharply this week as hot weather raised demand for…

Paul Ausick · 8 years ago