U.S. oil production is slated to peak by around 2020. In contrast, natural gas production should continue climbing until 2040. The price of natural gas will likely also climb from current low levels. Today, crude oil is more profitable than natural gas. In the long run, will natural gas be the investment of choice?
The takeover of Crimea by Russia is nearly complete. All that remains is the final vote on March 16. There would not be a vote if the outcome was uncertain.Troops Install Minefields, Border Markers in CrimeaBloomberg reports Pro-Russia Forces Occupy Ukraine as Separatist Vote Looms. Show More Summary
By Gabe Ortt: Peabody Energy (BTU) is planning to increase its thermal coal production this year to meet the growing demand for coal among U.S. thermal power plants because of rise in natural gas prices. The company's operation cost per ton is also expected to decline this year due to improvement in productivity. Show More Summary
By Michael Fitzsimmons: ExxonMobil (XOM) has been a very frustrating stock to own since the XTO takeover. While the price of domestic natural gas has been abnormally low for years, it alone cannot explain the severe under performance of XOM during the current bull market. Show More Summary
Would you like to play games before they’re even released to the public? With Steam Early Access, you can! The service grants you paid access to games that are still in development for a price that’s usually cheaper than what the game would cost at launch. Show More Summary
Even with rising natural gas prices giving coal new life, the industry still has its enemies.
With the recent surge in natural gas prices and major efficiency improvements, Chesapeake’s Haynesville shale assets can now generate more competitive rates of return.
Soaring natural gas prices, increasing economic activity, and dwindling domestic supply are a trio of reasons for why coal may make a major comeback this year.
If it seems like you're spending more each time you fill your tank, it probably isn't just your imagination. Gas prices have continued to climb nationally, and some states are experiencing significant increases on a weekly basis. Fuel Efficiency News...
Originally published on RenewEconomy. The relentless surge of gas prices that are bound to occur as Australia ramps up its new LNG export capacity on the eastern seaboard has barely begun, but already it is having a devastating impact on the country’s electricity markets. Show More Summary
(Reuters) - Oil and gas giants Chesapeake Energy and Encana Corp were charged on Wednesday with colluding to keep oil and gas lease prices artificially low in Michigan, state Attorney General Bill Schuette said.
When markets became jittery over the situation in Ukraine earlier this week, European natural gas prices surged. The thought was that a conflict between Russia and Ukraine would disrupt gas distribution in Europe, since Russia is such a major exporter. Show More Summary
ByValue Digger: Introduction In one of my latest articles and when the natural gas price was hovering at $6.1/MMbtu, I made a bearish call on natural gas. In that bearish article, I presented the big picture of the natural gas market that translated into 12 reasons why the natural gas bubble was about to burst. Show More Summary
By Matthew Smith: With the situation in Eastern Europe appearing to have calmed down, commodity prices are weakening as well. Natural gas is falling as temperatures in the United States continue to rise in most of the country and oil is weaker after the inventory numbers today. Show More Summary
By Tom Burnett: On Feb. 13, 2014, Encana (ECA) reported fourth-quarter and full-year 2013 operating results. The company reported a per share net loss of $0.34 for the quarter and net income per share of $0.32 for the full year. On an...Show More Summary
It's not just gas and movie tickets that keep getting more expensive, the price of luxury goods is rising too. According to a recent Wall Street Journal article, Chanel quilted bags have gone up in price by 70% over the past five years,...Show More Summary
Gas, food prices remain vulnerable despite easing military danger With fear of a shooting war in Ukraine easing Tuesday, stocks worldwide surged in relief and the Dow Jones industrial average climbed more than 227 points.
This one should be intuitive: with Ukraine scrambling to load up on natgas ahead of the price surge once Gazprom ends its discount pricing, and unclear what if any access it will have to Russian gas in the future and at what cost, it...Show More Summary