If you drive a Tesla, Leaf or a Volt, you may not have been to a gas pump lately. For the rest of us you’re probably wondering how in the Hell did he get it so wrong! There are some pretty amazing things happening in the oil industry,...Show More Summary
Wake of the Flood, 9x12 oil plein airby Michael Chesley Johnson Above is a painting I made yesterday after three days of late winter rains caused Oak Creek to flood. The sun came out, the water receded, and the birds began to sing again. Show More Summary
Egypt aimed to fully repay its $3.1 billion (R36.2bn) debt to foreign oil and gas companies by the middle of next year, around a year later than previously indicated, the oil ministry said this week. ||| Egypt aimed to fully repay its...Show More Summary
Two trash and recycling companies are expanding into oil field waste removal. Is it buying at the lows, late to the party, or preparing for the future?
Fear blew in fierce over a patch of West Texas late last year, falling fast and without warning through gray skies to alight on the shoulders of men and women who depend on oil for their livelihoods.
The price of oil in global markets has plunged by nearly 45 percent over the past six months. As a result, the price of a gallon of regular gasoline in the U.S. dropped from $3.68 in June to $2.37 in late December. In June, the U.S.Show More Summary
By Rania El Gamal and Angus McDowall RIYADH (Reuters) - Saudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the monarch's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed. Show More Summary
Rachel Maddow and Wall Street Journal senior energy reporter Russell Gold discuss if new oil train safety regulations will be enough to prevent disasters...
INFLATION rates around the world have been sinking over the last three years. Pervasive economic weakness in the rich world and a slowdown in Chinese growth drove the initial decline. Lately tumbling oil prices have helped to push inflation into negative territory across much of the euro area. Show More Summary
Late last November, the tanker Olympic Flag carrying 650,000 barrels of Angolan crude dropped anchor about 7 miles off the coast in Delaware Bay, a seemingly routine
Oil prices have been volatile of late, but a number of banks and commenters have said that oil prices are going lower. In its half-year earnings release on Monday, Australian mining giant told the market exactly why: In response to weaker...Show More Summary
Submitted by Jeffrey Snider via Alhambra Investment Partners, Crude oil futures have been quite volatile of late, particularly in the front months where even the slightest changes in expectations of whatever factor (rig counts, CEO comments, etc.) send WTI surging or tumbling by turn. Show More Summary
Late last November, the tanker Olympic Flag carrying 650,000 barrels of Angolan crude dropped anchor about 7 miles off the coast in Delaware Bay, a seemingly routine shipment destined for a nearby Philadelphia refinery. The post Oil tankers Idle for Months off Delaware Waters, Puzzling Some appeared first on gCaptain Maritime & Offshore News.
Indonesia’s surprise rate cut late yesterday shows just how far oil’s fall this year has changed the equation for central banks, even one saddled with typically high inflation.
Lately, I've blogged a lot about mental health (and the two books I've done on that topic), but today I'm going to switch gears. For optimum mental health, I've learned I need to have hobbies or interests. One of those interests is getting my 401K (which is technically now an IRA) to grow in the midst of a turbulent market. Show More Summary
By Svea Herbst-Bayliss BOSTON (Reuters) - Prominent investors ranging from Leon Cooperman and Steven A. Cohen have long liked exploration and production companies, but when tumbling oil prices wreaked havoc on their share prices late last year, hedge fund billionaires scrambled for the exits. Show More Summary
After falling nearly 60 percent from a peak last June, the price of oil has now bounced back 19 percent since late January
HOUSTON (Reuters) - The United Steelworkers union confirmed late on Thursday that it has told local unions to reject a sixth contract offer made by Shell Oil Company to U.S. refinery workers. Sources had said earlier on Thursday the national union would recommend locals vote against it. Show More Summary
The “socialist paradise” promised by late Venezuelan dictator Hugo Chavez has quickly turned into a nightmare as oil prices plunged.
A 9-year-old Texas girl will testify before state lawmakers on behalf of a bill legalizing cannabis oil that was introduced too late for her to continue living in the state, WFAA-TV reported.. “Medical cannabis will help me,” Alexis Bortell said. “It’s illegal in Texas, and...