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Oil demand and electric cars: A disjointed dilemma

With the automotive industry tipped as ripe for disruption and a growing imperative to rein in climate change, the recent rise of electric cars has sparked both excitement and angst of late within the global energy industry. TougherShow More Summary

Are Energy Stocks Worth Buying Now?

Crude oil is quite volatile lately. Our crude oil forecast for 2017 was rather neutral. With that in mind, are energy stocks worth buying or not? First, we do not see crude oil breaking out significantly, it could rise to the 65 to 70 area in the best case scenario, where it will meet secular resistance. Show More Summary

Why the OPEC Oil Deal Is Now in Doubt

The OPEC oil deal has been dictating crude prices lately. But even as the cartel prepares to engineer the deal, these two factors still threaten its success. Tags: OPEC meeting To get full access to all Money Morning content, click here About...Show More Summary

Tear Gas, Water Cannons Used on Dakota Pipeline Protesters

Police fired tear gas and water at hundreds of protesters in North Dakota opposed to an oil pipeline in freezing weather late Sunday and early Monday, in the latest violent clash between law enforcement and activists over the $3.7 billion...Show More Summary

Oil is hanging onto yesterday's big gains

Oil is creeping higher on Wednesday morning, after prices exploded upwards late on Tuesday. Crude leapt over 4% on Tuesday after a Reuters story raised expectations that the OPEC nations will agree production cuts. Reuters reported that...Show More Summary

"They're Buying Everything" - Stocks, Bonds, Oil Surge As VIX Tumbles To 13 Handle

This... It appears today was the "opposites" Day After days of carnage, the Mexican Peso surged After a meltup, US financials tumbled (but were magically bid late on to close green The divergence between Nasdaq and Dow began to close After...Show More Summary

Midday report: Stocks mostly higher as rising oil boosts energy sector

The S&P 500 shook off recent pressure to move higher as rising crude oil gave the energy sector a big boost. A rebound rally in crude put it on track for its best daily percentage gain since late September. Video provided by TheStreet        

Oil Is Heading Back To $20s

Oil bulls had a good ride in the last eight months. The black gold rallied, from mid-$20s in January to the mid-$50s in late October. But economic fundamentals have turned bumpy for oil bulls in the last couple of weeks, with oil heading towards the $40-mark rather than the $60-mark [...]

Trailer: The Evil Within is a twisted nightmare from a deceased Getty heir

Straight from AFM to your nightmares, THE EVIL WITHIN is a massively unique-looking horror project. The writing and directorial debut of the late Andrew Getty, grandson of oil magnate J. Paul Getty, this passion project has been in development for over a decade. Show More Summary

Delta Has Managed Capacity In The Face Of Rising Competition & Increasing Pressure On Unit Revenues

Burdened by debt and strapped for cash, U.S. airlines saw their fortunes reverse in late 2013, as crude oil prices crashed. This meant that the carriers could now pay their debt, upgrade their old and inefficient fleet, and use their savings on fuel to expand capacity. As a result, 2014 turned out to be one […]

Here's why the Legislature's moderate Democrats see the 'Mod Squad' growing on election day

Late last year, after a group of self-described moderate Democrats successfully watered down a landmark climate change bill pushed by Gov. Jerry Brown and fiercely opposed by the oil lobby, a flurry of headlines trumpeted the rise of the so-called Mod Squad in Sacramento. But 2016 has not been...

I Paid A Bribe, Former Unaoil Employee Told FBI

last monthNews : Huffington Post

Late one summer night in 2009, Lindsey Mitchell, a manager for the Monaco-based oil services firm Unaoil, parked his SUV in a dark lot outside a coffeehouse in Tripoli, Libya. A man was waiting there. He was a production manager for Waha, a subsidiary of Libya’s state-owned oil company. The Waha official handed Mitchell a thick envelope. Show More Summary

The Oil And Gas Situation - End Of October Edition

In what was possibly the most highly-predictable oil-related story of the year, the deal in-principle announced in late September by OPEC to reduce the cartel's overall oil exports is beginning to show signs of fraying at the edges.Show More Summary

You Should Probably Be Using a Retinol Oil Right Now if You Want to Stave Off Wrinkles

Retinol, the over-the-counter vitamin-A derivative that has long been lauded for its anti-aging properties, has taken on a different form of late. Traditionally delivered to the skin via creams, the anti-wrinkle ingredient has founds its way into a slew of face oils that claim to coddle the skin as... Continue reading

Enterprise's Seaway Crude pipeline system shut after Cushing, Oklahoma spill

(Reuters) - A leak late on Sunday prompted Enterprise Products Partners to shut its Seaway Crude Pipeline system, the largest conduit for moving oil from the major storage hub in Cushing, Oklahoma to Gulf coast refineries.

Napa's Increasingly Attractive Neighbour

2 months agoFood & Drink / Wine : Vinography

In the late 1970s, geophysicist Marion King Hubbard introduced the world to a concept that later became known as 'peak oil', a shorthand name for the implications of his theory on when the maximum extraction of petroleum would be reached and then fall into steep decline. Show More Summary

Prosecutors Changing Charges Against Reporter To 'Rioting' Because Her Coverage Was Sympathetic To Protestors

2 months agoIndustries / Law : Techdirt

On Friday, we wrote about the ridiculous arrest warrant for reporter Amy Goodman for reporting on the protests over the North Dakota oil pipeline. At the time, the charges against Goodman were apparently for trespassing, but late on Friday, the state's attorney alerted Goodman's lawyer that they were now actually trying to charge her with rioting. Show More Summary

You're Welcome, America! - Signed, Fracking

The key to unlocking America's vast shale oil and natural gas resources was only perfected in the late 1990s, when Mitchell Energy successfully wedded Fracking with the less-heralded technology of horizontal drilling. The initial result was the rapid development of the Barnett Shale natural gas resource in North Texas. Show More Summary

Diesel Spill on Texas’ Intracoastal Waterway After Towing Vessel Hits Dock

2 months agoVehicles / Watercraft : gCaptain

The U.S. Coast Guard was responding Wednesday to an oil spill on the Intracoastal Waterway near South Padre Island, Texas after a towing vessel struck a dock at a Subsea7 facility late Tuesday night. Watchstanders at Sector Corpus Christi received a report that the uninspected towing vessel Capt. Show More Summary

Are Saudi Arabia and OPEC Trying To Fool The Oil Market, Again?

Saudi Arabia and OPEC appear to be on a new mission lately:to fool oil markets. On the one side they are talking the market up by promising output cuts that would boost oil prices. An optimistic Saudi oil minister sees oil reaching $60 by the year's end. On the other side, recent [...]

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