By Hard Assets Investor: Energy analyst discusses the outlook for natural gas and oil. Phil Flynn is senior energy analyst and a futures account executive at Chicago-based The Price Futures Group. He is one of the world's leading energy...Show More Summary
A number of investors have subscribed to the theory that we are entering a new era of global energy abundance, led by technological advances in horizontal drilling and hydraulic fracturing. The domestic price of natural gas in the U.S. has plummeted, and...
By Matthew Smith: There continues to be a failure to communicate with physical oil and the oil equities. Each move higher in WTI and Brent prices has not been met with a follow through move in the oil equities, although one can say that oil equities at least appear to have bottomed out. Show More Summary
And if global demand continues to outstrip global supply, high prices aren't going anywhere. The post Oil Demand This Year And Next Will Be Higher Than Previously Thought appeared first on ThinkProgress.
Diminishing Returns, Energy Return on Energy Invested, and Collapse | Our Finite World: "The situation we are facing now is different. High oil prices–even in the $100 barrel range–tend to push the economy toward contraction, making debt hard to pay back. Show More Summary
News of Iran's potential slow ramp up of oil supply resounded with a downward small ping in prices in late November, later to bounce back based on supply realities and economic growth. At the same time, Iraqi oil supply keeps increasing, averaging about 3 million barrels per day, a new high in the last 20 years. Show More Summary
Like the price of a barrel of oil, AT&T backhaul rates affect everyone—even you.
By Matthew Smith: Today is the first day we are seeing some follow through with the E&P names. Oil and natural gas prices have been trending steadily higher and yet the equities have been laggards. We have had a couple of head fakesShow More Summary
By David White: Bill Barrett Corp. (BBG) has historically been a natural gas E & P company. More recently with the low natural gas prices, BBG has moved aggressively into oil E & P. In Q3 2013 56% of pre-hedged revenues came from oil sales. Show More Summary
I remember the conversation well. It was late summer in 2008 and the price of crude oil had exploded above $100 per barrel. I was having lunch in mid-town Manhattan with a reporter, Bryan Wingfield. I had just begun reading about the field of synthetic biology and a clutch of biofuels start-up companies who believed [...]
Oil prices rebounded following a heavy fall for Brent crude the previous day, while OPEC maintained its forecast for the growth of world oil demand. ||| London - Oil prices rebounded on Tuesday following a heavy fall for Brent crude the previous day, while OPEC maintained its forecast for the growth of world oil demand. Show More Summary
LONDON (Reuters) - OPEC has trimmed its crude oil output towards next year's global requirement, the exporter group said on Tuesday, further whittling away at a supply surplus that could weigh on prices.
Oppenheimer oil analyst Fadel Gheit believes oil prices are in a bubble. Gheit says 20-30% of the current oil price reflects a "supply risk premium" that will disappear when Iran's nuclear issue is finally resolved. "We believe the current...Show More Summary
More than two dozen of the nation's biggest corporations, including the five major oil companies, are planning their future growth on the expectation that the government will force them to pay a price for carbon pollution as a way to control global warming. Show More Summary
Walmart, BP, ExxonMobil, General Electric and about two dozen other major US companies have already integrated a price on carbon emissions into their long-term business plans, according to a CDP report. In 2013, 28 companies based or operating in the US disclosed that they use an internal carbon price in their financial planning, CDP says. […]
By Caiman Valores: The Canadian oil and gas E&P sector continues to appear cheap with a number of companies trading well below their fair-value creating a number of opportunities for investors. A combination of higher crude prices, growing...Show More Summary
Iran indirectly challenged OPEC kingpin Saudi Arabia on Wednesday, announcing plans to pump as much oil as it can if sanctions on its crude exports are lifted, even if its extra output drives prices into the basement. The comments by Bijan Namdar Zanganeh, Iran’s oil minister, reflected Tehran’s determination to regain its global role as [...]
By Matthew Smith: Oil prices continue to rally, with the catalyst today being two-fold. First it appears that the Saudis are set to keep the OPEC quotas in place and may even look to lower their production levels in order to offset increases in Iraqi and Iranian crude that those countries seem likely to produce above their quotas. Show More Summary
AN ENERGY analyst discusses what is driving the commodity's high price and why Big Oil hasn't been faring well
Following an initial nuclear deal between Tehran and the West, Iran is planning to ramp up its oil production, its oil minister says. "We will produce 4 million even if the price drops to $20," says Bijan Namdar Zanganeh. That's about a sixth of the current price, and it would...