In The News

Wednesday, 05/02/2018

April 27, 2018 – Financial Times

Playing with fire: Iran deal looms over rising oil price

By Ed Crooks

Jerry Flory hates it when the price of oil goes up. The co-owner of Flory’s, a small, family chain of petrol stations and convenience stores about 40 miles north of New York, he says that when fuel prices rise customers look for someone to blame. The current targets include Congress, the Iraq war and the retailers.…

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Monday, 04/23/2018

April 19, 2018 – Natural Gas Intelligence

Natural Gas Futures Near Even as Another April Withdrawal Expected; Spot Prices Mixed

By Jeremiah Shelor

Analysts have been noting the pressure growing production out of the Permian Basin has been putting on takeaway capacity for crude and associated gas flowing out of the region.

Negative West Texas crude differentials to trading hubs in Cushing, OK, and the Gulf Coast have seen “at least a little relief in the past few days,” RBN Energy LLC analyst John Zanner wrote in a note to clients Tuesday...

Monday, 04/23/2018

April 18, 2018 – The Wall Street Journal

Is the U.S. Shale Boom Choking on Growth?

Permian basin, America’s fastest-growing oil field, is hitting its limits

By Alison Sider and Bradley Olson

The oil field at the heart of the U.S. shale boom is hitting the limits of its growth faster than anticipated, a surprise with big ramifications for energy profits and global markets.

The Permian basin of West Texas and New Mexico has been one of the few growth engines for oil production world-wide. The region’s output is on track to single-...

Tuesday, 04/17/2018

April 13, 2018 – InsideClimate News

Canada’s Struggling to Build Oil Pipelines, and That’s Starting to Hurt the Industry

By Nicholas Kusnetz

Protests by Canada’s First Nations and opposition from British Columbia have put another planned tar sands pipeline, Kinder Morgan’s Trans Mountain, in jeopardy.

When the pipeline company Kinder Morgan announced it was suspending work on a major Canadian project that has been delayed by protests and court challenges, it sparked talk of a crisis north of the border and fears that investors may flee...

Friday, 04/13/2018

April 11, 2018 – Natural Gas Intelligence

Natural Gas Futures Higher Amid Estimates for April Storage Withdrawal

By Jeremiah Shelor

Natural gas futures nosed higher Wednesday ahead of a government storage report expected to show a withdrawal for the first week of the injection season thanks to lingering April cold. Spot prices tumbled in the East amid moderating temperatures and falling demand, while SoCal Citygate eased off recent gains; the NGI National Spot Gas Average dropped 17 cents to $2.51/MMBtu.

The May contract settled at $2.675...