In The News

Oil terminal proposal a matter of timing
Monday, 05/02/2016

May 1, 2016 – The Columbian

Oil terminal proposal a matter of timing

by Brooks Johnson

Is the oil-by-rail terminal proposed at the Port of Vancouver economically viable today? What about in 2020? Analysts say it’s anybody’s guess

Stripped bare, the effort to build the nation’s largest rail-to-marine oil terminal at the Port of Vancouver is about money. Tesoro Corp. and Savage Cos. intend to make plenty of it, and they promise the community will get plenty too.

Surely the companies calculated when they launched this...

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U.S. exports oil to Europe after forty-year ban
Friday, 04/29/2016

April 28, 2016 – The Carroll News

U.S. exports oil to Europe after forty-year ban

by Nicole Spindler

The ink is barely dry on legislation to lift a forty-year old ban on exporting U.S. crude oil and American energy companies are already  racing to ship it overseas.

U.S. oil sales to foreign buyers have been quick to start after President Obama signed a bill that abolished the crude export ban less than a month ago…

Read the full story here:...

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Cramer: Don't Speculate on Broken-Down Oil Names
Friday, 04/08/2016

April 5, 2016 – The Street

Cramer: Don't Speculate on Broken-Down Oil Names

By: Jim Cramer

Where are the deals in the oil patch? We keep waiting and waiting. Stocks drift down that have all of these assets. They sell for a fraction of what they once did. Where are the opportunistic companies, the ones with the cash and the fabulous balance sheets? What the heck are they waiting for?

The answer: They aren't waiting. They simply don't care. Why? Steve Chazen, Occidental Petroleum's (OXY) outgoing CEO, said it best when we asked him...

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U.S. producers adjust to new role in global oil market
Monday, 04/04/2016

April 1, 2016 – The Oklahoman

U.S. producers adjust to new role in global oil market

By: Adam Wilmoth

Shale oil production has led the United States to replace Saudi Arabia as the world’s swing producer, a position that is good for much of the country, but not necessary for Oklahoma or its oil companies, speakers said Thursday at the University of Oklahoma Energy Symposium.

Read the full article at http://newsok.com/

The ups and downs of a swing oil economy will require companies to change...

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Want to Bet on Oil Companies? It’s All About the ZIP Code
Monday, 03/28/2016

March 27, 2015 – Wall Street Journal

Want to Bet on Oil Companies? It’s All About the ZIP Code

By: Ryan Dezember

For energy investors, it is all about location, location, location.

That is the message that emerges in the prices of bonds of oil-and-gas companies operating across North America.

Bonds of companies with below-investment-grade credit ratings, or junk bonds, have held up best for producers in west Texas, Canada and parts of Oklahoma, as producers in those regions have proven relatively resilient to low...

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