In The News

With Some Tar Sands Oil Selling at a Loss, Why Is Production Still Rising?
Tuesday, 03/01/2016

February 23, 2016 – Inside Climate News

With Some Tar Sands Oil Selling at a Loss, Why Is Production Still Rising?

By: Phil McKenna

Canadian oil producers can’t address the downturn by slowing production without huge losses, so they now sell at a loss economically and for the climate.

Like a supertanker unable to make quick turns, production from tar sands in the Canadian oil patch continues to increase despite prices so low producers have to sell their output at a loss.

The industry's inability to cut production could...

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Dominoes Toppled to Create Shale Revolution, and More to Fall, Says Braziel
Tuesday, 03/01/2016

February 19, 2016 – NGI’s Shale Daily

Dominoes Toppled to Create Shale Revolution, and More to Fall, Says Braziel

By: Carolyn Davis

The unconventional natural gas and oil revolution in North America has been less a random series of fortuitous events and more a cascading set of circumstances that has created a new world order for energy markets and upended the global economic outlook, according to industry guru Rusty Braziel.

Braziel lays out his theory in a new book, "The Domino Effect: How the Shale Revolution Is Transforming...

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Cramer: Nobody Knows Anything When It Comes to the Price of Oil
Thursday, 01/21/2016

January 21, 2016 - Real Money

Cramer: Nobody Knows Anything When It Comes to the Price of Oil

By: Jim Cramer

Just for laughs I went back to read articles about oil written this time last year, when oil was in the high $40s.

The talk back then was almost all about the shape of the letter. Were we going to have a "V" recovery, which would put oil on a course back to $100, where it was before the crash began in June 2014. Or would it be a more of a meandering back, via a "U", where it might not be any higher than $70 a year later...

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MLPs See Take-or-Pay Contracts at Risk Amid Low Energy Prices
Wednesday, 01/20/2016

January 18, 2016 – The Street

MLPs See Take-or-Pay Contracts at Risk Amid Low Energy Prices

By Carleton English

As oil and gas prices continue to be low in 2016 -- and oil prices continue to test new lows -- what is the outlook for energy-related master limited partnerships and their investors?

With the Alerian MLP Index (AMZ) down 15% so far in 2016, it is underperforming the S&P 500, which is down 8.4%. Put simply, the outlook so far for MLP investors seems to be a continuation of 2015, when the Alerian MLP fell 38%.

...
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After the Carnage, Shale Will Rise Again
Tuesday, 01/19/2016

January 19, 2016 – The Wall Street Journal

After the Carnage, Shale Will Rise Again

By: Mark Mills

How low can oil prices go? When pundits start competing to predict where the barrel will hit bottom, you know that a rebound is inevitable. It’s the inverse of what happens before a high-price bubble bursts. Only a few years ago forecasters were suggesting that oil might hit $300 a barrel.

The unpleasant reality is that petroleum prices are cyclical. Starting with the 1973-74 Arab oil embargo, they have been through six extremes....

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