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Shale Wars Round Two Congress Acts On Exports. Russia Capitulates On Price. And OPEC Blinks
Monday, 12/21/2015

December 21, 2015 – Forbes

Shale Wars Round Two Congress Acts On Exports. Russia Capitulates On Price. And OPEC Blinks

By: Mark Mills

The year 2015 marks the end of the old oil era.

Last week the U.S. Congress finally repealed the four-decade-old legislation that, until now, prohibited American firms from selling their product, crude oil, to willing buyers overseas. No other oil-producing nation had such a self-inflicted ban.

It was finally rescinded in the face of overwhelming evidence that America’s situation is...

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Lifting oil-export ban unlikely to affect state right away
Monday, 12/21/2015

December 19, 2015 – The Seattle Times

Lifting oil-export ban unlikely to affect state right away

By: Hal Bernton

With a 40-year oil-export ban lifted Friday by Congress, Washington terminals that receive Bakken shale crude by rail will be able to send unrefined product to Asia.

In the years ahead, that might be an attractive option. But current market conditions make the West Coast terminals an unlikely launching point for major overseas shipments, according to industry analysts.

Read the full article here:...

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End to export ban brings rare cheer to the oil patch
Monday, 12/21/2015

December 19, 2015 – Houston Chronicle

End to export ban brings rare cheer to the oil patch

Trade: Policy from 1970s is lifted, but change may not be felt quickly

By: Robert Grattan

Oil producers allowed themselves a small celebration near the end of a depressing year on...

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RBN Energy: 'Even At Yesterday's Prices, It’s Not Over Yet'
Monday, 12/14/2015

November 17, 2015 – Rigzone

RBN Energy: 'Even At Yesterday's Prices, It’s Not Over Yet'

By: Rigzone Staff

Despite the relatively dismal state of the energy industry of late, RBN Energy Inc. has reminded investors there is some good news to be found in the fact shale production is hitting some milestones – all the high dollar tech investments of shale’s early recent years have driven...

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Seaway shipments lag on closed arbitrage, end-of-year taxes
Wednesday, 11/18/2015

November 17, 2015 – Reuters

Seaway shipments lag on closed arbitrage, end-of-year taxes

By: Liz Hampton

Nov 17 Crude shipments on a major pipeline from Cushing, Oklahoma to the U.S. Gulf Coast have fallen sharply this week as a supply glut erodes price spreads between the two locations and market players avoid lofty end-of-year taxes in Texas.

Read the full article here: http://www.reuters.com/article/...

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