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Oil extends rise on South Sudan worry

Oil prices rose further above $99 on Friday as violence in South Sudan stoked concerns about the African nation’s oil production. Benchmark U.S. oil for February delivery gained 27 cents to $99.82 in electronic trading on the New York Mercantile Exchange. Oil prices gained nearly 3 percent last week as optimism about the U.S. economic […]  More »

Oil edges closer to $100

Worries over instability in South Sudan have led some analysts to predict the contract may top $100 a barrel for the first time since mid-October.  More »

Deregulation has brought $22 billion more in electric bills for Texas residents

Texans living in deregulated electricity areas paid about $22 billion more in the last decade than they would have under a regulated system, according a recent analysis by a consumer group. Texas residential consumers have paid as much as 45 percent more for deregulated electricity than their counterparts in regulated areas of the state since […]  More »

Quit Digging

An old adage about life is that when you are in a hole quit digging.  With trust in government at an all time low, actions that further erode trust and credibility are just more examples of keep on digging.  The Wall Street Journal recently reported a case of EPA doing exactly that. It is no […]  More »

North Dakota requires companies to report pipeline locations

Thousands of miles of underground gathering pipelines in North Dakota are being mapped under new rules that require companies to report the locations to the state, a change that is being hailed by regulators, industry and the state’s biggest landowner group.  More »

To clean up coal, Obama pushes more oil production

America’s newest and cleanest coal-fired power plant comes with a catch: The heat-trapping carbon dioxide removed from its smokestack pollution will help force more oil out of the ground.  More »

Free! A (small) slice of Eagle Ford mineral rights

If you’ve been missing out on this whole oil boom thing that’s happening in South Texas, the new Shiner Landing development is offering a chance to win some Eagle Ford Shale mineral rights. OK, so it’s a small amount of minerals.  More »

Several energy ministers say no OPEC cut needed

Ministers from Saudi Arabia, Kuwait and Iraq said OPEC needn’t cut production next year to make room for additional supplies from Iran, Libya and U.S. shale oil.  More »

Oil rises, natural gas soars

The price of oil rose 1 percent Thursday as stockpiles declined and new indications that demand is rising in the U.S., the world’s largest crude consumer. The price of natural gas soared nearly 5 percent to close at $4.46 per thousand cubic feet — the highest price since July of 2011 — after the government […]  More »

Chevron puts downtown tower on hold

The downtown skyscraper project that Chevron announced this summer has been put on hold, the oil company said Thursday.  More »

How did one reader secure two oil & gas job offers? Which one should they choose?

If you’re interested in breaking into the oil & gas industry, you’ll want to pay special attention to this week’s column. A few days ago I received an email from a Young Professional that was frustrated with their career, wanted to break into oil & gas upstream operations, and through hard work was able to secure two offers with leading service companies.  More »

Canadian court says Ecuadoreans can pursue Chevron assets

A lawsuit by a group of Ecuadoreans to seize Chevron Corp.’s Canadian assets can proceed in the country, a Canadian court ruled Tuesday.  More »