Category: Crude oil

Geopolitical tensions seen keeping oil prices high

U.S. benchmark crude fell 17 cents to $104.42 a barrel.  More »

Oil prices rise above $104; natural gas sinks

Natural gas prices sank further below $4 on forecasts for cooler temperatures in parts of the U.S.  More »

Oil stays over $103 on global turmoil

The industry calls this higher price, based only on fear, a “risk premium.”  More »

More Nuggets on the US Energy Boom

I didn’t intentionally seek out these nuggets on  the US energy boom – especially so quickly after my recent involvement with Miley and Mr Bieber - but they were just conveniently there. Fast food if you like. As crude oil production hits a new 28-year high and natural gas continues to achieve higher and higher record levels of […]  More »

Oil rises past $103 on geopolitical turmoil

The jitters about potential disruptions came on the heels of a surprisingly large decline in supplies in the U.S.  More »

Oil price rises on inventory draw, China growth

U.S. crude for August delivery rose $1.24 to close at $101.20 a barrel  More »

Oil export advocate encouraged by discussions with administration

The leading Capitol Hill advocate for exporting U.S. crude said she is encouraged by the Obama administration’s focus on the issue, following a meeting with Commerce Secretary Penny Pritzker. Sen. Lisa Murkowski, R-Alaska, said she left the private session confident that “there are ongoing discussions within the (Commerce) department on this issue.”  More »

The importance of pursuing industry-recognized licenses and certifications

Career advancement comes from developing both your soft skills and your technical ones, and industry certifications are a fantastic way of developing and proving the latter.  More »

Oil falls below $100 for first time since May

Prices have been falling in recent weeks as worries about supply disruptions from Iraq eased and on the prospect of more supplies from Libya.  More »

Shell announces new Gulf of Mexico discovery

Shell Oil Co. today announced an offshore discovery in the Gulf of Mexico it believes contains 100 million barrels of oil equivalent.  More »

Report: 10 percent more Eagle Ford wells this year

Operators working in the Eagle Ford Shale started drilling 2,364 new wells in the first six months of the year, according to the latest Baker Hughes Well Count.  More »

U.S. gasoline prices at 3-month lows

The average price for a gallon of gasoline in the U.S. is $3.61 a gallon,  More »
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