Category: Crude oil

U.S. more energy secure because of shale, chamber says

The United States became more energy secure in 2013 as the shale boom continued to pad domestic resources, according to an analysis by the U.S. Chamber of Commerce.  More »

Official: Canadian oil won’t hurt ND production

The director of the North Dakota Pipeline Authority says proposed increases of crude from Canada’s oil sands likely won’t have an impact on the state’s soaring oil production.  More »

The Dallas Fed says energy industry remains ‘solid’

The latest Beige Book from the Federal Reserve Bank of Dallas is out, and it said the energy industry “remains solid” with healthy demand for oil field services.  More »

Marrying tablets and Google Glass to increase the efficiency of oil & gas field operations (video)

For these reasons, I have started to program what I’m calling for now a “Digital Tally Book”; eventually it will be a standalone application for field engineers, as well as an easy way to send relevant content to the Google Glass device.  More »

US commerce secretary in Gulf ahead of Obama visit

Penny Pritzker’s visit comes just weeks before President Barack Obama is scheduled to fly to Saudi Arabia to meet King Abdullah in an effort to patch over strained relations due to U.S. policy on Iran and Syria. It will be Obama’s first visit to Saudi Arabia since 2009.  More »

Oil rises on solid gain in U.S. hiring

But crude ended the week with a loss of 1 cent.  More »

Is shale running short on ‘PowerBars’?

North America may be in the midst of an energy renaissance, but that could be slowed or derailed by several limitations, including nature.  More »

Oil up slightly; natural gas jumps

Natural gas gained 14 cents to $4.66 per 1,000 cubic feet.  More »

Feds detail tests for crude moved by rail

Federal regulators offered more details on testing requirements for oil transported by rail on Thursday and warned companies against skirting the rules after a spate of explosions caused by crude train derailments in the U.S. and Canada.  More »

Energy chief: Industry arguments for exporting US oil are unconvincing

The oil industry hasn’t made a convincing case that the U.S. should lift its 39-year-old ban on exporting American crude, Energy Secretary Ernest Moniz said Wednesday.  More »

More megaprojects mean growing delays

As the oil and gas industry build a growing number of multi-billion dollar “megaprojects” each year, they face another trend: a growing number of delays.  More »

Oil down as Ukraine fears ease, U.S. supplies rise

U.S. crude for April delivery dropped $1.88 to close at $101.45 a barrel.  More »