Tag: IHS

Coming soon to a country near you: The US frac phenomenon

The United States’ monopoly on pulling oil and gas out of ultra-dense rock formations is ending, as companies aim to replicate the success in other countries, energy analysts said Tuesday.  More »

Rising costs eat into returns even with high oil prices, IHS says

Oil producers are making less for the capital they’re spending than they did a decade ago, when U.S. benchmark crude prices were below $30 a barrel, a new report shows.  More »

Natural gas boom yielding big benefits, Congress told

The rapid growth in domestic natural gas production is sending benefits rippling across the U.S. economy, business leaders and an energy expert told Congress on Tuesday.  More »

US oil exports soar to new milestone

U.S. oil exports hit a 15 year high in April, despite broad limitations on foreign sales, according to a report released Monday by the federal Energy Information Administration.  More »

Crude-export shutdown in Iraq unlikely, analysts say

International crude prices climbed to their highest point in 10 months on fears that sectarian violence in Iraq will spill into the south and cut off crude exports from the port at Basra, but that’s a highly unlikely scenario, experts said Friday.  More »

History of gasoline and oil exports murky

As oil companies clamor to export crude, they may look to the government’s 1981 decision to green-light overseas gasoline sales for guidance. There’s just one problem: The government records underpinning that move are missing in action.  More »

Report: Exporting US oil would be economic boon

A new report says the U.S. would benefit from lifting a nearly four-decade-old ban on exporting domestic crude oil.  More »

Long-term investors should be wary of rapidly declining energy assets, PE investor warns

In the last three decades, up to three-quarters of all upstream companies have “destroyed shareholder value,” yet Wall Street investors prize some wonky metrics over the inevitable: Oil-producing assets, especially in shale plays, decline quickly and are often costly to replace, a private equity investor said Wednesday.  More »

Dow says US shouldn’t bail out Europe with natural gas

HOUSTON — European leaders visited Washington this week, urging U.S. lawmakers to allow more natural gas exports overseas, arguing the maneuver would reduce their dependency on Russia as an energy provider. But the largest American chemical company had a simple response: tough luck.  More »

US to become top exporter of liquefied petroleum gas, experts say

The U.S. is poised to become the top exporter of liquified petroleum gas — more commonly known as propane or butane — within just a few years, officials with research analyst IHS said Monday.  More »

Bernanke: Energy ‘a bright spot’ in recovering economy

The national oil and gas boom may have created a quarter of the jobs U.S. employers have added to payrolls since the economic downturn began six years ago, former Federal Reserve Chairman Ben Bernanke said Friday.  More »

US gas exports will grow but won’t change markets, CEO says

U.S. tankers carrying cheap natural gas will ride a massive wave of demand to Chinese shores in coming years, but they won’t be able to unshackle the high price Asia pays in the global gas trade from oil indexes, energy executives said Wednesday.  More »
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