Part of life is accepting your shortcomings, and trying to move beyond them. For example, I have had to come to terms with the fact I will never be able to dunk, or write ‘citizen’ without questioning its spelling. (Every single time). When it comes to trading, there is a limitation known as cognitive dissonance, […]
The hub receives domestic and international crude via ships and pipelines, temporarily storing the oil before sending it on to U.S. refineries. The Clovelly Hub receives oil from wells in Texas, the Gulf of Mexico and the U.S. mid-continent.
In its monthly oil market report on Tuesday, the 12-member Organization of Petroleum Exporting Countries said China’s economy, the world’s second-largest consumer of oil, is estimated to grow 6.5 percent next year, lower than this year’s 6.9 percent growth.
The move by Constellation, which is a subsidiary of Chicago-based Exelon Corp., comes at a time when more power generation companies are expanding their home retail businesses and services. Houston-based Calpine power company is buying Champion Energy Services and NRG Energy already has brands like Reliant and more.
Oil production from the Eagle Ford Shale in South Texas will dip again in September, according to the latest report from the U.S. Energy Information Administration. Production of crude oil and the light oil condensate is expected to slide by 56,000 barrels daily, to around 1.48 million barrels per day. It will be the sixth
Energy Future Holdings, which filed for bankruptcy protection more than a year ago, also owns Luminant power company and TXU Energy and has long considered selling Oncor in order to help right itself financially. Energy Future Holdings owns 80 percent of Oncor.
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