Coal May Survive, But Its Profitability Is Dead
Coal Mining Trucks With the market capitalization of the coal industry down 94 percent since 2011 , one question has to be paramount on the minds of all investors in Continue Reading
It’s Not Looking Good For Canadian LNG
As the Keystone XL saga made clear, Alberta has had trouble getting its oil and gas to markets outside of the province. That trouble continues for Canada’s oil industry. The Continue Reading
The Reported Death of Peak Oil Has Been Greatly Exaggerated
Baker Hughes recently published their International Rig Count . This rig count is at the end of April. It does not include the US, Canada, any of the FSU countries Continue Reading
Don’t let the low prices fool you: peak oil will be upon us soon
The end of the oil era has been predicted for so long that it has ceased to attract much interest. Critics rightly say it’s now difficult to know who to Continue Reading
Oil Prices Buoyed As Global Supply Outages Accumulate
This week the oil markets experienced something that used to be common but has become a rarity since the collapse of oil prices almost two years ago: major unexpected supply Continue Reading
Natural Gas Reverses Losses, Rises as Canada Wildfires Spread
Natural-gas prices shook off early declines Friday and rose in tandem with oil and other energy contracts as Canadian wildfires spread, increasing estimates of lost production. Natural-gas futures were down Continue Reading
Oil Prices Dip on Global Glut
Oil futures fell Friday as traders looked beyond recent supply disruptions in Canada and Libya and focused on the global crude glut. The U.S. oil benchmark was down 0.6% at Continue Reading
Iran to close key oil shipping lanes if U.S. proceeds with military drills
Iranian officials threatened to close the vital Strait of Hormuz to the U.S. and its allies if it proceeds with its military drills in the area. Pictured, the Nimitz-class aircraft Continue Reading
Persistent U.S. labor woes drag on oil prices
Lower employment gains in the United States caught up with other market factors Friday to push the price of crude oil lower in early trading. The U.S. Labor Department said Continue Reading
Oil prices dip as strong dollar outweighs supply disruptions
Oil prices dipped on Friday, dragged down by a surging dollar that at least temporarily outweighed supply disruptions in North America, where a massive wildfire was threatening Canada’s huge oil Continue Reading