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Month: December 2017

Category:
  • China

Clear winners: China’s war on smog lifts commodities like metals, LNG to 2017 peaks

Industrial metals, liquefied natural gas and steel are set to finish 2017 on top of the world as a crackdown on pollution in China, the world’s no.2 economy, boosts demand Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Higher oil prices needed to sharply boost U.S. drilling: Dallas Fed

Oil prices will need to rise further for energy companies to significantly expand drilling activities, according to a survey released on Thursday by the Federal Reserve Bank of Dallas. U.S. Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. crude stocks drop, refiners run near full capacity

U.S. crude stocks fell more than expected last week as refineries pushed output to its highest rate for this time of year in nearly two decades, the Energy Information Administration Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • Natural Gas Supply
  • USA

U.S. natgas futures climb as storage withdrawals meet expectations

U.S. natural gas futures surged on Thursday after federal data showed a storage withdrawal in line with market expectations. Front-month gas futures NGc1 for February delivery on the New York Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • USA

U.S. safety regulator proposes offshore overhaul

The U.S. government opened a deregulation scheme for safety rules for oil and gas drillers in the Gulf of Mexico up for public comment on Thursday. The Bureau of Safety Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Gas
  • USA

Power Plants Bloom Even as Electricity Prices Wilt

A glut of gas flowing out of the shale field has helped fuel a surge in power plant construction in the northeast. A glut of gas flowing out of U.S. Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • Climate
  • USA

It’s Been One of the Worst Years Ever for Billion-Dollar U.S. Weather Disasters

Hurricanes, floods, fires dominated coast-to-coast events ‘This is one of the worst years on record for U.S. damages’ In the year that President Donald Trump pulled out of the Paris Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • exports
  • USA

The Biggest Oil Story Of 2017

The ban on crude exports from the U.S. was lifted at the end of 2015, and exports ticked up in the following year, but only modestly. 2017, however, was the Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Oil

There Aren’t Enough Truckers In Texas

Permian’s production growth—the main driver of the second shale revolution as oil prices crept higher this year—may be limited not by geological or technological constraints, but by a shortage of Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple
Category:
  • North Sea
  • United Kingdom

Oil treading water even as Forties pipeline system returns to life

Oil prices started the trading day Thursday in static territory after pipeline operator Ineos said restrictions on a major North Sea network were lifted. “All restrictions on the flow of Continue Reading

Posted On : 29 Dec 2017 Published By : Tom Whipple

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