Move Over, Permian. Bakken’s Making a Comeback.
North Dakota oil production reached a record high in July and the Bakken is primed for growth. After months of being the red-headed stepchild to the Permian, the Bakken shale Continue Reading
U.S. gasoline prices at seasonal four-year high ahead of midterm elections
U.S. gasoline prices are sitting at four-year seasonal highs headed into the November midterm elections, even as President Donald Trump has called repeatedly for OPEC to push prices lower. While Continue Reading
Mississippi River LNG Project Would Link to Appalachia, Midcontinent
Pointe LNG has asked FERC to begin pre-filing review for an LNG project downriver from New Orleans. New Orleans-based Pointe LNG, LLC reported Monday that it has asked the Federal Continue Reading
The Gas Revolution In Central And Eastern Europe
The European Commission’s flagship policy to transform the archaic CEE natural gas markets saw a wave of billion dollar gas infrastructure projects meant to integrate the market and increase competitiveness Continue Reading
Brent oil trades near four-year high, but U.S. crude retreats
Brent crude was trading around its highest in nearly four years on Wednesday, while U.S. crude futures fell as Washington tried to assure consumers that the market would be well Continue Reading
Brent Oil Breaks Its Post-Crash High
WTI and Brent rallied on Monday and Tuesday, ahead of the API inventories report as traders grew more concerned that sanctions on Iran can have a strong impact on global Continue Reading
Oil jumps, then pares gains as Trump pressures OPEC again
Oil prices rose Tuesday on global supply concerns following U.S. sanctions on Iran’s oil exports, with benchmark Brent surging to a four-year high, then retraced gains to settle just slightly Continue Reading
The Future Of Global LNG Is Here
Global liquefied natural gas (LNG) markets have evolved in just a few years, morphing from a somewhat limited supply of the super-cooled fuel as recently as four years ago to Continue Reading
Pressed by Trump, OPEC Fears Oil Glut’s Return
If the Organization of the Petroleum Exporting Countries and its nonmember allies including Russia pump too much oil into the marketplace to make up for expected shortfalls from coming sanctions Continue Reading
Trump tells UN that Opec is ‘ripping off’ the world
President Donald Trump on Tuesday took aim at Saudi Arabia and its refusal to lead an increase in oil production, telling the UN that Opec members were “as usual ripping Continue Reading