Streetwise Oil & Gas - Exploration & Production Articles
Natural Gas Builds, but Slowly
Source: Zacks Equity Research (8/15/11)
"Production and stock performance factors cut into the U.S. supply overhang, creating an inventory deficit after erasing a hefty surplus over last year's level."
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China's Appetite for Oil Imports Increases
Source: UPI (8/15/11)
"China's dependence on imported oil grew to 55.2%. Its growing need for imported oil poses a threat to the country's energy security, analysts say."
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Sector Snap: Energy
Source: Bloomberg Businessweek (8/15/11)
"Oil jumped to the highest level in more than a week."
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Gov't Panel: Fracking Chemicals Should Be Revealed
Source: Associated Press (8/15/11)
"There's little risk that the chemicals injected thousands of feet underground will ever reach shallow drinking water aquifers."
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Jason Wangler: Williston Basin Stocks are Hot
Source: Zig Lambo of The Energy Report (8/11/11)
The Williston Basin is a hot area of exploration and production that oil and gas analyst Jason Wangler follows from his SunTrust Robinson Humphrey office in Houston. In this exclusive interview with The Energy Report, he shares his thoughts on the near-term prospects for oil and gas demand and prices, and tells us about several attractively priced names with good upside potential from current levels.
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Canadian Natural Gas Stocks: Intriguing Plays in a Divided Market
Source: Keith Schaefer, Oil & Gas Investments Bulletin (8/11/11)
"August is one of the best months to buy natural gas stocks; Canadian juniors and intermediates are making good cash flow."
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Oil Rises on Encouraging U.S. Jobs Report
Source: Associated Press (8/11/11)
"Oil prices rose after positive news about the jobs market."
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A Must-Read Report on Shale Gas
Source: Council on Foreign Relations, Michael Levi (8/11/11)
"Natural Gas Subcommittee notes that opponents' arguments often lack supporting data, do not directly relate to shale drilling 'per se.'"
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U.S. Reviews Alaska's Oil and Gas Reserves
Source: UPI (8/10/11)
"The U.S. must consider a wise approach to tapping into the vast oil and natural gas resources in Alaska, the U.S. interior secretary said."
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Meet LNG Opportunities in Australia
Source: Energy Tribune, Vicki Ben Snow (8/10/11)
"Australia is the fourth-largest LNG producer in the world, making up 9% of the global LNG output shipped to Asia."
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Oil Prices Slump on Demand Fears
Source: AFP (8/9/11)
"World oil prices hit multi-month lows as traders eyed the prospect of slowing energy demand."
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Obama Backs More Alaska Oil Drilling
Source: Anchorage Daily News, Sean Cockerham (8/9/11)
"President says, 'Let's take a look at what's up there and see what we can develop,' but any Arctic oil development must be done carefully."
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Flooding Danger to Oil, Gas Pipelines?
Source: UPI (8/8/11)
"Officials are warning pipeline operations along the Missouri River of scouring danger."
Obama May Seek to Reduce Truck Emissions 20%
Source: Bloomberg, Jeff Plungis (8/8/11)
"The efficiency goals should help trucks improve fuel use to 7 or 7 1/2 miles per gallon by 2018."
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The EPA Proposes New Drilling Regulations
Source: Kent Moors, Money Morning (8/4/11)
"This is one more aspect to watch in selecting the best moves to make in a sector that's rapidly shaking out."
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Oil Traders Ask, 'What Glut?'
Source: Reuters, Joshua Schneyer (8/4/11)
"Oil inventories in the Midwest and Cushing, Oklahoma, fell to their lowest this year. Midwest stocks are now lower than they were a year ago."
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NY Fracking Lawsuit Barred by Law, U.S. Says
Source: Bloomberg, Tiffany Kary (8/3/11)
"The U.S. government will ask a judge to dismiss a New York lawsuit that seeks a fuller environmental review of natural-gas extraction."
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High Energy Prices Ensure Strong Q2 Results
Source: OilBarrel.com (8/3/11)
"Results from oil majors showed a flurry of telephone-style profits and a sector in rude financial health despite some underlying anxiety."
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U.S. Dependence on Petroleum Imports Is Falling
Source: Kansas City Star, Steve Everly (8/3/11)
"The U.S. once imported two-thirds of what the country's refineries needed. In 2010, imports fell to 49%. What happened?"
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Tokyo Looks to Build Natural Gas Power Plant
Source: Japan Times, Takahiro Fukada (8/3/11)
"The Tokyo Metropolitan Government wants to build a natural gas-fueled plant that can generate equivalent electricity to one nuclear reactor."
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The Heat Is on Private Gas Well Owners
Source: thespec.com, Matthew Van Dongen (8/2/11)
"A permanent plug may be the fate of thousands private natural gas wells still in use across southwestern Ontario, an end to a historic free ride amid fluctuating oil and power prices."
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Oil Swerves Between Small Gains and Losses
Source: Market Watch, Claudia Assis and Virginia Harrison (8/2/11)
"Crude oil futures alternated between edging higher and inching down as the U.S. debt deal cleared its first legislative hurdle."
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Profit from Oil's Seasonal Low
Source: Forbes, Tom Aspray (8/2/11)
"The usual summertime correction in oil prices is now setting up risk-controlled buying opportunities for stocks and ETFs."
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Oil in the Family
Source: Gambit, Alex Woodward (8/2/11)
"One of five offshore inspectors were recused from duties due to personal ties. Where will the industry turn to find experienced employees?"
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Jordan Looking at All Energy Options
Source: UPI (8/2/11)
"Jordanian officials said they are looking at all of their options in response to attacks on Egyptian natural gas networks."
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