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MARKET WATCH: EU inaction pulls down oil prices
May 24, 2012
Oil prices fell May 23 on the perception government leaders attending a discordant European Union summit in Brussels lack the political will to resolve the international economic problems that are ...
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MARKET WATCH: Economic concerns set back oil prices
May 23, 2012
Oil prices inched higher most of the day but retreated in late trading May 22, with crude down 1% in the New York market among festering financial problems in the Euro-zone. |
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Analyst sees near-term natural gas prices below $3/MMbtu
May 23, 2012
Natural gas prices are expected to hover below $3/MMbtu for 6-24 months, primarily bouncing between $1.75/MMbtu and $2.50/MMbtu, David Cunningham, managing director of Tudor, Pickering, Holt & ...
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Massive investment needed for oil, gas facilities, experts say
May 22, 2012
Billions of dollars will be needed to build additional pipelines, terminals, and storage facilities to bring new US oil and natural gas resources to market, experts said on May 21 during Deloitte L...
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MARKET WATCH: Equity, crude oil prices rebound
May 22, 2012
A rebound in the broader market help lift energy prices with the soon-to-expire front-month crude contract climbing 1.2% May 21 in the New York market. |
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MARKET WATCH: European crisis weights down oil prices
May 21, 2012
Commodity and equity markets generally declined May 18 among global concerns over sluggish economies and the seemingly inevitable exit of Greece from the Euro-zone. |
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Regulation, good and bad
May 21, 2012
Polarization of US politics distorts conversation about regulation. The oil and gas industry has witnessed too often the default assertion that one side supports regulation while the other opposes ...
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IEA: Global oil demand growth accelerating
May 21, 2012
After posting near-zero annual growth in the fourth quarter of 2011, global oil demand growth will gradually accelerate throughout 2012, culminating in an increase of 1.2 million b/d by this year's...
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Analyst: US unconventional liquids production could mean zero net oil imports
May 18, 2012
Production from unconventional liquids plays could result in the US becoming independent from oil imports before 2020, an analyst told attendees at an International Association of Drilling Contract...
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API: Gasoline demand posted small increase in April
May 18, 2012
While total US demand for oil products dipped in April, gasoline demand climbed almost 1% from a year earlier to average 8.842 million b/d, according to the latest monthly statistical report from t...
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Annual Midyear Forecast
A review of OGJ’s Midyear Forecast from the July 4, 2011, issue with a discussion of economic, market, and political developments that have occurre...
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