_Economy and Finance

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 12 of 12 Millions of Barrels http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide12

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 11 of 12 In the Zone http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide11

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 10 of 12 From Ranch to Oilfield http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide10

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 9 of 12 Texas-Sized Potential http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide9

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 8 of 12 Boosting Yield http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide8

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 7 of 12 Separating the Mixture http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide7

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 6 of 12 Operating Around the Clock http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide6

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 5 of 12 The Business of CO2 http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide5

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 4 of 12 Targeting Deep Oil http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide4

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 3 of 12 Priming the Permian Basin http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide3

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 2 of 12 Capturing Carbon http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide2

The United States of Oil By John Lippert - Apr 2, 2013 ◁ PREV NEXT ▷ 1 of 12 Energy Upheaval http://www.bloomberg.com/slideshow/2013-04-02/the-united-states-of-oil.html#slide1

Houston Makes Top 5 as Boom Lures Foreigners: Real Estate By Dan Levy - Mar 26, 2013 International real estate investors are falling in love with Houston, a fast-expanding energy hub that’s luring buyers from Toronto to Tel Aviv seeking properties with lower costs and higher returns than buildings in the priciest U.S. cities. Firms from outside the U.S. acquired $2.83 billion of Houston (OFCRAHOU) office buildings in the past three years, according to Real Capital Analytics Inc. They were the largest net buyers of any investor class, spending four times more than U.S. real estate investment trusts, which ranked second. Last year, Houston for the first time was among the top five global cities in an annual survey by the Association of Foreign Investors in Real Estate that dates back to 1994. http://www.bloomberg.com/news/2013-03-26/houston-makes-top-5-as-boom-lures-foreigners-real-estate.html

KKR Said to Debut Real Estate Fund With $500 Million By Devin Banerjee & Sabrina Willmer - Mar 13, 2013 KKR & Co. (KKR), the buyout firm run by Henry Kravis and George Roberts, is preparing to market its first fund dedicated to real estate investments with an initial $500 million committed to the pool, according to two people with knowledge of the matter. http://www.bloomberg.com/news/2013-03-12/kkr-said-to-debut-real-estate-fund-with-500-million.html

Japan to Begin Test Production for Frozen Gas Locked in Seabed By Tsuyoshi Inajima & Yuji Okada - Mar 11, 2013 Japan, which has almost no natural energy resources of its own, will begin the world’s first offshore drilling operation this week to extract frozen natural gas locked under the seabed. http://www.bloomberg.com/news/2013-03-11/japan-to-begin-test-production-for-frozen-gas-locked-in-seabed.html

Texas Oil Production May Hit Record by 2020, Regulator Says By Edward Klump Texas is poised to more than double daily oil production by 2020, surpassing a 1972 record with surging output from the Eagle Ford shale and Permian Basin, the state’s petroleum regulator said. http://www.bloomberg.com/news/2013-03-06/texas-oil-production-may-hit-record-by-2020-regulator-says.html

WTI Oil Trades Near Two-Day Low as U.S. Crude Stockpiles Climb By Ben Sharples West Texas Intermediate oil traded near the lowest level in two days after U.S. crude stockpiles rose almost five times more than forecast. The Brent pipeline system remained shut a fifth day. http://www.bloomberg.com/news/2013-03-06/wti-oil-trades-near-two-day-low-as-u-s-crude-stockpiles-climb.html

Biggest Buyers Retreat from Junk Bonds (Source: Bloomberg, February 15, 2013 ) According to Bloomberg, major institutional investors pulled back from junk bonds as exchange-traded funds (ETFs) experienced record withdrawals, marking the first losses in eight months. The combined value of the five largest junk-debt funds fell 7% from January highs, with State Street’s $11.9 billion fund alone seeing nearly $1 billion in withdrawals over 12 days. Analysts noted that institutions such as hedge funds and banks are shifting away from broad indexes, instead targeting specific bonds. Junk bond ETFs, which attracted $8 billion in 2012 amid strong returns, are now facing outflows as strategists forecast weaker performance in 2013. Prices have declined from record highs, with concerns that valuations are stretched after years of double-digit returns. Prominent investors including Dan Fuss of Loomis Sayles and Howard Marks of Oaktree Capital warned that the market is “overbought” and calle...

Carbon Markets Threatened If EU Backload Plan Fails, CEPS Says By Mathew Carr Europe will struggle to convince the rest of the world that carbon trading is the best way to tackle climate change if a plan to revive the price of the region’s permits fails, said the Centre for European Policy Studies.

EU Carbon Market Is at Risk of Total Collapse, Lawmaker Says By Ewa Krukowska - Jan 22, 2013 The European Union’s emissions trading system, the world’s largest, is at a risk of “total collapse” and a draft measure to fix it must become a top priority for governments, a member of the EU Parliament said. http://www.bloomberg.com/news/2013-01-22/eu-carbon-market-is-at-risk-of-total-collapse-lawmaker-says.html