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Showing posts with the label Gas

How the US Oil, Gas Boom Could Shake Up Global Order

How the US Oil, Gas Boom Could Shake Up Global Order Published: Monday, 1 Apr 2013 | 11:28 AM ET By: Richard Engel and Robert Windrem, NBC News Without fanfare, China passed the United States in December to become the world's leading importer of oil—the first time in nearly 40 years that the U.S. didn't own that dubious distinction. That same month, North Dakota, Ohio and Pennsylvania together produced 1.5 million barrels of oil a day—more than Iran exported. http://www.cnbc.com/id/100606163

Natural Gas Prices on the Rise, Challenging 'Cheap' Label

Natural Gas Prices on the Rise, Challenging 'Cheap' Label Published: Wednesday, 27 Mar 2013 | 11:27 AM ET By: Javier E. David, Giovanny Moreano Those "cheap" natural gas prices everyone keeps talking about? They may not stay that way much longer. http://www.cnbc.com/id/100597089

SG Commodities Review: The four consequences of the US shale gas revolution

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SG Commodities Review: European Gas and LNG Thierry Bros 2013.03.20 The four consequences of the US shale gas revolution 1/ US coal is displacing Russian gas in Europe The US shale gas revolution pushed Cheap US coal and is displacing expensive gas for power generation in Europe. But, faced with record low European gas demand, Norway managed to increase its production, forcing Gazprom to act as the swing supplier.

SG Commodities Review: European Gas and LNG

SG Commodities Review: European Gas and LNG Thierry Bros 2013.03.20 ■ Norway exported a record 107.6 bcm of pipe gas in 2012, according to the gas system operator Gassco.

SG Commodities Review: US Natural Gas

SG Commodities Review: US Natural Gas Laurent Key 2013.03.20 ■ SG research’s Cal 13 price forecast was revised 20 cents higher vs last quarter at $3.70, due to the bullish withdrawals experienced at the end of the winter.

When Will the US Energy Boom Help You Out at the Gas Pump?

When Will the US Energy Boom Help You Out at the Gas Pump? Published: Thursday, 14 Mar 2013 | 2:39 PM ET By: Javier E. David Special to CNBC.com First, the good news: the U.S. energy sector is being modernized at a breakneck pace, with cleaner and cheaper fuels predicted to drive down prices and to eventually reduce the economy's dependency on foreign oil. http://www.cnbc.com/id/100554510

Norway's Arctic idyll shivers at oil plans

Norway's Arctic idyll shivers at oil plans By Alister Doyle and Balazs Koranyi SVOLVAER, Norway | Tue Mar 12, 2013 9:04 am EDT (Reuters) - Oil companies seeking new Arctic areas for exploration face a battle with environmentalists, fishermen and hotel owners over Norwegian islands where jagged snow-capped peaks rise sheer from the sea. With oil production falling to a 25-year low this year and the state depending on oil revenues, Norway's ruling Labour Party is warming to drilling in Lofoten's pristine waters, setting up the issue as the year's biggest political fight ahead of elections in September. http://www.reuters.com/article/2013/03/12/us-energy-arctic-idUSBRE92B0I720130312

2013 Outlook Commodities Review: US Natural Gas

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2013 Outlook Commodities Review US Natural Gas Laurent Key Key points ■ The US natural gas forward curve is, in our opinion, well priced for the start of the winter but too expensive from March to the rest of 2013. Cal 13 price forecast is $3.52/MMbtu, 40 cents below the current curve.

CNNMoney: Gas prices: Down and headed lower

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CNNMoney Gas prices: Down and headed lower By Chris Isidore @CNNMoney May 10, 2012: 2:56 PM ET NEW YORK (CNNMoney) -- Just in time for the start of the summer driving season, U.S. drivers are enjoying some relief at the pump, much sooner than past years.

CNN Money: Oil and gold: Rally won't last

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English Edition 한국어판 Oil and gold: Rally won't last Original Article: by Hibah Yousuf NEW YORK (CNNMoney) | March 8, 2011 Oil above $100! Gold hitting new records! Don't fear the headlines. Most market experts think oil and gold prices will settle down as the unrest in North Africa and the Middle East region subsides. In fact, a majority of investment strategists and money managers are leaving their year-end forecasts unchanged, according to an exclusive CNNMoney survey. On average, experts expect gold and oil prices to edge up about 4% by the end of 2011. That would put oil at around $95 a barrel and gold just under $1,500 an ounce. Since the uprisings in Egypt at the end of January caught investors' attention, oil has rallied almost 25%, while gold prices have surged almost 10%. "The upward pressure on oil is all related to the tension in the Middle East. We should have more ...

EMEA Oil And Gas Ratings Outlook For 2011

EMEA Oil And Gas Ratings Outlook For 2011 (00:07:28 min) In this Credit Matters TV segment, Standard & Poor's Director Simon Redmond explains how rising oil prices affect our Europe, Middle East, and Africa oil and gas ratings and discusses why BP PLC still has a negative outlook. Watch EMEA Metals And Mining Outlook For 2011 And Beyond (00:05:42 min)