Unleaded Gas
US Gasoline Supply Down Sharply
US Gasoline Supply Down Sharply USO, UGA The US Energy Information Administration (EIA) released its weekly petroleum status report Wednesday. US commercial Crude Oil inventories increased by 900,000 bbls last week, bringing the total US commercial Crude Oil inventory to 388.6-M bbls, still well above the upper limit of the 5 yr range for this [...]
2013 Oil & Gas Industry Outlook
U.S. Rig Activity (USRA) introduces the most advanced source of rig intelligence for oil & gas industry and financial decision-makers, with a product focused on maximizing your organization’s efficiency by quickly turning rig data into actionable information. Whether you are trying to uncover an investment thesis, fine tune your financial and operation model’s production estimates, [...]
ASEAN: PTT and Pertamina Petrochemical Expansion
ASEAN: PTT and Pertamina Petrochemical Expansion Indonesia’s Pertamina has chosen Thailand’s PTT Global Chemical as a partner in the development of a $5 billion petrochemical facility in Indonesia, it announced on Monday. The decision was made after months of deliberations with 11 companies being considered, including South Korea’s SK Global Chemical and Japan’s Mitsubishi. “PTT [...]
USA Recession to Drive Gas Prices to $3
USA Recession to Drive Gas Prices to $3 Slowing US economy, gasoline prices to $3.00 gal The US slowing of the economy may give consumers a lift, analysts are forecasting gasoline at $3.00 gal of less by the Fall. Nationally, regular gasoline averages $3.47 gal, 0.47 off of this year’s high in April and below [...]
U.S. Energy Initiatives Explains Singular 96™ Brand
U.S. ENERGY INITIATIVES CORP (PINKSHEETS: USEI) previously announced a Joint Venture with Bulova Tech Labs (“Bulova”) to distribute a 96 Octane gasoline replacement fuel priced below the local prevailing price for regular grade 87 Octane gasoline. The product is branded Singular 96™. Bulova completed an initial sales test on 800 vehicles. Currently, USEI is completing [...]
USA Gasoline Price Outlook
concerns about the price of gasoline is on the front burner with the US consumer on a daily basis, and it has turned a lot of folks into speculators of how high pump prices will rise. In some regions of the US it tapped $5 a gallon as predicted by several pundits back in February, [...]
M&A News: Private Equity Buys Oil and Gas
Private equity (‘PE’) interest in the U.S. oil and gas industry marked at least a 20-year high during the first quarter of 2012, as the volume of mergers and acquisitions (M&A) reached 11 transactions, which had a total deal value of $11.5 billion, a 120 percent increase in activity when compared to the same period [...]
Shayne Heffernan Coal Report
Arch thinks U.S. coal consumption for electrical generation could drop by at least 75 million tons this year, so it is paring its total production in the U.S. by 25 million tons over 2012. Arch has eliminated some 500 jobs company-wide since the market’s downturn. “While we hope that coal markets improve as we progress [...]
China and Russia in New Energy Deal
Chinese and Russian co-operation in the energy sector will expand beyond the traditional Oil and Gas arena as economic ties between the 2 countries continue to tighten, industry experts say. Russia sold 2.31-M tons of Crude Oil to China in March, a Y-Yincrease of 47.8%. Russia became China’s 3rd-biggest source of Crude Oil after the [...]
Goldman (NYSE:GS) Oil Outlook
Goldman (NYSE:GS) sees WTI Crude Oil price closer to Brent price in 2-H of Y 2012 The WTI-Brent spread is the measure the price difference between the World’s 2 main Crude Oil benchmark prices. Goldman Sachs said Tuesday in a note that the WTI-Brent spread is expected to narrow in 2-H of this year. The [...]
The Oil Rich States in the USA
The Oil Rich States in the USA Though it is not always the cause, the States with the most Crude Oil reserves generally have strong economies. 6 of the 10 states with the most reserves have among the lowest unemployment rates in the Country; 7 had the smallest increases in the unemployment rate from Y’s [...]
Obama, Oil Reserves and Alan Gaines
Leading Oil Industry Executive Alan Gaines speaks on Obama and Oil Reserves. Alan Gaines was Chief Advisor to financier Carl C. Icahn in all of Mr. Icahn’s investments within the energy space, including such highly publicized forays as Texaco, Phillips Petroleum, Unocal, United States Steel (Marathon Oil), Tenneco, Williams Cos., Western Company of North America, [...]
Berau Coal Energy to Spend $691m on Exploration and Production
Berau Coal Energy plans to spend $691 million over the next three years to expand its exploration and production, up from an original target of $450 million to $475 million, the company’s president director said on Monday. Last year’s coal production was estimated at 20 million tons and net income at $180 million, a rise [...]
Energy Market Recap
Energy Market Recap: 20 September 2011 November Crude Oil ended the session with an inside day trading range, as it consolidated Monday’s downdraft. It seemed that Crude Oil prices benefited from optimism that the US Federal Reserve might embark on further measures to support US economic growth. Additional support appeared to come from a Global [...]
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China Economy in for a Shock
Thursday’s PMI revived investor worries about whether China can sustain an economic revival this year, after annual growth slumped to a 13-year trough in 2012. China’s factory output and investment performance for April released earlier …
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UAE Economy Seeing a Spring Boom
HBC
Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
The Pilette Family’s 100 yr Racing History Celebrated at Indy
Theodore Pilette was a Belgian racing driver who finished 5th in the Y 1913 Indy 500 …
The Hot List
Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)
Enviro-Serv Inc (OTCMKTS:EVSV)
EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …
shoutbox
Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!
Tue, 04/30/13 | 0 Comment
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Guest: gsat get it now. if u snooze u lose
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