Editor Keith Schaefer reviews America's increasing oil production, including the unconventional oil plays that have emerged across the U.S., thanks to the "Shale Revolution."
On October 25, New York State Environmental Conservation Commissioner Joe Martens said his group won't be able to generate its report on drilling in the Marcellus Shale by November 1, creating uncertainty surrounding the timeline for issuing drilling permits for New York's portion of the Marcellus.
Fracking has helped the United States maintain the world's number one economy, but the exploitation of unconventional gas is also catching the eye of the world's second largest economy: China.
Hilcorp Energy Corp. recently agreed to a deal with Chevron subsidiary Union Oil Co. of California (Unocal) to acquire its Alaska Cook Inlet oil and gas assets.
Could the natural gas ETF (UNG-NYSE) lose its tracking of natural gas prices? In one very specific (and quite realistic) circumstance, it could. And could it possibly skew the real, physical price of natural gas in the US? Many people say it is doing that right now, which is...
Rowan Companies, Inc. (RDC:NYSE) recently announced that its second quarter income declined considerably compared to the same period last year.
Canadian LNG–Liquefied Natural Gas–exports aren’t getting a lot of respect these days, partly due to low LNG prices, and partly because of the high profile environmental opposition to Petronas’ proposed terminal location at Lelu Island near Prince Rupert.
But behind the headlines, LNG Canada, a joint venture led by Shell...
By Brian Hoffman, CPA, CA
Natural-gas prices have shown some strength recently, piggy-backing on higher oil prices. Although last week's higher than expected gas storage update is bearish in the short-term for natural-gas prices, the longer term outlook bodes well for significantly higher natural-gas prices.
Although oil prices will also probably...
