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Notice: Undefined index: und in include() (line 207 of sites/all/themes/Porto_sub/node--feed-item.tpl.php).Alaska’s rocks keep drawing explorers searching for oil, gas: Fuel for Thought
These are bleak times across much of the nation's "oil patch." Layoffs are spreading and rigs are being laid up. One state -- Alaska -- is defying the trend, at least for now.
U.S. oil and natural gas reserves both increase in 2014
(Mon, 30 Nov 2015) U.S. crude oil and lease condensate proved reserves increased by 9% to 39.9 billion barrels, and natural gas proved reserves increased by 10% to 389 trillion cubic feet in 2014, according to EIA's U.S. Crude Oil and Natural Gas Proved Reserves report. U.S. crude oil and lease condensate proved reserves reached the highest level since 1972 and natural gas proved reserves surpassed last year's record level.
Working and Net Available Shell Storage Capacity
(Mon, 30 Nov 2015) Working and net available shell storage capacity as of September 30, 2015 is the Energy Information Administration's (EIA) report containing semi-annual storage capacity data. It includes three tables detailing working and net available shell storage capacity by facility type, product, and PAD District as of September 30.
Few surprises expected from OPEC despite cracks over policy
Never say never... With this in mind, it would probably be foolish to rule out some kind of deal between OPEC and non-OPEC producers to manage supply. Margaret McQuaile explains.
Water Main Break in Hoboken, N.J.
A resident of Hoboken, N.J., writes that the cause of the break isn’t “rocket science.”
Is Newcastle thermal coal now in the middle of its winter of discontent?
Platts senior editor for coal Michael Cooper looks at how Newcastle prices came to this bearish position, the bright spots for the market and the commodity price theory that might give a clue on where Newcastle thermal coal could be heading.
Snapped Pipe in Hoboken Upsets City’s Daily Routine
In a faint echo of the damage done by Hurricane Sandy, a broken 36-inch water main flooded the streets of this New Jersey city over the weekend and left homes without tap water.
U.S. gasoline prices this Thanksgiving are the lowest in seven years
(Wed, 25 Nov 2015) U.S. retail regular-grade gasoline prices continue to decline, averaging $2.09 per gallon as of November 23, 73 cents lower than this time last year and the lowest heading into a Thanksgiving holiday weekend since 2008.