Tags » Bakken Shale

Credit Suisse: Oil Has Stabilized Because Saudis Got What They Wanted

Forget wealth effect. The global equity market can’t have a smooth bull run if oil prices are tanking.

This is because commodity-related capital expenditure accounts for around 30% of total capex globally, so even though consumers may benefit from cheaper oil, companies are hit first. 421 more words


Oil bulls are subject to a hard fact, which is that US shale is a stubborn bear

Oil prices continue to swing wildly, but they are subject to a hard fact—the incessant flow of US shale oil, which, according to a leading energy research firm, is likely to dip only slightly this year before rising again by next summer. 338 more words

NJ Lawmakers Pass Resolution Against $1B Pipeline Project

The New Jersey Senate on Monday passed a resolution in opposition to the proposed $1 billion, 178-mile Pilgrim Pipeline set to carry oil from the Bakken Shale through New Jersey and New York, urging permitting agencies to reject the project as currently proposed. 460 more words

Duane Morris Government Strategies

Crude Prices Fall on Greece, Iran Nuclear Talks



Crude oil fell about 2 percent on Friday, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market. 390 more words

Gas prices are way low, but U.S. oil production to grow in 2015. What gives?

Today, the price of oil fell under $53 a barrel, the cheapest crude since the 2009 recession. Petroleum’s price plummet over the last six months ( 365 more words

Climate & Energy

Natural Gas Investors In Denial

Natural Gas Declines After Stockpiles Drop Less Than Forecast

” Investors have to face this ” new normal”, Jack A.Bass

Natural gas futures slipped in New York after U.S. 538 more words