Light, sweet crude oil prices for March delivery fell more than $1 Feb. 19 to close at under $30/bbl on the New York market while Brent prices for April delivery also fell more than $1 to close at slightly above $33/bbl. Source: News
22 Feb 2016 10:10:39 EST – The latest stock information is now available for your stocks
XOM Last 82.95 Change +0.45 % Change 0.55% Volume 2,317,374 As of: 22 Feb 2016 10:10:39 EST View: Stock Quote | News CVX Last 88.65 Change +2.15 […]
Supreme Court issues stay of EPA's Clean Power Plan implementation
The US Supreme Court told the Environmental Protection Agency in a 5-4 vote to delay implementation of its Clean Power Plan until a lawsuit 27 states filed to challenge it can be heard. Source: News
Watching Government: Tying earthquakes to fracing
Oklahoma Corporation Commission Chairman Robert Anthony noticed one difference immediately at the Natural Gas Committee’s session on hydraulic fracturing at the National Association of Regulatory Utility Commissioners 2016 Winter Meeting from one at the NARUC Winter Meeting 6 years earlier. Source: News
Oklahoma outlines largest reduction plan yet for disposal wells
The Oklahoma Corporation Commission’s Oil and Gas Conservation Division (OGCD) announced its largest volume-reduction plan yet for oil and gas disposal wells in western Oklahoma’s Arbuckle formation in response to increased numbers of earthquakes. Source: News
BP: Fossil fuels to remain 'dominant form of energy' through 2035
Global energy demand between 2014 and 2035 is expected to rise 34%, an average of 1.4%/year, with fossil fuels remaining “the dominant form of energy over the period,” according to the 2016 edition of the BP Energy Outlook. Source: News
Today's lower prices don't doom future US LNG exports, panel says
Depressed natural gas prices now aren’t likely to affect future US LNG exports much because most projects won’t go into operation until 2020 when global markets have improved, speakers at an Atlantic Council (AC) forum agreed. Source: News
Taking the oil
At least Donald Trump wants oil. While seeking the Republican presidential candidacy, he lays claim to oil with characteristic intemperance. That he wants oil nevertheless implies that he sees value in the substance. Neither Democratic candidate even wants it. Source: News
Working through the downturn
Under normal market conditions, an exploration editor need not reach too far to find a topic worthy of writing on. These are not normal market conditions. Source: News
In two elections due in Iran, votes will have limited clout
Iranian elections, two of which will be held Feb. 26, are more important than they are consequential. Source: News